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  • Article 50 triggers worry over UK automotive supply chain

    March 29, 2017

    As the UK officially kicked off the two-year process of leaving the European Union today (March 29th), a number of trade bodies, manufacturers and analysts have again issued warnings about the risks that would face the British and European automotive supply chains, should the UK leave without securing full access to the European single market …

  • Honda invests a further $85m in Alabama assembly plant

    March 29, 2017

    Honda has announced plans to invest $85m in its Lincoln plant in Alabama, including an expansion at the south end of Line 1 of the vehicle assembly operation there. The company said the investment was the first part of a multi-phase project to “improve vehicle manufacturing flexibility, strengthen the logistics efficiency for future models and …

  • Grupo Mexico buys Florida railway company for $2.1 billion

    March 29, 2017

    Grupo Mexico has agreed to acquire US-based Florida East Coast Railway (FEC) for $2.1 billion. The diversified group, which already controls a large part of Mexico’s railway system, will use cash and debt to buy FEC from subsidiaries of the Fortress Investment Group. FEC owns 565km of railways along the coast of East Florida and …

  • Neptune Lines adds service between Europe, UK and Ireland following Renault contract

    March 29, 2017

    Short-sea operator, Neptune Lines, is adding a new ro-ro service between northern Spain, France, the UK and Ireland following a contract with Renault. The company is dedicating two vessels to a direct, weekly service that it said would also serve all major customers in the region, covering vehicles, high and heavy cargo and special loads. …

  • BMW to develop new $31m distribution centre in South Africa

    March 29, 2017

    German carmaker, BMW has announced a R400m ($31m) investment in a South Africa regional distribution centre, about 55km from its Rosslyn plant near Pretoria. Local company, Attacq will be developing the 32,000sq.m distribution centre at the Waterfall mixed-use development in Midrand. Distribution is expected to start by mid-2018, for an initial 10-year lease period. Tim …

  • Ekol Logistics enters Slovenia

    March 29, 2017

    Turkish transport and logistics provider Ekol Logistics has officially entered its 15th country with the establishment of a local branch in Slovenia. “Ekol Slovenia will provide services of international and domestic FTL [full truckload] and groupage transport,” said Miha Ulcar, manager of the Slovenian branch. The company, which will be operational within a couple of …

  • Ewals renews contract with Goodyear for pan-European tyre supply

    March 29, 2017

    European intermodal logistics provider, Ewals Cargo Care, has renewed its contract with Goodyear to supply tyres for up to 3,000 trailers and 550 tractors in its fleet, as well as a full range of truck tyre support services. The latest contract extends the relationship between the two companies to more than 20 years. Ewals runs its …

  • Eddie Stobart estimates £550m-plus value post IPO

    March 29, 2017

    UK transport and logistics provider, Eddie Stobart, has announced its intention to raise £130m ($163m) and list on the London Stock Exchange’s AIM market, which supports smaller growing companies. The company is targeting a market capitalisation on admission in excess of £550m. CEO Alex Laffey said: “Eddie Stobart is widely recognised as a leading supply chain solutions …

  • Mexico’s Giant Motors to build and export Chinese SUVs beyond Nafta

    March 29, 2017

    Giant Motors, a manufacturer of Chinese commercial vehicles in Mexico, is set to launch two new SUV models in a joint venture with China’s Anhui Jianghuai Automobile (JAC Motors) to serve Latin American markets. It will be the first Chinese-brand passenger vehicle built in Mexico for the local market and for export. Giant Motors is …

  • Steimler replaces Nakai as head of NYK Group Europe

    March 29, 2017

    Global transport and logistics provider, NYK Group, has appointed Svein Steimler (pictured) as president and CEO of its European business. He succeeds Takuji Nakai, who is returning to NYK in Tokyo as a corporate officer on the board and taking on the role of an adviser for the container division and president of NYK Container …