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Advance Auto Parts said on Thursday it would sell its Worldpac unit for $1.5 billion as part of its latest attempt at streamlining operations, but cut its annual results forecast, sending its ...
As of December 2023, Advance operated 4,935 stores and 321 Worldpac branches in the United States and Canada. The company also serves 1,245 independently owned Carquest -branded stores in the U.S., Mexico , The Cayman Islands , Turks and Caicos , and British Virgin Islands .
WORLDPAC, which specializes in providing hard to find aftermarket parts for imported vehicles, was acquired by Carquest in 2004 [7] and by Advance Auto Parts on January 2, 2014 when General Parts International was merged into Advance. Advance Auto Parts announced in November 2023 it would seek the sale of its WorldPac and Carquest Canada divisions.
Logistics companies can benefit twofold from such an alliance. On the one hand, they can "access tangible resources which are directly exploitable". This includes extending common transportation networks, their warehouse infrastructure and the ability to provide more complex service packages by combining resources.
Order processing is the process or work-flow associated with the picking, packing, and delivery of the packed items to a shipping carrier and is a key element of order fulfillment. Order processing operations or facilities are commonly called “ distribution centers ” or “DC 's”.
A truck driver driving a semi-truck in the Netherlands. A truck driver (commonly referred to as a trucker, teamster or driver in the United States and Canada; a truckie in Australia and New Zealand; [1] an HGV driver in the United Kingdom, Ireland and the European Union, a lorry driver, or driver in the United Kingdom, Ireland, India, Nepal, Pakistan, Malaysia and Singapore) is a person who ...