Penske Logistics reports winning a multiyear logistics contract with Key Safety Systems, which designs and manufactures safety-critical components and systems, including airbags, seatbelts and steering wheels.
"Our decision to outsource to Penske was driven by the increasing complexity in coordinating shipments from numerous suppliers in the Asia-Pacific region," says Steve DuBuc, senior vice president of global purchasing for Key Safety Systems. "We chose Penske because of its expertise in international freight movement, automotive industry leadership and its growing presence in China."
Under the agreement, Penske will provide KSS with a customized logistics solution that includes supplier compliance, logistics management, logistics sourcing and administration, and shipment consolidation management. In addition, Penske will use its technology systems to provide KSS with improved visibility into freight moving from Asia to numerous automotive manufacturing locations throughout the United States. Shipments will be handled via air, sea and road.
KSS products are used in more than 300 vehicle models produced by over 60 automobile manufacturers worldwide.
Enjoy curated articles directly to your inbox.