Companies argon relying on a number of strategies to help retool their logistics systems and strategies. Shipping firm YRC Logistics, set up of Yellow and Roadway, is a U.S. hauling giant. Recently, the firm paid $44.7 cardinal to gain a controlling interest in China's fourth-largest trucking firm, "Shanghai Jiayu Logistics Company" (Hannon, 2008, p. 1). YRC plans to acquire the rest of the firm by 2010. With 30,000 customers, 1,800 employees, 200 locations in China, and a network of more than 3,000 vehicles, YRC believes Jiayu go out enhance its susceptibility to serve the fatalitys of local Chinese customers as well as large multinational companies that need shipping in China (Hannon, 2008). In emerging markets such(prenominal) logistics strategies are common.
A number of trends have affected logistics systems and lo
Due to increased trade agreements and freer carry of trade across borders, logistics systems essential be orbiculate and must be designed to meet the need for fast, quality, on-time products.
As Jean-Francois Arvis (2007) of the beingness Bank argues, "Success in integrating global supply chains starts with the ability of firms to move goods across borders rapidly, reliably, and cheaply" (p. 1). From usage procedures and infrastructure quality in emerging markets to the ability to encompass and trace shipments and provide timely delivery around the world, logistics systems are being revamped to deal with the challenges of the global economy.
gistics management that are connect to globalization. Other than the explosion of global trade and the transition to post-industrial societies, logistics are also being affected by other global trends. One of these is the rapid pace of production due to technology. The ability to get to market first is critical in the global economy. Another trend is increasing environmental consciousness. As peerless logistics manager maintains, "People now ask: '
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