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J.H. Cohn LLP, an accounting and consulting firm headquartered in the U.S. Northeast, has formed a joint venture with New Jersey-based TOTALogistix Inc., a logistics management and consulting firm. The new entity, Cohn Logistics LLC, will work with J.H. Cohn's clients in the manufacturing, retail and distribution sectors to help reduce transportation and logistics expense. It will draw on the firms' experience in supply-chain management, transportation analysis, information management, and finance and accounting methods. The aim is to help clients create optimized distribution networks that reduce logistics costs, improve asset utilization, increase inventory turns and enhance customer service, according to Dom Esposito, chief operating officer of J.H. Cohn LLP. Cohn Logistics will renegotiate carrier agreements, identify inefficiencies, and audit and pay clients' freight bills.
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