STG Holdings Names New CFO

 

STG Holdings pic
STG Holdings
Image: stgusa.com

As CEO of STG Holdings, LLC, in South Kearny, New Jersey, Chris Jamroz is responsible for overseeing the most expansive network of container freight station (CFS) facilities in North America. In the United States alone, STG offers more than 4 million square feet of warehouse space. In addition to managing the company’s day-to-day operations, Chris Jamroz works with the company’s other executives to formulate its strategic planning, including STG’s newly appointed chief financial officer.

In March 2018, STG Holdings named Joe Toczak, an experienced finance executive with a background in manufacturing and distribution, to serve as the company’s new chief financial officer. An MBA graduate of the Kellogg Graduate School of Management at Northwestern University, his specific background in international logistics and experience navigating complicated mergers and acquisitions make him an ideal choice to fill the role. The new hire is part of STG’s ongoing growth strategy, which has included the acquisition of companies such as Freight Force.

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STG’s Jamroz Focuses on Investment in CFS Industry

Chris Jamroz
Chris Jamroz

An accomplished senior executive, Chris Jamroz serves as CEO of St. George Logistics Holdings (STG). The South Kearny, New Jersey-based company is the nation’s leader in the container freight station market, doing business in major ports on both the west and the east coast. Toward the close of 2016, Chris Jamroz was interviewed by the publication American Shipper, where he discussed his undervalued industry.

The container freight station, or CFS, industry accounts for about 15 percent of the total container shipping industry, yet it is highly fragmented. And because the logistics involved in the types of less-than-container loads (LTL) shipped by CFS companies are far more complex and exacting than those that obtain for the full-container-load segment of the industry, barriers to entry are often next to insurmountable.

Mr. Jamroz observed that the fragmentation among the CFS industry’s approximately 1,500 firms is not conducive to attracting investment. To add to the problem, the industry’s costs of operation and increasingly complicated logistics are joined by the volatility of world markets.

Mr. Jamroz believes that his industry is ripe for consolidation and a thorough modernization, and has directed STG along these lines in its broad investment strategies.

STG Holdings – Efficiency and Capacity in Container Freight Services

 

STG Holdingspic
STG Holdings
Image: stgusa.com

Overseeing STG Holdings, LLC, Chris Jamroz leads the largest network of independent container freight stations (CFS) across North America. In the United States alone, the firm offers warehousing space spanning four million square feet. With Chris Jamroz’ New Jersey-headquartered firm currently expanding its Chicago regional operations, he is overseeing a process of industry consolidation that has encompassed the merger of St. George Logistics and AZ Corporation, subsidiaries of STG Holdings.

Interviewed in late 2016 by American Shipper, Mr. Jamroz singled out a major issue facing the CFS industry as being “critical underinvestment” that has resulted from industry fragmentation and neglect, with the vast majority of freight moves accomplished through full-container-load. This is problematic because global shipping cyclicality, coupled with excess capacity, has resulted in less-than-containerload freight volumes.

The merger of the two major CFS companies, St. George Logistics and AZ Corporation, enables long-needed technology automation that seamlessly integrates two major distribution networks across a combined 32 facilities nationwide.

Because STG operates as a independent outsourcer, it has a unique ability to optimize efficiency through functioning at full capacity. This contrasts with freight forwarders that have less flexibility when it comes to seasonality and cyclicality in shipping volumes. Its unique pay-per-service system ties business volume directly to operating expenses in ways that protect the bottom line.

Technology Provides St. George Logistics with an Industry Edge

Chris Jamroz
Chris Jamroz

Chris Jamroz is St. George Logistics Holdings CEO and St. George Logistics Executive Chairman. St. George Logistics Holdings is the largest supplier of outsourced container freight station services in North America. The technology overseen by Chris Jamroz at St. George Logistics Holdings is aligned with the needs of customers to reduce errors, minimize costs, and enhance visibility.

St. George Logistics Holdings operates an advanced container freight station platform that utilizes a cargo management system offering auto alerts, enhanced online reporting, and numerous scheduling features. The platform also provides real-time information on shipment tracking and status and supports file data interchange. Additionally, it can interface with a client’s financial system and generate shipping documents, customized reports, automatic billing, and releases.

The distribution operations at St. George Logistics Holdings employ a warehouse management system called Synapse. The extreme functionality of Synapse supports complex distribution models and can handle a broad range of requirements. Synapse benefits St. George Logistics Holdings’ clients by offering the most advanced distribution technology available.

Chris Jamroz Believes in the Value of Mentorship

Mentorship pic
Mentorship
Image: forbes.com

As CEO of St. George Logistics Holdings, Chris Jamroz possesses business experience and expertise in the logistics and financial sectors. Chris Jamroz has been a lifelong advocate for furthering education and is a tenured mentor with the Schulich School of Business at Toronto’s York University.

Mentors at the Schulich School of Business interact directly with a student one-on-one. Mentors share industry insights, give professional advice, and help students advance their time management and communication skills. Mentors also provide guidance regarding job search strategies.

The mentorship program at the Schulich School of Business operates throughout the academic year. Students and mentors are encouraged to meet a minimum of four times over the course of the program. Throughout this time, students and mentors also meet at specific events where they can share ideas and experiences.

Mentoring provides both personal and professional value for the mentee and enables the transfer of knowledge from someone with much greater experience. An ideal mentoring relationship is one in which the parties feel a positive camaraderie and they both gain valuable insights and new perspectives.

Consolidation and New Efficiencies Emerge in the Shipping Industry

STG Holdings, LLC pic
STG Holdings, LLC
Image: stgusa.com

Chris Jamroz guides STG Holdings, LLC, and coordinates North America’s largest independent container freight station (CFS) facilities network. Chris Jamroz’ team maintains more than 4 million square feet of dedicated US warehousing space to provide distribution and time-sensitive inventory management solutions.

Trends impacting the shipping industry in 2017 include increased consolidation amidst a landscape of falling rates for freight shipments and a renewed focus on the bottom line. With seven major companies controlling nearly two-thirds of the world capacity, the focus is on synergies that enable costs to be kept to an absolute minimum and developing new efficiencies.

Vessel-sharing agreements that involve major partnerships between players such as Transport High Efficiency, 2M Alliance + HMM group, and Ocean are underway. These agreements will engender changes in vessel routing and terminal location while also highlighting a need for flexibility in all aspects of the shipment process. One key readjustment already underway is for capacity growth that is more closely tied to traffic and demand, in ways that improve responsiveness to the actual flow of goods.

STG Acquires Extra Express

St. George Logistics pic
St. George Logistics
Image: stgusa.com

A recipient of the Florida Governor’s Business Ambassador Medal, Chris Jamroz is a logistics executive in North America. Currently, Chris Jamroz serves as the CEO of St. George Logistics Holdings and the Executive Chairman of St. George Logistics (STG), the largest provider of outsourced customer freight station (CFS) services in North America.

In May 2017, STG announced it had acquired Extra Express, a division of Dicom Transportation Group, in order to complement its full range of logistics services with last mile delivery solutions. Extra Express provides warehousing and delivery services to corporates in California. It operates four warehouses and has a delivery fleet of over 300 vehicles. STG will integrate Extra Express’ network with its own, achieving a last mile delivery service to serve the California market.

The acquisition means STG clients on the west coast will enjoy a closed-loop range of services from drayage, to warehousing, to intermodal transportation, and finally to last mile delivery. Its customers will no longer have to hire third-party transportation companies to deliver products from STG warehouses to their doorsteps; STG will do that for them. Fulfilling customers’ logistics needs will be faster, easier, less expensive, and more integrated with STG’s existing services.