PARAMUS — U.S. Secretary of Commerce Wilbur Ross today presented Worldwide Logistics Ltd with the President’s “E” Award for Export Service at a ceremony in Washington, D.C., May 22. The President’s “E” Award is the highest recognition any U.S. entity can receive for making a significant contribution to the expansion of U.S. exports.
Richard Lazaroff, Chief Operating Officer, and Michel Wouters, Sales Executive, from Worldwide Logistics accepted the award on the company’s behalf.“Worldwide Logistics Ltd was the only logistics provider to receive the award this year. It was quite a day and honor for our company,” said Mr. Lazaroff. “Every day we see the growth of our clients’ businesses, due in large part to exporting. This growth has enabled our clients to add jobs and support their local communities as they expand their bottom line.”
In total, Secretary Ross honored 32 U.S. companies and organizations from across the country with the President’s “E” Award for their role in strengthening the U.S. economy by sharing American ingenuity outside of our borders.
U.S. companies are nominated for the “E” Awards through the U.S. Commercial Service, part of the Department’s International Trade Administration. With offices across the United States and in embassies and consulates around the world, The International Trade Administration lends its expertise at every stage of the exporting process by promoting and facilitating exports and investment into the United States; administering Anti-Dumping and Countervailing Duties orders; and removing, reducing, or preventing foreign trade barriers.
U.S. exports totaled $2.21 trillion in 2016, accounting for nearly 12 percent of U.S. gross domestic product. Exports supported an estimated 11.5 million jobs nationwide in 2015, according to the most recent statistics from the International Trade Administration.