Damco to provide logistics for Michelin in Vietnam

DAMCO, a provider of freight forwarding and supply chain management services and an independent business activity within the AP Moller-Maersk Group, has been appointed by Michelin to be the French tyre maker's logistics and customs clearance provider in Vietnam.

Under the terms of the three-year contract, Damco will be required to handle Michelin's exports from Thailand into Vietnam, inland transportation, cross-docking and distribution to customers across Vietnam.

Damco will also manage warehouse operations for Michelin in Hanoi and Ho Chi Minh City, where Damco's warehouse is equipped with RF guns and EDI direct interface, a company statement said.

The new logistics set up is expected to enable Michelin to distribute directly to almost 100 dealers in Vietnam.

"We worked hard to understand Michelin's needs and ensure we do everything we can to meet its requirements," said Narin Phol, country manager for Damco in Vietnam and Cambodia.

(Source: www.schednet.com)