Dacotrans Sweden AB, the Swedish member of the FPS Group of independent freight forwarders and non-vessel operating common carriers, has merged with GH Transport AB and Key Logistics AB.
CBX Software, a provider of sourcing-management applications to the retail industry, has joined with SGS, the global inspection, testing and verification body, to provide an integrated sourcing, quality, compliance and supply-chain service.
Emerging markets have driven growth for many multinational corporations (MNCs) for years, and they will continue to do so. But these are turbulent times as commodity prices plunge, currencies are devalued, and equity markets gyrate. The profitability of many MNCs' operations is already under attack, and future performance will be challenged by slower macroeconomic growth, increasing costs, and heightened competition from local companies, which are rapidly gaining scale, experience, and capability. To reduce these pressures, companies will have to focus much more on improving their competitiveness through constant productivity gains.