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May 18, 2007

* India - Volvo Logistics ???

Volvo is getting into the same business as its customers. But it won’t be fighting for the same piece of the pie.

NewDelhi,India -The Economic Times, by G Ganapathy Subramaniam & Nandini Sen Gupta -May 17, 2007: -- The high-end truck and bus maker is entering the logistics business. It has recently applied to the government to include “logistics, freight forwarding and transport” — as well as allied areas like cargo handling and clearing, packing, warehousing and store keeping — in its roster of activities in India... The Swedish multinational, which has an assembly unit in Bangalore, already has a logistics business unit. When contacted, a company spokesman explained that the new business will not pit Volvo against its own customers. “This business unit intends to support only internal Volvo Group customers and some external customers connected to global sourcing of our components,” he said...

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