Below Estimated Q1 Revenue for Roadrunner Transportation Systems

In addition to his primary position as the CEO of STG Holdings, Chris Jamroz serves as the chairman of the Board of CMS Info Systems and director of its private equity portfolio SIPL. Moreover, Chris Jamroz functions as a member of the Board of Directors of the international logistics provider Emergent Cold and was recently nominated as a new member of the Board of Roadrunner Transportation Systems (RRTS).

In May, RRTS reported Q1 2019 earnings per share of $1.78 with total revenue at $507.1 million. Despite the relatively high figure, total revenue failed to meet the lofty $569 million consensus estimate. Commenting on the Q1 report, RRTS CEO Curt Stoelting acknowledged “market softness in the first quarter in some of . . . [RRTS’] well-performing businesses,” but noted the company’s long-term vision to achieve higher-than-average industry margins remains intact due in part to its cross-segment investment philosophy.

He also attributed a portion of the revenue shortfall to planned service area reductions among its less-than-truckload (LTL) business segment. The company is committed to eliminating unprofitable freight and, by doing so, increasing its year-over-year LTL yield and adjusted EBITDA. Mr. Stoelting anticipates these efforts will help drive revenue increases in future quarters.

Emergent Cold Acquires Finlays Colombo Limited in Sri Lanka

Chris Jamroz serves as the CEO of St. George Logistics Holdings, a leading provider of distribution and transportation services in North America. In addition to running the company, Chris Jamroz is on the board of Emergent Cold, a company that provides refrigerated warehousing and transportation services to multinational customers.

On January 29, 2019, Emergent Cold finalized its acquisition of the temperature-controlled logistics company Finlays Colombo Limited (Finlays) in Sri Lanka. According to Gihan Jayasinghe, CEO and Country Head of Finlays in Sri Lanka, the sale was part of the company’s strategy to expand its tea-related business. 

Operating since 1893, Finlays is one of the largest suppliers of tea, coffee, and botanical extracts in the world. Finlays has a vertically integrated supply chain, wherein the sourcing of raw materials, extraction, packaging, and new product development are all done in-house. The company also has the largest cold storage capacity in Sri Lanka, housing 14,000 pallet positions.

STG Logistics Furthers Expansion through Acquisitions Strategy

Transportation and logistics veteran Chris Jamroz earned an MBA with distinction from York University. Chris Jamroz now serves as the executive chairman of STG Logistics, a leading North American provider of specialty third-party logistics and transportation services. 

Focused on expanding its reach across North America, STG Logistics recently acquired Summit Northwest Corp., a provider of import/export logistics in the Pacific Northwest and Canada. Specifically, the company has a strong presence in Seattle-Tacoma, America’s third largest port, and in the gateway cities of Portland and Vancouver. 

Summit Northwest Corp. will be a valuable addition to STG Logistics, allowing the company to provide critical import/export services to air and ocean freight movers and other international transportation providers in the growing Northwest market.

The Summit Northwest Corp. acquisition builds on STG Logistics’ mission to increase its footprint across North America through strategic acquisitions. STG Logistics had previously acquired Freight Force, a California-based provider of first and final mile delivery services with an expansive network of independent carriers.

How STG Logistics Supports American Retailers and Vendors

Chris Jamroz is the CEO of STG Logistics, the largest provider of ocean and air CFS, distribution, transportation, and value-added services in America. Under the guidance of Chris Jamroz, STG Logistics offers a number of contract services to help companies, including retailers, vendors, and e-commerce businesses. 

STG Logistics’ contract logistics services were established to support companies with their warehouse and logistics needs and free up resources that could be directed toward the core business. Simply put, STG Logistics takes care of companies’ warehousing and logistics needs at lower costs. 

For large retailers that move high volumes, STG Logistics provides dedicated warehouse space and labor to move cargo efficiently. For small companies with seasonal demand, STG Logistics offers shared warehousing that allows companies to pay for space and labor only when they need them.

STG Logistics also offers value-added warehousing services, such as inventory management, labeling, packaging, replenishment, and reverse logistics. These are especially valuable to e-commerce companies in need of drop-ship product solutions.

The Services of Emergent Cold

For years, logistics expert Chris Jamroz has successfully driven growth and profitability across the financial and logistics industries. A former senior vice president at J.P. Morgan Chase, Chris Jamroz serves as the chief executive officer of St. George Logistics and on the board of directors for Emergent Cold.

Emergent Cold provides distribution solutions to the global cold chain industry. Often utilized by pharmaceutical companies, the “cold chain” refers to logistics and supply chain services designed to protect temperature sensitive goods. Emergent Cold has established itself as a market leader in the cold chain space in both Australia and Vietnam, and plans to expand further. 

Each regional market served by Emergent Cold benefits from three core services - cold services, transportation, and value added services. Cold services refers to temperature controlled storage solutions that include over 300,000 pallet positions of capacity, while transportation offerings ensure timely product delivery. Last, value added services encompass a variety of special services designed to support local markets. Currently, these range from case picking and blast freezing to export inspections and order fulfillment.

For additional information, please visit www.emergentcold.com.

Emergent Cold Expands Reach with Montague Cold Storage Acquisition

The executive chairman of St. George Logistics, Chris Jamroz is an experienced logistics executive who assists the company in its mission to provide specialty 3PL and transportation services to suppliers around the globe. Chris Jamroz also serves on the board of directors for Emergent Cold, which recently announced it has acquired the Montague Cold Storage facilities, which are located in Melbourne Australia. 

Emergent Cold is building a network of temperature-controlled storage providers to serve the global supply chain. With the Montague Cold Storage acquisition, Emergent Cold will broaden its reach in Australia to better serve its clients there and across the international market. Emergent Cold is already the leading network of temperature-controlled storage in Australia, with more than 75 million cubic feet of space capable of holding more than 300,000 pallets.

The chairman of the Montague Group, Ray Montague, says his company will redouble its focus on the horticulture industry as a result of the sale. The Montague Group is exploring opportunities both internationally and nationally, and the firm listed several specific business endeavors, including investing in distribution infrastructure, technology, and product development.

Emergent Cold's Temperature-Controlled Storage Services

Chris Jamroz has been a leader in business for many years, serving as CEO of STG Holdings, a logistics services company. Chris Jamroz also sits on the board of directors of Emergent Cold, which offers support for the global cold chain.

Emergent Cold's focus is the construction of a temperature-controlled storage network, working in developed, emerging, and developing markets to create quality temperature-controlled space. Its biggest successes to date have occurred in Oceania and southeast Asia, where it has become a market leader. In Australia, it maintains capacity for more than 300,000 pallets, totaling more than 75 million cubic feet of temperature-controlled space across five facilities. In Vietnam, it has space for more than 40,000 pallets in Ho Chi Minh City and Hanoi.

In addition to storage services, Emergent Cold offers transportation for temperature-controlled goods and additional value-added services. In its Vietnam markets, services include case picking, boxing, repacking, import and export inspections, and logistics assistance for e-commerce, providing strong support for any organization that needs to transport goods at controlled temperatures.