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News Release

March 9, 2012

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SBS Worldwide launches new Asia-US Consol services, 6th March 2012

News Release SBS Worldwide Inc March 9, 2012
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<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><B><SPAN
style="FONT-FAMILY: Arial">Atlanta</SPAN></B><B><SPAN
style="FONT-FAMILY: Arial">, 6<SUP>th</SUP> March 2012</SPAN></B><SPAN
style="FONT-FAMILY: Arial"> - Supply <SPAN style="COLOR: black">c</SPAN>hain
solutions provider SBS Worldwide has launched three new direct consolidation
services with weekly departures from <SPAN style="COLOR: black">Shenzhen</SPAN>,
Hong Kong and Shanghai to New York.</P>
<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black">The SBS simplified consolidation
services have been designed to meet the needs of customers for transparent
pricing and fixed-weekly sailings with reliable transit times.</SPAN></P>
<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial">SBS Worldwide Group Chairman Steve Walker said: &#8220;Most
weekly consolidation services from China to the <SPAN
style="COLOR: black">U.S.</SPAN><SPAN style="COLOR: #c00000"> </SPAN>tranship
via Hong Kong.</SPAN></P>
<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial">&#8220;By offering our customers consolidation services
directly from <SPAN style="COLOR: black">Shenzhen </SPAN>and Shanghai directly
to New York we are able to remove a transport leg, which reduces lead times and
makes the service more cost efficient.</SPAN></P>
<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial">&#8220;The fact a transport leg has been removed also
increases the reliability of service as the risk of goods being delayed in
transit are lessened.&#8221;</SPAN></P>
<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial">The new services also reduce the risk of cargo being
damaged during transport as product is only handled once at origin, compared
with services that tranship via Hong Kong where cargo needs to be
re-loaded.</SPAN></P>
<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial">These benefits come on top of the savings already
offered by SBS&#8217;s existing consolidation services that combine smaller shipments
of multiple customers into one container.</SPAN></P>
<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial">On top of its existing consolidation and full
container services and these new launches, SBS Worldwide is also examining the
possibility of launching other new direct consolidation services from China to
the US in the future.</SPAN></P>
<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial; COLOR: black">Stay tuned for the</SPAN><SPAN
style="FONT-FAMILY: Arial; COLOR: #c00000"> </SPAN><SPAN
style="FONT-FAMILY: Arial">launch of more direct consolidation services that
will compliment SBS&#8217;s existing operation from these key areas of Asia to its
hubs in New York, Chicago, Atlanta and Los Angeles.</SPAN></P>
<P style="MARGIN: 0cm 0cm 10pt" class=MsoNormal><SPAN
style="FONT-FAMILY: Arial">Please contact your local SBS office for more
information.</SPAN></P></SPAN></DIV></BODY></HTML>