Damco to manage Michelin’s Vietnam imports
Damco said Tuesday it has won a contract to handle logistics and customs compliance in Vietnam for tire manufacturer Michelin.
The three-year contract will see Damco, the logistics and freight forwarding subsidiary of the A.P. Moller – Maersk Group, handle Michelin's exports from Thailand into Vietnam, inland transportation, cross-docking and distribution to customers in Vietnam.
Damco will also manage warehouse operations for Michelin in Hanoi and Ho Chi Minh City. The new setup will enable Michelin to distribute directly to nearly 100 dealers across the country, the company said.