Dana Corporation Selects Kuehne & Nagel as Primary Global Airfreight Forwarder.Business Editors JERSEY CITY, N.J.--(BUSINESS WIRE)--April 22, 2003 Kuehne & Nagel announced today that it has been selected by Dana Corporation (NYSE NYSE See: New York Stock Exchange : DCN DCN Document Control Number DCN DLA (Defense Logistics Agency) Corporate Network DCN Disconnect DCN Direction des Constructions Navales (France) DCN Declaration Control Number DCN Data Communication Network ) as a primary airfreight air·freight n. 1. A system of transporting freight by air. 2. The amount charged for transporting freight by air. air forwarder Forwarder Acts as a travel agent for cargo. A forwarder specializes in arranging the transport and completing required shipping documentation. Some are affiliated with NVOCC services. In the United States they are licensed by the Federal Maritime Commission. globally. Dana is a worldwide leader in designing, engineering and manufacturing value-added products and systems for automotive, commercial and off-highway vehicle manufacturers and related aftermarkets. Jennie Gnagy, Director of International Operations for Dana Global Logistics, said, "After an intense RFQ RFQ Request For Quote RFQ Request For Quotation RFQ Request for Qualifications (part of a potential client's preliminary selection process) RFQ Radio Frequency Quadrupole (accelerator technology) process, Dana chose Kuehne & Nagel based on its experience in the automotive industry, information technology solutions, and ability to meet our cost-containment and service objectives." John Lacny, Director of Automotive Logistics for Kuehne & Nagel USA, said, "This is an excellent opportunity for Kuehne & Nagel to leverage its full range of services to aid Dana, a leading first-tier automotive supplier, in integrating and streamlining its global supply." Kuehne & Nagel, a market leader in integrated logistics, offers a wide range of services to the automotive Industry, including transportation, contract logistics and vendor-managed inventory (VMI VMI Virginia Military Institute VMI Vendor Managed Inventory VMI Vertical Motion Index VMI Valtakunnan Metsien Inventointi (Finnish: National Forest Inventory) VMI Video Module Interface ) solutions. Dana employs more than 60,000 people worldwide. Founded in 1904 and based in Toledo, Ohio, it operates hundreds of technology, manufacturing and customer-service facilities in 30 countries. The company reported 2002 sales of $9.5 billion. About Kuehne & Nagel With 17,500 employees at 600 locations in 94 countries, the Kuehne & Nagel Group is one of the world's leading logistics companies. Its strong market position lies in the ocean-, airfreight and contract logistics businesses, with a clear focus on providing IT-based Supply Chain Management Services. The KN USA organization employs approximately 1,100 people (including associated companies) in 43 locations. |
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