Unfortunately for the harder-headed managers who prefer logistics to human development, none of the four operational practices showed a significant effect on company performance.

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Their efforts will benefit from both the financial support and expertise of the new owner, including supply-chain management, product development and logistics, says Mr. Babeau.

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Independent players active in the Bakken include Musket Corp, Lario Logistics and U.S. Development Group.

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But it wouldn't just be an airport - the ambitious plans for a Thames Hub would bring together rail, freight logistics, aviation, energy and its transmission, flood protection as well as regional development.

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For instance, Renault had done a good job on cutting vehicle development costs, but its operating margin was still subpar because it was uncompetitive in other areas, including logistics, distribution and marketing costs, Pelata said.

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