Browsing: Logistics

FedEx is focusing on improving yields in the coming year after reporting $2bn operating income for the year to 31 May – up from $747m the year before despite a two per cent drop in sales to $34.7bn.

RS Components has appointed Parcelforce Worldwide as its UK domestic carrier, taking over from DHL Domestic which currently holds the contract on 19th July 2010.

Tea manufacturer Doğuş Çay has signed a one year deal with Ceva Logistics worth four million euros (£3.3 million) to manage its distribution throughout Turkey.

Moët Hennessy, the drinks division of the LVMH Moet Hennessy – Louis Vuitton Group, has signed a contract with Kuehne + Nagel to become its exclusive logistics provider for warehousing and distribution services in Spain.

Companies with best-in-class supply chains generally outperform their rival in terms of business and financial performance, according to a survey by Massachusetts Institute of Technology and TruEconomy Consulting