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Ascent Investment Supports Shuster Appointment

South Kearney, New Jersey, resident Chris Jamroz is CEO of STG Holdings, the largest container freight station network in North America. In addition, Chris Jamroz is Executive Chairman at Ascent Global Logistics, which is a part of Global X investment group. In a May 2021 Yahoo Finance article, he endorsed Bill Shuster’s appointment to the Global Crossing Airlines Group Board of Directors. With this appointment, Shuster will fill one of two seats that belong to Ascent Global Logistics. Shuster served in the US Congress from 2001 until 2019. During this time he served on key committees including the Transportation and Infrastructure Committee. He also was involved with passing the FAA Re-Authorization Act of 2018, and spearheaded strengthening air and rail transportation infrastructure. He worked closely with the US Department of Transportation and the Federal Aviation Administration. Before his work in Congress, Shuster was a small business owner and a business executive with a multinational company. According to the article, Ascent Investment fully supported Shuster's appointment to the board.

#Appointment

Ascent Recognition a John Deere -level Supplier

An education advocate, Chris Jamroz performed exemplary in his education and attained a First Class Honours for a BA in Business Studies from Birmingham City University in the UK and a Distinction for his MBA at York University in Canada. Chris Jamroz is an entrepreneurial executive who has held various executive roles, one of which is as Executive Chairman and CEO of Ascent Global Logistics. Ascent has severally received the John Deere Achieving Excellence program recognition award. Participants who pass the annual evaluation carried out by John Deere’s program receive Partner-level supplier recognition, which is the highest award a supplier can receive. For Ascent, a global logistics company, receiving the Partner-level supplier for 2021 is the seventh time they have continuously achieved the award. Ascent prides itself in solving the supply chain challenges and has also received other awards, including the Supplier Innovation award received in 2015 and the Hall of Fame recognition for the year 2019, among other awards.

#Ascent’s

Ascent Global Logistics Maintains Two Board Seats

A transportation and logistics executive, Chris Jamroz has served as CEO of STG Holdings in South Kearny, New Jersey, since 2016. In addition to his work at STG, Chris Jamroz runs Ascent Global Logistics, a results-driven company that provides supply chain solutions to organizations worldwide. As part of its work, Ascent Global Logistics partners with companies such as GlobalX, which provides full aircraft charters for various travel sector groups. Ascent maintains two seats on the board of directors of GlobalX. One is held by David Ross, Ascent's chief strategy officer, and the other is occupied by former Pennsylvania Congressman Bill Shuster. In addition to his leadership skills, Bill Shuster brings a significant amount of transportation and infrastructure experience to his role on the GlobalX board. During his 18-year tenure in Congress, he served on the House Transportation and Infrastructure Committee and was the committee chairman for six years. Congressman Shuster spearheaded legislation aimed at strengthening air and rail transportation systems, including the FAA Re-Authorization Act of 2018. His knowledge of and experience with the US Department of Transportation and the Federal Aviation Administration helps ensure that GlobalX maintains strong governmental relationships and compliance with federal aviation regulations.

#Global Logistics

Bill Shuster Joins GlobalX Board of Directors

Chris Jamroz serves as the chief executive officer of STG Holdings in South Kearny, New Jersey. In addition to his oversight of North America’s most comprehensive network of independent container freight station facilities, Chris Jamroz serves as the executive chairman of Ascent Global Logistics. Miami, Florida’s Global Crossing Airlines Group, Inc., has announced that Bill Shuster will join the GlobalX Board of Directors, occupying one of two seats held by Ascent Global Logistics. A Pennsylvania congressman from 2001 until his retirement in 2019, Shuster gained relevant experience during his time on the House Transportation and Infrastructure Committee, among other appointments. His accomplishments as a representative were highlighted by the passing of the FAA Re-Authorization Act of 2018, as well as legislation designed to enhance the nation’s air and railway transportation networks. Ed Wegel, chairman and chief executive officer of GlobalX, welcomed Shuster to the board and pointed out his extensive experience with organizations such as the United States Department of Transportation and the Federal Aviation Administration. Speaking on behalf of Ascent Global Logistics, Chris Jamroz specifically highlighted Shuster’s knowledge of aviation regulatory and compliance issues.

