Discount Tire to Implement GenFlat Collapsible Shipping Containers on Key Trade Route
GenFlat Holdings (OTC Pink: GFLT) has announced a strategic partnership with Discount Tire to implement collapsible shipping containers for tire shipments between Thailand and California. The innovative system allows four collapsed containers to be stacked in the space of one standard container during return trips, optimizing shipping space and reducing costs. Discount Tire will begin using GenFlat containers in late November 2024, aiming to achieve significant reductions in carbon emissions and capital investments through this closed-loop shipping solution.
GenFlat Holdings (OTC Pink: GFLT) ha annunciato una partnership strategica con Discount Tire per implementare contenitori di spedizione pieghevoli per le spedizioni di pneumatici tra la Thailandia e la California. Questo sistema innovativo consente di impilare quattro contenitori piegati nello spazio di un contenitore standard durante i viaggi di ritorno, ottimizzando lo spazio di spedizione e riducendo i costi. Discount Tire inizierà a utilizzare i contenitori GenFlat a fine novembre 2024, mirando a ottenere significative riduzioni nelle emissioni di carbonio e negli investimenti di capitale mediante questa soluzione di spedizione a circuito chiuso.
GenFlat Holdings (OTC Pink: GFLT) ha anunciado una asociación estratégica con Discount Tire para implementar contenedores de envío colapsables para el transporte de llantas entre Tailandia y California. Este sistema innovador permite apilar cuatro contenedores colapsados en el espacio de un contenedor estándar durante los viajes de retorno, optimizando el espacio de envío y reduciendo costos. Discount Tire comenzará a usar los contenedores GenFlat a finales de noviembre de 2024, con el objetivo de lograr reducciones significativas en las emisiones de carbono y en las inversiones de capital a través de esta solución de envío en circuito cerrado.
GenFlat Holdings (OTC Pink: GFLT)는 Discount Tire와의 전략적 파트너십을 발표하고 타이어를 태국과 캘리포니아 간에 배송하기 위한 접이식 배송 컨테이너를 도입합니다. 이 혁신적인 시스템은 반환 여행 중 네 개의 접이식 컨테이너를 하나의 표준 컨테이너 공간에 쌓을 수 있어 배송 공간을 최적화하고 비용을 절감합니다. Discount Tire는 2024년 11월 말부터 GenFlat 컨테이너를 사용하기 시작할 예정이며, 이 폐쇄 루프 배송 솔루션을 통해 탄소 배출 및 자본 투자에서 상당한 감소를 달성하는 것을 목표로 하고 있습니다.
GenFlat Holdings (OTC Pink: GFLT) a annoncé un partenariat stratégique avec Discount Tire pour mettre en œuvre des conteneurs d'expédition pliables pour les expéditions de pneus entre la Thaïlande et la Californie. Ce système innovant permet d'empiler quatre conteneurs repliés dans l'espace d'un conteneur standard lors des trajets de retour, optimisant ainsi l'espace d'expédition et réduisant les coûts. Discount Tire commencera à utiliser les conteneurs GenFlat fin novembre 2024, dans le but d'atteindre des réductions significatives des émissions de carbone et des investissements en capital grâce à cette solution d'expédition en boucle fermée.
GenFlat Holdings (OTC Pink: GFLT) hat eine strategische Partnerschaft mit Discount Tire angekündigt, um faltbare Versandcontainer für den Reifenversand zwischen Thailand und Kalifornien einzuführen. Dieses innovative System ermöglicht es, vier zusammengeklappte Container im Raum eines Standardcontainers während der Rückreisen zu stapeln, wodurch der Versandraum optimiert und die Kosten gesenkt werden. Discount Tire wird ab Ende November 2024 mit der Nutzung der GenFlat-Container beginnen, um durch diese geschlossene Versandlösung signifikante Reduzierungen der Kohlenstoffemissionen und Investitionen zu erreichen.
- Strategic partnership secured with one of world's largest tire retailers
- Implementation of efficient closed-loop shipping route
- Space optimization: 4:1 container stacking ratio during return trips
- Immediate implementation timeline (November 2024)
- None.
LONG BEACH, Calif., Nov. 26, 2024 (GLOBE NEWSWIRE) -- GenFlat Holdings, Inc. (OTC Pink: GFLT), a pioneer in collapsible shipping container technology, is thrilled to announce a strategic partnership with Discount Tire, one of the world’s largest tire retailers.
Under the agreement, Discount Tire will utilize GenFlat’s innovative collapsible containers to streamline tire shipments on a closed-loop route from Thailand to California. Once the tires are offloaded, the containers will be collapsed, with four collapsed units stacked in the space of a single container. The collapsed containers will then be shipped back to Thailand for reloading. This approach significantly optimizes shipping space, reduces repositioning costs, and minimizes carbon emissions.
“Discount Tire demonstrates remarkable vision in its dedication to cost savings and advancing environmental, social, and governance (ESG) goals,” said Drew Hall, Chief Executive Officer of GenFlat Holdings. “We have always believed that our containers offer transformative benefits for retailers. Seeing Discount Tire embrace this technology underscores the value of our sustainable solutions.”
“We are excited to partner with GenFlat on this initiative,” said Scott Spata, Chief Supply Chain Officer at Discount Tire. “At Discount Tire, we are always looking for innovative ways to reduce our environmental footprint. By integrating GenFlat’s cost-effective and sustainable container solution, we are confident we will achieve unprecedented reductions in carbon emissions and capital investments.”
Discount Tire will begin utilizing GenFlat containers in the fourth week of November 2024.
About GenFlat
GenFlat is a leading innovator in container technology, specializing in collapsible containers designed to revolutionize shipping logistics. With a commitment to sustainability and efficiency, GenFlat aims to reshape the future of container shipping, providing state-of-the-art solutions that optimize space utilization, reduce transportation costs, and lower carbon emissions. GenFlat manufactures containers with CIMC in Dalian, China. For more information visit www.genflat.com.
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FAQ
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