Janel World Trade Reports Record Revenues

Janel World Trade, Ltd., a full-service global provider of integrated transportation logistics services, reported record revenue of $82,745,383, up 10% or $7,797,941, as compared to fiscal 2007 revenue of $74,947,442.

Net revenue (revenue minus forwarding expenses) also reached a record of $9,786,142, up 20% from the prior year's level of $8,172,364. [Forwarding expense primarily comprises fees paid by Janel directly to cargo carriers to handle and transport its actual freight shipments on behalf of its customers between initial and final terminal points.]

Read entire article ...