Gregory buys up Amesbury
1 October 2001 Gregory Distribution has acquired Amesbury Transport
Read MoreTag: Worldwide
KLM raises cargo rates
KLM Royal Dutch Airlines, ranked fourth amongst European airlines, has announced that its cargo rates are to increase by as much as 7% from the beginning of November. (10/1/2001)
Read MoreTrans-o-flex Profile
short write up on Trans-o-Flex, compiled Nov00 and revised Oct 2001
Read MoreTDG wins contract with DuPont
DuPont, US-based science corporation, has awarded a £1 million distribution contract to TDG, through the logistics operators Nylog joint venture with UBC.
Read MoreA drop in orders brings logistics to the surface
Automotive Logistics
The most recent sign of distress following the decline in demand for cars came from Ford, which posted a profit warning in mid-September. “This is definitely a tough year for the automotive industry, ” says Rosanne Esposito, senior VP of customs brokerage at Expeditors International.
The decline in business has prompted the automotive industry to intensify its quest to trim costs, and logistics expenditure has been a major target. “With the economy slowing down, there is a lot of focus on bringing down costs, ” says Don McKay of APL Logistics.
As car manufacturers try to slash their logistics expenses, air freight is a prime target, since it is typically about 10 times the price of ocean transportation. Doug Foster, VP of sales and marketing at Emery Worldwide, says there has been a steady downward trend in automotive air freight volumes since the middle of 2000.
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