Keuhne + Nagel expands operations in Cambodia
With the opening of a new Container Freight Station in Cambodia, Kuehne + Nagel has extended its network in the South Asia-Pacific region. As the second largest facility in the capital city Phnom Penh’s special economic zone it offers a RF scanning ability, a service only two facilities in Cambodia can currently provide.
Gino Marzola, Managing Director of Kuehne + Nagel for Thailand, Cambodia and Myanmar, said: “Kuehne + Nagel started operations in Cambodia in 1999 and the new premises underline our commitment to expand our logistics infrastructure in this strategic market.
“We can now support our existing and future customers even better to optimise their supply chains.”
Over the last couple of years, the Cambodian economy has seen various international companies moving their manufacturing to the country, especially in the garment industry. Alongside the economic development the demand for high quality infrastructure is steadily increasing and therefore Kuehne + Nagel decided to extend its operations in the Kingdom of Cambodia with a new Container Freight Station.
The state-of-the-art facility is strategically located on National Road 4 with close proximity to most major manufacturers, the Phnom Penh international airport as well as the port. It offers a space of 3,000 square meters with four loading and receiving bays, a drive-in pallet rack system and CCTV Cameras. The offered key services include inventory management, order processing, bar coding, vendor and carrier management combined with value added services such as cross border and inland trucking.
With approximately 63,000 employees at more than 1000 locations in over 100 countries, the Kuehne + Nagel Group is one of the few international logistics providers in Cambodia.
Further information can be found at www.kuehne-nagel.com
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