Stonepath Awarded Major Logistics Project by MARTCO, Leading Producer of Forest Products
September 13 2005 - 8:33AM
Business Wire
Stonepath Group (AMEX:STG), the global logistics services
organization, today announced the Company has been awarded a
significant logistics project by Alexandria, Louisiana-based
MARTCO, LP, producers of innovative forest products. Revenue for
this project is well in excess of $1 million. MARTCO has engaged
Stonepath to orchestrate the complete logistics solution for the
movement of their oriented strand board (OSB) production line from
Germany and Canada to Oakdale, Louisiana. The comprehensive
end-to-end solution encompasses transportation, insurance and
customs clearance for equipment, which includes heavy freight (up
to 110 metric tons) that will travel on special vehicles from
Windsor, Ontario, to Louisiana, as well as via two charter vessels
from Hamburg, Germany. Lothar Kammerer, Senior Vice President of
Project Cargo Services for Stonepath Logistics, commented, "We are
extremely honored that MARTCO has chosen Stonepath as their
third-party logistics provider for this important manufacturing
project. Stonepath's Project Services group is committed to
exceeding client expectations and continues to demonstrate our
ability to support major logistics undertakings worldwide." About
MARTCO (www.martco.com) Roy O. Martin Lumber Management, L.L.C.
(ROM), general partner of Martco Limited Partnership, has been an
Alexandria, Louisiana-based producer of innovative forest products
since 1923. Today, ROM has a land base of 580,000 acres of prime
southern pine and fine hardwoods throughout Louisiana. With sound
high-yield forestry programs which began in the 1950's, ROM
continues to take special pride in timber as a uniquely renewable
resource. ROM is the only pine and hardwood landowner that is
Forest Stewardship Council certified for environmentally friendly
operations. Stonepath Project Services Based in Houston, Texas,
North America's number one project port, the Stonepath Project
Services group provides integrated logistics solutions for
large-scale, complex operations worldwide. About Stonepath Group
(AMEX:STG) Stonepath (www.stonepath.com) is a global, third-party
logistics organization providing a full range of transportation and
distribution solutions to multinational and local businesses.
Through a strategic acquisition program and strong organic growth,
the Company has expanded rapidly, establishing a network of owned
operations throughout North America, the Asia Pacific region and
Latin America. Stonepath provides a full-range of time-definite
transportation and distribution solutions to a diverse client mix
of retail leaders, automotive and technology concerns, government
agencies, and defense contractors. For more information about the
Company, please contact John Brine at (212) 254-8280.
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