Transportation equipment industry
Vastera, a leading provider of solutions for global trade management, has announced a significant merger with Ford Motor Company's U.S. Customs Operations. The partnership, which includes a 10-year agreement, enables Vastera to provide Ford with global trade managed services, including managing import and export trade processes in
Transportation equipment industry
eRoom Technology, a leading provider of digital workplaces for the extended enterprise, has announced the closure of a $21 million round of financing. The proceeds from this financing will enable eRoom Technology to continue investing in sales, marketing, and development efforts, capitalizing on the growing demand for its eRoom digital
Transportation equipment industry
Tom Mattia, a seasoned professional with over 30 years of experience, has been appointed as the leader of EDS' Global Communications organization, effective July 27. Mattia replaces John Lacopo, who retired earlier this month. Mattia's unique blend of international business experience, public service, journalism, and public relations
Transportation equipment industry
Ford Motor Company has announced its financial results for the second quarter of 2000, revealing a 17th consecutive quarter of improved operating earnings. The company posted a record $2.7 billion in operating profits, a 10% increase from the same period in 1999. Revenues reached a new high of $44.
Transportation equipment industry
Ford Motor Company is set to incur one-time charges of approximately $5.3 billion in the second quarter of 2000, primarily due to the distribution of Visteon Corporation's 100 percent interest to Ford shareholders and extensive business reviews in Europe. The charges reflect the company's efforts
Transportation equipment industry
As the global auto industry undergoes its most significant consolidation since the 1920s, a widening strategic gap appears to be emerging between two of the world's largest carmakers: Ford Motor Company and General Motors. While GM pursues a network of international partners, Ford has opted for outright acquisitions
Transportation equipment industry
Major automotive industry players are investing in advanced manufacturing processes and sustainable practices. In this article, we highlight significant developments from various sources, including new production lines, environmental initiatives, and benchmarking exercises. Key Takeaways: * In Saltillo, Mexico, Grob Werke is integrating the entire machining process for DaimlerChrysler's new
Transportation equipment industry
US auto sales slowed in June, defying expectations of a 1.4% decline. Instead, industrywide sales rose 0.2% to 1.61 million cars and light trucks, according to the Autodata Corporation. Monthly records by Toyota Motor, Honda Motor, and gains from other overseas makers, including Volkswagen, helped surprise analysts.
Transportation equipment industry
The 2000 Pepsi 400, a NASCAR Cup Series race, took place at Daytona International Speedway on July 23, 2000. Jeff Burton secured the first-place finish, earning $152,450. The event was marked by a thrilling competition, with several notable drivers and statistics. Key Takeaways: * Jeff Burton secured the top spot,
Transportation equipment industry
The shift in South Korea's automotive industry marks a remarkable reversal for foreign carmakers, which had seen their involvement decline in recent years. DaimlerChrysler's recent purchase of a 10% stake in Hyundai Motor for $428 million may be the first step in becoming the largest shareholder
Transportation equipment industry
Ford executives, led by department manager Ed Kemmerling, recently visited Federal-Mogul Corporation's Greenville, Michigan, Powertrain Plant to benchmark constraint management practices and learn from the facility's expertise in lean manufacturing. The visit was part of Ford's five-day Production Systems Boot Camp program, which aims
Transportation equipment industry
Jeremy Mayfield's momentum paid off on the final lap, as he passed Dale Earnhardt to take the win in the Pocono 500. Mayfield's Ford Taurus crossed the finish line 0.581 seconds ahead of Dale Jarrett's Ford, marking his second victory of the season
