Friday, 26 September 2008
European Development
One of YRC Logistics' key initiatives is to build more support for our clients in mainland Europe, as always, this is driven by our client needs.
To that note, I am very interested in speaking with highly talented professionals that have a deep knowledge in the German logistics market.
We can offer a really exciting future with a massive client base to develop in the region for the right person or team.
For more information please contact: uksales@yrclogistics.com.
To that note, I am very interested in speaking with highly talented professionals that have a deep knowledge in the German logistics market.
We can offer a really exciting future with a massive client base to develop in the region for the right person or team.
For more information please contact: uksales@yrclogistics.com.
Labels: Core Values, Email, Global Development Managers, Logistics, Recruitment, Sales, Service, Staff
Thursday, 25 September 2008
China Business Development Team
After a recent trip to our offices in China, Linda Yang and I are busy on our China Business Development plans. On that point, we are pleased to welcome Ellen Li to our team.
The basic objective for our China Business Development Team is to link our large organisation in Hong Kong and China with our European capabilities through a group of experts capable of understanding every specific need in this market.
More will follow on this as it develops.
The basic objective for our China Business Development Team is to link our large organisation in Hong Kong and China with our European capabilities through a group of experts capable of understanding every specific need in this market.
More will follow on this as it develops.
Labels: China, Communication, Freight, Global Development Managers, Logistics, Staff
Friday, 5 September 2008
China acquisition completed
We have now closed on the acquisition of Jiayu, the third largest ground transportation provider in China.
We believe ground transportation is one of the critical elements in the supply chain, and in China it’s a major pain point for many of the clients of YRC Worldwide.
When you consider three years ago we were just getting started in China, to now we have made great progress and it is interesting to view some of the key points.
We have over 250 offices throughout China with approximately 4000 employees. Our revenues on a run rate basis when you include Jiayu will be between $350 to $400 million on an annualized basis. Lastly, from a profitability basis, although many companies told us early on that we would lose money for 3 to 5 years, this has not been the case. In fact, our Joint Venture with JHJ continues to show significant improvement and in July alone they more than doubled their profits compared to July of last year. We’ve always been profitable, every quarter and we have a massive amount of talent on the ground in China.
All of these developments mean we can offer our clients more value in this key market which is great postition to be in.
My blog updates may be a bit limited over the next 2 weeks as I am in China viewing some of these exciting developments.
We believe ground transportation is one of the critical elements in the supply chain, and in China it’s a major pain point for many of the clients of YRC Worldwide.
When you consider three years ago we were just getting started in China, to now we have made great progress and it is interesting to view some of the key points.
We have over 250 offices throughout China with approximately 4000 employees. Our revenues on a run rate basis when you include Jiayu will be between $350 to $400 million on an annualized basis. Lastly, from a profitability basis, although many companies told us early on that we would lose money for 3 to 5 years, this has not been the case. In fact, our Joint Venture with JHJ continues to show significant improvement and in July alone they more than doubled their profits compared to July of last year. We’ve always been profitable, every quarter and we have a massive amount of talent on the ground in China.
All of these developments mean we can offer our clients more value in this key market which is great postition to be in.
My blog updates may be a bit limited over the next 2 weeks as I am in China viewing some of these exciting developments.
Labels: China, JHJ, Logistics, transportation
Tuesday, 22 July 2008
Global Trade Management
YRCL EU designed a Global Trade Management (GTM) concept in 2006 with the aim to help clients improve their fiscal and physical supply chain. The idea was great as it talked about reaching all levels of clients not just the largest who can invest in expensive systems or resources to help with change. Unfortunately the delivery did not match the theory. Shame on us but it is better to realise this and correct than continue on the same path.
At the same time GTM was launched in the USA by Mr Paul Fitzpatrick. Paul has forgotten more about logistics, or you want to call it, than I will ever know (if you read this Paul I mean no reference to age I promise) and with his team he has found many areas to increase clients profits. Some of it by looking around corners to pre-empt new quota restrictions or duty rates being planned for 3 months time. Some of it by moving a process to origin to reduce expensive destination warehousing. Clients who have entered into a partnership plan with the GTM process have greatly benefited and I want to make sure we provide this in Europe. Getting the right staff to lead this will be key and I believe we now have those staff positioned. More information will be shared through publications and our sales teams in the near future.
At the same time GTM was launched in the USA by Mr Paul Fitzpatrick. Paul has forgotten more about logistics, or you want to call it, than I will ever know (if you read this Paul I mean no reference to age I promise) and with his team he has found many areas to increase clients profits. Some of it by looking around corners to pre-empt new quota restrictions or duty rates being planned for 3 months time. Some of it by moving a process to origin to reduce expensive destination warehousing. Clients who have entered into a partnership plan with the GTM process have greatly benefited and I want to make sure we provide this in Europe. Getting the right staff to lead this will be key and I believe we now have those staff positioned. More information will be shared through publications and our sales teams in the near future.
Labels: Consultancy, Global Trade Management, Logistics
Tuesday, 6 May 2008
My First Post!
Hello and welcome to my first ever post on my new blog, before we created this blog we completed some market research and we could not find one blog created by our competitors, so without meaning to sound presumptuous, I might be the first MD from a freight company to have a blog! But if there are any blogs being written by our competitors, I would be very interested in learning what the links are so that I can read them.
I hope this blog will allow us to communicate effectively with our prospective and existing clients and that they will feel engaged in the conversation as well as learn more about YRC Logistics. I also think that the most valuable benefit this blog will give me is that it will allow you to provide me with feedback and ideas on how we can serve you better.So with that said, that leaves me with one last thing to ask.... What do YOU want to hear about from a managing director of a freight forwarding company and how would you like to benefit by reading the blog?I will be on a trip over the bank holiday weekend and I hope that there will be lots of feedback as I am looking forward to reading them on my return.
I hope this blog will allow us to communicate effectively with our prospective and existing clients and that they will feel engaged in the conversation as well as learn more about YRC Logistics. I also think that the most valuable benefit this blog will give me is that it will allow you to provide me with feedback and ideas on how we can serve you better.So with that said, that leaves me with one last thing to ask.... What do YOU want to hear about from a managing director of a freight forwarding company and how would you like to benefit by reading the blog?I will be on a trip over the bank holiday weekend and I hope that there will be lots of feedback as I am looking forward to reading them on my return.
Labels: Feedback, Freight, Logistics
Subscribe to Posts [Atom]
