FOR IMMEDIATE RELEASE

CHATTANOOGA, Tenn.—February 8, 2011 (James Street Media Services)—Team 3 Logistics, a Smart Logistics Solutions joint venture of Kenco Logistic Services LLC (KLS) and Schnellecke Logistics, has been awarded a contract to manage and operate the Maintenance Repair and Operations (MRO) storerooms for a new plant being built by Volkswagen Group of America, Inc. in Chattanooga.

“The Team 3 mission is to support the growing automotive manufacturing base in the Southeast, so we are pleased to have won this contract with one of the world’s leading manufacturers of passenger cars,” says Joe E. Taylor, vice president, sales, Team 3 Logistics.

Under its agreement with Volkswagen, Team 3 will manage the daily operating tools and supplies of the plant, which is designed to produce 150,000 cars annually. The new Volkswagen Passat, produced at Chattanooga, was developed specifically for the North American market, and Team 3 is a 100-percent-“local content”-supplier.

Services provided by Team 3 will include managing storerooms, receiving, and warehousing, as well as issuing assembly line repair parts, tools, and supplies in support of assembly plant operations. Since early 2010, Team 3 has been providing plant site logistics to Volkswagen as it ramped up its critical pre-series warehouse operations.

About Volkswagen Group of America, Inc. (www.vw.com)
Founded in 1955, Volkswagen Group of America, Inc. is headquartered in Herndon, Virginia. It is a subsidiary of Volkswagen AG, headquartered in Wolfsburg, Germany. Volkswagen is one of the world's largest producers of passenger cars and Europe's largest automaker. Volkswagen sells the Eos, Golf, New Beetle, New Beetle Convertible, GTI, Jetta, Jetta SportWagen, Passat, Passat Wagon, CC, Tiguan, Touareg and Routan through approximately 600 independent U.S. dealers. All 2010 Volkswagens come standard-equipped with Electronic Stabilization Program. This is important because the National Highway Traffic Safety Administration (NHTSA) has called ESC the most effective new vehicle safety technology since the safety belt. Visit Volkswagen of America online at www.vw.com or www.media.vw.com to learn more.

About Team 3 Logistics LLC (www.team3logistics.com)
Team 3 Logistics is a leading Smart Logistics Solutions firm and specializes in providing the automotive industry with warehousing, sequencing, transportation, packaging, kanban, complete knock down (CKD) and light assembly services. Team 3 was created by Schnellecke Logistics, in association with Kenco Logistic Services LLC (KLS). Since 1939, Schnellecke has been a global player in value-added logistics. KLS was founded in 1950 and is one of the most respected names in the third-party logistics arena.


For further information contact:
Bill Fahrenwald
James Street Associates
bfahrenwald@jamesstreetassoc.com
708-371-0110 Ext. 1-#