NEWS

Pactrans Attending Transport Logistic China 2012

Bensenville, Illinois - Aug 02, 2012

Logistics Trade Mission in Shanghai and Beijing, China Yields Anticipated Sales Revenue in Excess of $125 Million Dollars

Illinois Department of Commerce and Economic Opportunity (DCEO) - Office of Trade and Investment (OTI) completed a Small business Administration (SBA) - State Trade Export Promotion  (STEP) sponsored June 2-13th 2012 trade mission to China.  The State of Illinois Logistic Trade Show and Mission to China 2012, which included stops in Shanghai and Beijing, provided a number of opportunities for participants to acquire extensive information about the Chinese market, meet with high level government and industry officials, and establish potential business partners through one-on-one meetings.  The group was led by OTI and IL SBDC International Trade Center (ITC) at Governors State University, mission participants represented a diverse group within the logistics sector.

The Shanghai stop featured a three day trade show called "Transport Logistic China 2012" where the eight Illinois companies met with over 200 company representatives.  

Kitty Pon of Pactrans Air & Sea Inc, "At the expo we met a significant amount of manufacturers and international trade companies.  It allowed us to have discussions with the regarding becoming an important part of their supply chain and potential strategic business cooperation."  
Bensenville based Pactrans Air & Sea Inc garnered business at the trade show and expects nearly two million dollars in revenue as a result of the trade mission.   Additionally they expect the sales to create or retain twenty positions in their company.

Jack McClure of Intermodal Bridge Transport Inc said the mission and participation at the Shanghai show gave, "Exposure and understanding. We have 35 Chinese logistics companies we are following up with. These contacts are a direct result of participation..."   The Bedford Park based company said they expect to generate quarter of a million dollars in revenue and expect to save or create seven jobs as a result of this STEP-OTI mission.

Participants also received a commercial briefing from the US consulate in Shanghai. During the briefing mission participants learned about Chinese economic plans and statistics. Also an important statistics directly to the heart of the logistics industry; trade between the US and China is valued at over half a trillion dollars. This trade relationship represents profound source of opportunities for the logistics industry.

Esmé Li of CJS Trading Co. the opportunities that arose from the show will allow, "...us the potential of more effective transportation of our grain products at lower costs."  The Chicago based company expects revenue from the mission to top $120 million dollars. They also expect to retain or create seven positions at their firm.

The Beijing stop began with a US Embassy Briefing and site visits to COSCO, the largest Chinese logistics company and Sinotrans.  This stop also featured individual company matchmaking meetings where companies met with potential customers and partners to explore business partnerships.

As a result of this trade mission, one participate, Jennifer Crotty of Chicago Export and Packing Company said "These connections could have never have been realized without the opportunities provided by the State to help us grow our business."  

Another participate Bob Cleary, AAB Logistics LLC, "The Illinois OTI office did a phenomenal job in preparing coordinating and executing the objectives.  Their personal touch, introductions, and translation services were top notch as well as instrumental in matchmaking and introductions to like minded Asian companies."    Palatine based AAB Logistics gained business at the trade show and expect nearly a half million in revenue as a result of the trade mission.   Additionally they expect the sales to create or retain seven positions in their company.

Receipt of STEP funding is on a competitive basis, with financial assistance ranging from $1,500 to $5,000.  Companies have two options for applying.  They may attend one group trade missions or submit proposals for funding for individual international business travel.  To be eligible, companies must meet specific qualification guidelines pertaining to minimum annual revenue and length of time in operation.

Funding is still available and companies must apply for the funding assistance through their regional International Trade Center.  The STEP program is a partnership between the Illinois OTI and the ITC.


NOTES
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Kitty Pon of Pactrans Air & Sea Inc, "At the expo we met a significant amount of manufacturers and international trade companies.  It allowed us to have discussions with the regarding becoming an important part of their supply chain and potential strategic business cooperation."  

Pactrans Air & Sea Inc garnered business at the trade show and expect nearly 2 million dollars in revenue as a result of the trade mission.   Additionally they expect the sales to create or retain 20 positions in their company.

Source: Pactrans Air & Sea, Inc.

About Pactrans Air & Sea, Inc.

Headquarted in Bensenville, IL, and doing business for nearly 30 years, Pactrans Air & Sea has established itself as one of the world's leading international logistics companies. Providing a wide range of services, including: import / export air and ocean freight, warehousing and distribution, local trucking, trade shows and product trading / sourcing. Read more about us for more information. We are: CNS (an IATA Co), FMC, NVOCC, MBE and most recently WBE certified organization.

951-961 Thorndale Avenue

Bensenville, IL 60106

847-766-9988 | Fax: 847-766-9025

Email: info@pactrans.com

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