Fleet logistics enters Latin and Central American market
The company will manage a gleet of...
Fleet Logistics has officially entered the Latin and Central America market with Syngenta, the global agri business.
The company will manage a gleet of close to 1,600 vehicles in eight countries across the region.
In an announcement made this week, Fleet will manage a fleet of 800 Syngenta cars in Brazil, directly from a hub in Sao Paulo and allowing access to the same portfolio of fleet management services that it offers throughout Europe.
Fleet will also oversee the management of an additional 800 Syngenta vehicles in a further seven countries – Argentina, Chile, Uruguay, Paraguay, Panama, Guatemala and Mexico.
- Founded in 1996, Fleet Logistics are pioneers in the international management industry
- Fleet is a subsidiary of TUV SUD, one of the worlds leading players in mobility, industry and certification services.
- Fleet Logistics manages fleets in 28 countries across Europe
- The company has over 180,000 vehicles under contract across those 28 countries
- Fleet calculates that the company has generated in excess of €700 million in cost savings for its clients
- Fleet Logistics currently manages the Syngenta fleet in Europe with 2,400 vehicles in 20 markets at the moment and with the target to expand to 3,600 vehicles by the end of 2016 with a full coverage of the EAME region.
- Fleet also manages the Syngenta fleet of 1,700 vehicles in 12 countries in the Asia-Pacific region, which was established in Singapore in 2015
- The company as a fleet solutions integrator, is to help large fleet operators reduce and control their total cost of ownership, while delivering a best practice driver experience
- Syngenta provides products and solutions to help farmers achieve global food security
- The company prides itself on its cooperation with industry partners, governments and NGOs to support the achievement of the United Nations’ Sustainable Development Goals (SDGs)
- Syngenta, through R&D, spends around US$1.4bn in developing new products and bringing them to market
- Syngenta is partnered with over 500 R&D departments in universities, research institutes and commercial organisations
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Elon Musk's Boring Co. planning wider tunnels for freight
Elon Musk’s drilling outfit The Boring Company could be shifting its focus towards subterranean freight and logistics solutions, according to reports.
A Boring Co. pitch deck seen and shared by Bloomberg depicts plans to construct wider tunnels designed to accommodate shipping containers.
Founded by Tesla CEO Musk in 2016, the company initially stated its mission was to offer safer, faster point-to-point transport for people, particularly in cities plagued by traffic congestion. It also planned longer tunnels to ferry passengers between popular destinations across the US.
The Boring Co. completed its first commercial project earlier this year in April. The 1.7m tunnel system is designed to move professionals between convention centres in Las Vegas using Tesla EVs. It says the Las Vegas Convention Centre Loop can cut travel time between venues from 45 minutes to just two.
Boring Co.'s new freight tunnels
The Boring Co.'s new tunnel designs would allow freight to be transported on purpose built platforms, labelled as “battery-powered freight carriers”. The document shows that, though the containers could technically fit within its current 12-foot tunnels, wider tunnels would be more efficient. Designs for a new tunnel, 21 feet in diameter, show that they can comfortably accommodate two containers side-by-side, with a one-foot gap between them.
The Boring Co.’s new drilling machine, dubbed Prufrock, can tunnel at a rate of one mile per week, which is six times faster than its previous machine, and is designed to ‘porpoise’ - mimicking the marine animal by ‘diving’ below ground and reemerging once the tunnel is complete.
Tesla’s supply chain woes
Tesla is facing its own supply chain and logistic issues. The EV manufacturer has raised the price of its vehicles, with CEO Musk confirming the incremental hike was a result of “major supply chain pressure”. Musk replied to a disgruntled Twitter user, confused as to why prices were rising while features were being removed from the cars, saying the “raw materials especially” were a big issue.
Car manufacturing continues to be one of the industries hit hardest by a global shortage in semiconductor chips. While China’s chip manufacturing levels hit an all-time high in May, and the US is proposing a 25% tax credit for chip manufacturers, demand still outstrips supply. Automakers including Volkswagen and Audi have again said they expect reduced vehicle output in the next quarter due to a lack of semiconductors, with more factory downtime likely.
Top Image credit: The Boring Company / @boringcompany