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December 8, 2015 1:30 PM, EST

BDP Appoints New President, Launches New Business to Manage Supply Chain Functions

BDP International, a privately owned U.S.-based freight forwarder, announced executive changes and the launch of a new business to help shippers manage supply chain functions.

Mike Andaloro, a 25-year veteran of BDP International, was named president of the firm, succeeding John Bolte, who will head a new subsidiary called 360-Degree Predictive Logistics and Supply Chain Management. In addition, Lance Malesh was promoted to a new position of chief commercial officer.

Based in Philadelphia, BDP International ranks No. 40 on the Transport Topics list of Top 50 Logistics Companies with estimated net revenue of $254 million in 2014. The company provides air and ocean freight forwarding, customs brokerage, warehousing and distribution and project logistics for shippers in the chemical, oil and gas, retail and health care industries.

BDP chairman and CEO Richard Bolte Jr. said Andaloro “will play a leading role in shaping our strategic path forward.”

In establishing 360-Degree Predictive Logistics, Richard Bolte said the company will offer customers “a more complete view of their global processes, eliminate waste and complexity and mitigate costs through greater consolidation of providers.”

The new business will launch in early 2016, he said.