• DATVF.ATLPHL
    1.751
    -0.063
    -3.5%
  • DATVF.CHIATL
    2.041
    0.007
    0.3%
  • DATVF.DALLAX
    0.928
    0.007
    0.8%
  • DATVF.LAXDAL
    1.459
    -0.043
    -2.9%
  • DATVF.SEALAX
    0.984
    0.022
    2.3%
  • DATVF.PHLCHI
    1.110
    0.019
    1.7%
  • DATVF.LAXSEA
    2.155
    0.009
    0.4%
  • DATVF.VEU
    1.634
    -0.013
    -0.8%
  • DATVF.VNU
    1.466
    -0.005
    -0.3%
  • DATVF.VSU
    1.194
    -0.017
    -1.4%
  • DATVF.VWU
    1.569
    0.015
    1%
  • ITVI.USA
    9,394.010
    -295.340
    -3%
  • OTRI.USA
    7.540
    -0.110
    -1.4%
  • OTVI.USA
    9,375.560
    -302.450
    -3.1%
  • TLT.USA
    2.730
    0.000
    0%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
  • DATVF.ATLPHL
    1.751
    -0.063
    -3.5%
  • DATVF.CHIATL
    2.041
    0.007
    0.3%
  • DATVF.DALLAX
    0.928
    0.007
    0.8%
  • DATVF.LAXDAL
    1.459
    -0.043
    -2.9%
  • DATVF.SEALAX
    0.984
    0.022
    2.3%
  • DATVF.PHLCHI
    1.110
    0.019
    1.7%
  • DATVF.LAXSEA
    2.155
    0.009
    0.4%
  • DATVF.VEU
    1.634
    -0.013
    -0.8%
  • DATVF.VNU
    1.466
    -0.005
    -0.3%
  • DATVF.VSU
    1.194
    -0.017
    -1.4%
  • DATVF.VWU
    1.569
    0.015
    1%
  • ITVI.USA
    9,394.010
    -295.340
    -3%
  • OTRI.USA
    7.540
    -0.110
    -1.4%
  • OTVI.USA
    9,375.560
    -302.450
    -3.1%
  • TLT.USA
    2.730
    0.000
    0%
  • WAIT.USA
    156.000
    -2.000
    -1.3%
American Shipper

P&O NEDLLOYD GIVES AUTONOMY TO LOGISTICS ARM

P&O NEDLLOYD GIVES AUTONOMY TO LOGISTICS ARM

   P&O Nedlloyd Container Line is moving its value-added services activities to a newly separate logistics division named P&O Nedlloyd Logistics, effective July 1.

   Previously, logistics was provided by P&O Nedlloyd staff who had either dual liner shipping/logistics responsibilities, or dedicated logistics responsibilities. The policy of the Anglo-Dutch shipping group was to provide logistics activities as an adjunct to liner shipping.

   Contracts with customers will now be signed by P&O Nedlloyd Logistics, a company that will have its headquarters in London. In some cases, affiliated companies will sign the contracts.

   “It is a clear distinction between logistics and shipping for our customers,” said Johan Nanninga, managing director of P&O Nedlloyd Logistics. Nanninga said that P&O Nedlloyd has experienced double-digit annual growth within its logistics business since 1999.

   The logistics division will have its own profit center, and a worldwide staff of 480 in some 390 offices. P&O Nedlloyd Logistics currently has annual revenues of over $200 million.

   P&O Nedlloyd Logistics will provide services to existing customers of P&O Nedlloyd, the company said. However, it said that P&O Nedlloyd Logistics will be a neutral fourth-party logistics provider that manages many subcontractors. Customers will also often use other shipping lines in addition to P&O Nedlloyd Container Line, Nanninga said. In many cases, customers negotiate freight rates with ocean carriers without the involvement of P&O Nedlloyd’s logistics business, he added.

   P&O Nedlloyd Logistics will focus on three industry sectors — retail, industrial/chemical, and fast-moving consumer goods — and serve companies that have maritime-intensive supply chains.

   The separate structure organization for logistics at P&O Nedlloyd will bring it closer to those of APL Liner/APL Logistics, Maersk Sealand/Maersk Logistics and other international container shipping-oriented groups.

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