#Bill Shuster

Former Congressman Bill Shuster Becomes GlobalX’s

With experience managing freight facilities near major airports across the United States, Chris Jamroz serves as executive chairman at Ascent Global Logistics. In 2019, Chris Jamroz witnessed the appointment of former Congressman Bill Shuster to Global Crossing Airlines Group Inc., GlobalX, board of directors. Shuster brings years of business and governmental experience to the appointment. Before becoming a member of Congress, Shuster was a small business owner and executive with international experience. Elected to the House of Representatives in 2001, he represented Pennsylvania’s 9th Congressional District. Shuster received a membership on several committees, including the House Transportation and Infrastructure (T&I) Committee. In 2013, Congressman Shuster was elected Chairman of the T&I Committee and remained in the position until his 2019 retirement. When elected to GlobalX’s board of directors in 2019, Shuster was one of Squire Patton Boggs’ senior policy advisors. Congressman Shuster also fills one of Ascent’s two seats on the board.

#Member

Roadrunner Announces Leadership Changes

A leader in the logistics industry, Chris Jamroz serves as chief executive officer of STG Holdings in South Kearny, New Jersey. Chris Jamroz also serves as executive chairman of Roadrunner, which recently announced key leadership changes and a major equity private placement. On March 25, 2021, Roadrunner announced that Andrew Leto, founder of GlobalTranz, and Kevin Shuba, former CEO of OmniTRAX, had joined the board of directors. The company also announced Dave Ross as partner and executive vice president. These key leadership changes coincide with a $25 million equity private placement, which continues the company’s strategic transformation from last year. In August of 2020, the company sold three truckload businesses as part of its multi-year restructuring plan. Roadrunner plans to leverage the latest investment to improve technology, systems, and staff. Specifically, $10 million of the equity placement came from Leto, and Roadrunner plans to use Leto’s expertise in technology and his knowledge of how customers choose carriers to improve sales. Lastly, to renew customers’ trust in the company, Roadrunner has announced a guaranteed service offering to assure customers that their shipments will arrive on time and damage free.

#Equity Placement

Royal Ontario Museum’s Blue Whale Project

A graduate of York University in Canada, Chris Jamroz holds a master of business administration earned with distinction. He leverages his training and experience to serve in several executive roles in the logistics and transportation industry, including as executive chairman of Emergent Cold and CEO of STG Holdings. In addition to these leadership roles, Chris Jamroz remains a member of the board of trustees of the Royal Ontario Museum (ROM), which offers a number of online exhibitions, including the Blue Whale Project. Royal Ontario Museum’s Blue Whale Project tells the story of a team from ROM that traveled to the coast of Newfoundland to salvage a beached blue whale in 2014. That spring was tragic for the endangered blue whales, nine of which were found entombed in ice off the coast of Newfoundland. The team from ROM traveled to Newfoundland to salvage the remains of the whale, collect tissue samples, and recover the skeletal structure. The museum later began collaborating with Memorial University to study the complete genetic sequence of blue whales to further knowledge related to the evolution of whales and the genetic diversity of the North Atlantic blue whale in particular. To learn more about the Blue Whale Project and ROM’s other online exhibits, visit https://www.rom.on.ca/en/exhibitions-galleries/exhibitions/online-exhibits.

#Blue Whale Project

Executive MBA Program at York University

York University alumnus Chris Jamroz is an accomplished senior executive in the finance and logistics sector. In addition to his experience as CEO and board director, Chris Jamroz is dedicated to business education. He is a tenured mentor to business students at his alma mater’s Schulich School of Business. The Schulich School of Business offers multiple MBA programs including the Kellogg-Schulich executive MBA. The degree is ranked by The Economist as Canada’s top MBA program. Created in partnership with Northwestern University’s Kellogg School of Management, the program allows students to take core courses in Canada, and then complete their global elective modules at the Kellogg partner school locations in the US. Characterized by a flexible design, the 18-month program consists of classes that are held every third weekend. Students take core courses that tackle strategic thinking, financial management, and marketing. The program culminates in a global strategy project where students take a trip to an emerging market abroad.

#MBA Program

Ascent Global Logistics Expands in Alaska

Based in New Jersey, Chris Jamroz leads STG Holdings, in which role he oversees supply chain and logistics operations nationwide. Chris Jamroz also serves as executive chairman of Ascent Global Logistics, which spun off from Roadrunner Transportation Systems and announced a new board of directors in August of 2020. Ascent is known for a technology-driven approach that makes logistics less complex; the company spans international, domestic, and international supply chain management. In November, it expanded its footprint through the acquisition of Hageland Aviation Services. This allowed it to launch Rambler Air, a next-generation provider of commuter flights and cargo and passenger charters. As the CEO of Ascent described it, Rambler Air’s fleet of 10 aircraft benefits from his company’s nearly half century of experience operating USA Jet across the lower 48 states. Mr. Jamroz noted that Alaska is more dependent on air services than states within the lower 48, which presents a compelling business opportunity. Beyond proven safety and reliability, one distinct advantage is a core bid-board air charter technology, which is proprietary and enables an “Arctic On-Demand” approach.

