press release -
International Housewares Association

FOR IMMEDIATE RELEASE:
Contact: Deborah A.Teschke
Senior Manager, Public Relations & Communications
Email Debbie Teschke
847-692-0110


International Housewares Shippers Association Issues Refund To Members


ROSEMONT, IL (March 23, 2016) - The International Housewares Shippers Association (IHSA) issued a refund to participants for 2015 totaling $186,139. The refund, which has become a staple of IHSA, is awarded by the IHSA Board of Directors at the conclusion of the association's fiscal year. Each participant's share depends on their level of participation and is based on every 40-foot equivalent unit (FEU) shipped.

IHSA is a not-for-profit association that was formed to benefit International Housewares Association member companies by leveraging its members' volume.  IHSA negotiates freight contracts and partners with other logistics providers to lower supply chain costs. 

For 2015, the refund per FEU was $62.60 with individual member refund checks ranging from a few hundred dollars to more than $53,000. This refund is a significant increase over 2014, when $53.11 was refunded for every 40-FEU shipped.

IHSA is comprised of logistics executives who work closely with the association's management team to obtain competitive pricing, rate stability and reputable service levels. IHSA has direct contracts with major steamship lines servicing the East-West trades. The association also partners with Laufer Group International to provide members with full container load options outside the direct carrier contract program while still remaining under the IHSA umbrella.

Membership in IHSA is free for regular members of IHA. For more information, contract Greg Marti at 513.489.4743 x 171 or gmarti@shipperassociation.org. Or learn more on IHA's website at http://www.housewares.org/members/freight

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The International Housewares Association is the 78-year-old voice of the housewares industry, which accounted for (US)$331.1 billion at retail worldwide in 2014 ($75.1 billion at retail in the U.S.). The not-for-profit, full-service association sponsors the world's premier exposition of products for the home, the International Home + Housewares Show, and offers its 1,700 member companies a wide range of services, including industry and government advocacy, export assistance, State-of-the-Industry reports, point-of-sale and consumer panel data through Housewares MarketWatch, executive management peer groups, a unique Web-based community at www.housewares.org and group buying discounts on business solutions services.