All Central America articles – Page 26
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FeatureAuto help boosts Ceva to a solid first half
Ceva Logistics has reported €1 billion ($1.44 billion) in new business wins in its financial results for the first half of 2011 on its way to €3.4 billion in revenue (up 5.2%) and earnings before interest and tax at €152m, an increase of 29.9%. Automotive was described as an important ...
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FeatureExecutives on the move
Wallenius Wilhelmsen Logistics has announced two appointments to its global executive management team in the Americas. John Felitto has now taken on the role of president and CEO of WWL Vehicle Services Americas. Felitto, who joined the company more than 10 years ago, has been operating in this role as ...
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FeatureGefco ready to buy and expand
Gefco, the logistics division of the PSA Peugeot-Citroën Group, is pushing to expand and diversify its vehicle logistics operations and is targeting further acquisitions in European and global markets. The company, which has experienced record growth and profits this year, is aiming to reduce the proportion of PSA business in ...
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FeatureGroupe CAT on the prowl for assets and acquisitions
Groupe CAT, the France-based vehicle and cargo logistics provider, has revealed that it is tracking ahead of its expansion, diversification and asset purchase targets, and that it is also interested in acquiring other companies as it grows globally. Improvements in the company’s business model appear fortuitous particularly as it faces ...
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FeatureKorea could be next best option to Japan
Carmakers and tier suppliers looking to diversify their supply chain away from the high costs and on-going disruptions in Japan may find the next best option to be South Korea following the recent free trade agreement with Europe and one to follow with the US, according to analysis from Frost ...
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FeatureGefco to begin operations in Bulgaria
The logistics subsidiary of PSA Peugeot Citroën, Gefco, will begin automotive logistics operations in Bulgaria from this September and establish relations with current and prospective suppliers as well as small- and medium-size transport firms in the country. Gefco Bulgaria will be based in the capital Sophia and will be headed ...
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FeatureConcerns persist over EU trade deal with Korea
Last Friday saw the ratification of the of the much-disputed free trade agreement between the European Union (EU) and South Korea, described by the EU’s ambassador in Seoul, Tomasz Kozlowski, at the time as a “win-win” agreement and a model for other trade agreements that the EU is negotiating, including ...
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FeatureHeavy growth in Brazil
Marcopolo discovers new territoriesAgco harvests logistics savingsConstructive logisticsBrazil’s boom has been driving a wave of investment in the construction and farming industries, through to tourism and retail. Tony Danby looks at how economic growth, the upcoming World Cup and expanding agricultural markets are spurring heavy machinery sales and the challenges ...
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FeatureGeodis going further and deeper in automotive
Geodis Wilson is emerging as a major player on the global automotive logistics stage. Part of the Geodis Group, 100% owned by the French railways, SNCF, the company is expanding rapidly on every continent for automotive, from expansion of its airfreight facility in Atlanta to being a full 3PL to ...
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FeaturePSA makes first exports from China JV
PSA Peugeot-Citroën’s joint venture with Dongfeng Motor has shipped its first exports from China with the movement of Peugeot 408 models to Egypt. The move follows and agreement signed in September 2010 between the two companies establishing rights for PSA to use China produced vehicles for export to overseas markets. ...
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FeatureGlobal round up
Myla Motors will start production in Russia with lean logistics strategyThe Russian market will see the introduction of an entirely new car brand at the end of this year from a new plant opening in Tartarstan. Myla Motors, founded in 2005 by John Mylonas (pictured), a former General Motors executive, ...
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FeatureSsangyong targets China for exports
South Korean carmaker Ssangyong Motor has said it will begin exports to China again in August this year and has an annual target of between 30,000 and 50,000 vehicles by 2013. The company said it intends to become the number one imported brand in China’s SUV market and has signed ...
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FeatureGM shakes up logistics leadership
The beginning of June has seen some major shifts in logistics management at General Motors. Christine Krathwohl, who was until last week director of Global Purchasing and Corporate Administrative Services/Vehicle Sales, Service and Marketing (VSSM), has now replaced Dale Kitchen as executive director, Global Logistics & Containers. Krathwohl will report ...
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FeatureDHL targets inbound in China
Following news that DHL Supply Chain is helping Jaguar Land Rover in its export of knockdown (KD) kits from Halewood in the UK for assembly in India (read more here), the logistics provider has said it also hopes to support carmakers with similar activity in China. “This is the start ...
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FeatureExecutives on the move
As part of a wide-ranging shake up of management positions at Renault-Nissan, Christian Madrus has been appointed the new managing director at the Renault-Nissan Alliance, effective June 1st. Madrus, who has been managing director of Global Alliance Logistics since June 2009, replaces Mouna Sephehri, one of the founding members of ...
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FeatureBMS Logistica to handle VW Brazil exports
Volkswagen has signed a new three-year contract with BMS Logistica – the South American joint venture between German logistics providers BLG Logistics and Horst Mosolf – for the export of parts and CKD kits from three of the carmaker’s facilities in Brazil. The first part of the deal applies to ...
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FeatureLand Rover assembly begins in India
Tata has begun assembly of the Freelander 2 model at its Chikli factory near Pune, India from CKD kits shipped from the UK. The company is moving the kits from the Halewood facility near Liverpool where it has invested in a new CKD packaging facility dedicated to the India exports. ...
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FeatureGeely to double China exports
Zhejiang Geely Holding Group (Geely) is reported to be aiming at doubling its vehicle exports from China this year to between 40,000-50,000 units At a shareholder’s meeting held last week Geely Automobile Holdings Group’s CEO Gui Yuesheng, said the goal would boost total sales to 480,000 from last year’s figure ...
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FeatureBLG growth also means changes
German logistics provider BLG has reported growing volumes in its automotive processing with 5.4m vehicles handled in 2010 compared with 4.6m for the previous year. Taken along with its container and retail business segments, and cost reductions made across the company, BLG saw pre-tax earnings more than double to more ...
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FeatureSwedish truckmakers deliver in Q1
Sweden’s truckmakers Volvo Trucks and Scania have both showed significant increases in global deliveries in the first quarter of 2011, with each reporting strong demand from Europe and South America. Volvo Trucks reported an increase of 81% for total truck deliveries compared with the same Q1 period last year, while ...