#Global Logistics

Ascent Global Logistics Enters Alaska Aviation

Serving as an executive chairman of STG Holdings, LLC, Chris Jamroz is a veteran of the container freight station industry. Overseeing a portfolio of companies in the logistics and supply chain spheres, Chris Jamroz also chairs Ascent Global Logistics, Inc., which is dedicated to custom, simplified solutions spanning international and domestic markets. In November 2020, Ascent announced that it had completed the acquisition of Hageland Aviation Services, LLC, which is based in Alaska. This represents an expansion of the Arctic On-Demand air charter brokerage, which Ascent launched in early 2020 for passenger and cargo transport to Alaska’s remotest regions. A guiding principle is one of providing pricing visibility across a unified network of passenger and air cargo carriers. With the Hageland acquisition, Ascent is launching Rambler Air, LLC, as a new air service provider. With service beginning in 2021, the Anchorage-based fleet includes a pair of Beechcraft 1900Ds and eight Piper Chieftain Navajo aircraft. As described by Ascent’s president and CEO, Rambler Air builds on successes achieved across the lower 48 states with USA Jet. Over four decades, the latter operation has attained a reputation for reliable, on-time, and safety-focused service.

#Aviation

Roadrunner Transportation Systems

Chris Jamroz is an established container freight station executive who leads STG Holdings, LLC in New Jersey as chairman. Guiding a number of associated companies, Chris Jamroz also serves as a director on the board of Roadrunner Transportation Systems. In August 2020, Roadrunner announced the firm’s completion of evolution to a standalone LTL (less-than-truckload) carrier. This involved three transactions involving the divestiture of truckload segment subsidiaries. Among these was the sale of Roadrunner Temperature Controlled Holdings, Inc., to Laurel Oak Capital Partners and Rich Logistics and Integrated Services, Inc., to a strategic purchaser that was undisclosed. The divestitures capped an extended reorganization process that included the March and April 2020, sales of Prime Distribution and Stagecoach respectively; and the November and December 2019, sales of Roadrunner Intermodal Services and Flatbed. As Mr. Jamroz described it, this completed a transformation of Roadrunner Transportation Systems from a “troubled roll-up” to a focused, nationwide provider of LTL (less-than-truckload) carrier solutions.

#Truckload #Transportation Systems

How Blockchain Can Influence the Shipping and Ports Industry

As CEO of STG Holdings, Chris Jamroz oversees the management of the company’s many clients. In addition to this position, Chris Jamroz is also the executive chairman of Emergent Cold. As with other industries, logistics is exploring innovative ways to increase efficiency in this expanding industry. One of these strategies is to employ blockchain technology for day-to-day operations. Discussions of blockchain technology are usually about finance, but some of the innovation’s principles can be applied to the shipping and ports industry. Blockchain records all transactions among parties, usually a digital record. The digital record allows businesses to more efficiently track and document each transaction as products are shipped from one place to another. More importantly, the information encrypted in the chain is safe from being tampered with because the one benefit is that blockchain technology prevents anyone from going in and changing information. An added benefit is that blockchain technologies are more time-efficient to use because a person only needs access information on the chain, which can be done quickly. Since all information is recorded on the chain, it negates the need to store paperwork in large warehouses or storerooms. Blockchain technology can also assist businesses with planning. The one issue within the logistics industry is that planning is difficult because so much of transporting items include hypothetical situations that can happen along the journey. Blockchains can help workers generate predictions and manage potential conflicts and other risks.

#shipping #Logistics

Lineage Logistics Acquires Emergent Cold and Expands in Asia-Pacific

As the executive chairman of STG Holdings, LLC, Chris Jamroz leads North America’s largest independent network of container freight station facilities. Chris Jamroz also serves on the Board of Emergent Cold, which provides temperature-controlled storage platform solutions spanning markets such as Australia and Vietnam. As reported in The Wall Street Journal, Emergent Cold was recently acquired by Lineage Logistics Holding, LLC, the world’s largest refrigerated-storage business by space. With the transaction engineered through Elliott Management Corp., the hedge fund owner of Emergent Cold, the deal was part of a Lineage strategy of expansion into the Asia-Pacific region. Owned by Bay Grove Capital, Lineage has followed an acquisition-driven expansion course over the past decade and earlier in 2019 acquired its rival Preferred Freezer Services, LLC, for in excess of $1 billion. It currently services the needs of global clients such as General Mills, Tyson Foods, Walmart, and Sysco. The price for Emergent was more than $900 million and was reported to add capacity totaling 1.7 billion cubic feet. This increases Lineage’s total footprint by 8 percent and was described by the company CEO as providing leverage for strategically working with customers to locate manufacturing plants, warehouses, and distribution networks optimally.

#Chris Jamroz #Lineage Logistics #Emergent Cold #Expands #Asia-Pacific

STG Logistics Offers Customized Import-Export Cargo Management

The CEO of STG Holdings, LLC, Chris Jamroz leads an omnichannel fulfillment, transportation, and reverse logistics freight solution provider. Under Chris Jamroz’s guidance, STG Logistics, a subsidiary of STG Holdings, has become the largest and most experienced ocean container freight station (CFS) service provider in North America. Possessing more than 30 years of industry experience, STG Logistics handles both import and export cargo for customers, ensuring that freight is transported securely and efficiently from the port to the final destination. Relying on an extensive network of 20 bonded company facilities and 63 partner facilities, STG Logistics offers more national coverage than any other independent CFS in the U.S. The company’s wide-ranging logistics services include highly reliable inland transportation schedules, local and regional drayage shipments, and port-to-door cargo visibility made possible through STG’s advanced freight management technology. STG’s facilities also can accommodate the client’s specialized needs, such as handling oversized shipments, known as Out-of-Gauge cargo, and transporting hazardous materials.

#Chris Jamroz #STG Logistics #Import-Export Cargo Management

Key Elements of the Wind Point Partners Acquisition Strategy

Chris Jamroz is an experienced business executive who holds a bachelor's degree in business studies from Birmingham City University, where he graduated with first class honors. Also a distinguished graduate from York University’s MBA program in Canada, Chris Jamroz serves as the CEO of STG Holdings and chairman of St. George Logistics. STG has proven to be a top provider of logistics and warehousing services across the North American continent. Mr. Ramroz began his services as CEO of STG in 2016, when he partnered with Wind Point Partners. A Chicago based private equity firm, Wind Point Partners works to acquire well-positioned middle market businesses through partnerships with high quality business executives. Founded in 1984, Wind Point Partners has completed over 350 acquisitions of platform companies and add-on firms. The firm applies a distinctive acquisition strategy that consists of three core elements. - The recruitment of top quality executives capable of developing and implementing a strategic plan. - The identification of businesses that offer opportunities for value creation and that pair well with the expertise of recruited executives. - The identification and implementation of improvements to spur growth and enhance operations.

#wind #point #partners #business

Emergent Cold Honors Commitment to Vietnam Schools

Chris Jamroz holds the title of CEO of STG Holdings, which provides ocean and air cargo solutions through North America's largest network of independently operated CFS facilities. Among his professional activities, Chris Jamroz is also a member of the board of Emergent Cold, a company founded in 2017 to furnish temperature-controlled storage to clients around the globe. With an international presence, Emergent Cold is the leading temperature-controlled storage supplier in Vietnam, with the ability to store more than 40,000 pallets between Hanoi and Ho Chi Minh City. As part of its commitment to give back to the country and support community responsibilities and sustainable development, the company recently announced a donation to Quyet Thang Elementary Junior High School, located in the Huu Lung District in the Lang Son Province. Each year, Emergent Cold contributes resources to Vietnam, and, in the past, it has made contributions to the An Giang, Quang Tri, Quang Nam, and Yen Bai Provinces. In 2018, it sponsored a set of toilets at Quyet Thang Elementary Junior High School. The project includes two areas, one for men and one for women, with a total of eight toilets valued at VND 165 million. The general director of Emergent Cold Vietnam Co., Ltd., Mr. Ngo Quang Trung, attended the opening ceremony for the new school year.

#emergent #cold

STG Opens New Facility in Greater Chicago Area

See on Scoop.it - Chris Jamroz

Chris Jamroz is the executive chairman of St. George Logistics (STG Logistics), a leading provider of specialized third-party logistics, transportation, and warehouse services to the import/export supply chain. Under the direction of Chris Jamroz, STG Logistics led a multimillion-dollar expansion into the Greater Chicago Area in September of 2017. Expansion into Chicago represents an important step in STG’s continued growth due to the area’s reputation as one of the fastest-growing logistics markets in the United States. The new campus, located in Elk Grove Village, covers more than a quarter of a million square feet of prime distribution space. STG’s new facilities will feature upgrades that expand processing capacity and increase efficiency. In order to support its expansion into Chicago, STG partnered with the Chicagoland development company Hamilton Partners, which will help STG in its endeavor to transform its new facilities into a world-class logistics hub. For more information about the expansion, visit http://www.businesswire.com/news/home/20170926005578/en/CORRECTING-REPLACING-STG-Logistics-Establishes-Regional-Head.

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