All Central America articles – Page 27
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Grimaldi on pace to double profit
Despite rising oil prices, unrest in North Africa and the Middle East, and economic instability in several major European markets, the Naples-based shipping company Grimaldi Group has seen a remarkable growth in profits during the first months of 2011, led in particular by its three Italian-incorporated companies, according to Emanuele ...
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China to boost vehicle exports
China is targeting an increase in vehicle exports over the next five years as it enters its 12th Five Year Plan period, with carmakers targeting both developing markets and more mature sectors such as the US. Building on developments in the last phase, which ran from 2006 and saw significant ...
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Gefco widens reach with Mercurio stake
Peugeot-Citroën’s logistics arm Gefco is acquiring a controlling 70% share in Italian transport and distribution company Gruppo Mercurio following an agreement signed with Venice European Investments (VEI), the investment fund controlled by holding company Palladio Finanziaria. The figure of the transaction has not been released, though Palladio is reported to ...
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Executives on the move
As part of a number of management changes taking place at Hoëgh Autoliners over the next few months, as of April, Ingar Skiaker has been appointed chief operating officer, based in Oslo, Norway while Steinar Løvdal is the new president of Höegh Autoliners Inc. based in Jericho, New York. Ingar ...
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Flexible dispatch from America
Towards more flexible wagonsThumbs up for TTXTowards greater co-loadingHow to boost East Coast port traffic?Further market potentialTransit damage still an issueThe US rail network has a high market share for moving vehicles and may still have excess wagons in storage, but the future balance between bi-levels and tri-levels is causing ...
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Argentine car production accellerates
The Brazil effectGlobal giants investCapacity is getting tightArgentina’s auto sector has been stuttering for the last few years in the wake of the financial crisis. But last year car sales reached a new recor,d based on heightened demand at home as well as strong demand abroad, particularly from Brazil, writes ...
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TMS takes hold
Considering how long TMS has been around for, there has been poor uptake in automotive. But that is changing, and now it is being applied to both in- and outbound movements with obvious successTMS uptake is rareCutthroat conditions nurture TMS uptakeThe business case for inboundThe real benefit of TMSQuality or ...
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Balancing act for high and heavy
Construction back on track?Are the LSPs ready?Coping with growthFreight rates climbProductions shifts to follow salesEnvironment legislation kicks inThe high and heavy industry is recovering, but the growth is now in emerging economies and the logistics sector needs to invest or shift capacity to service the demanding new markets, writes Andrew ...
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Turning the tide at Toyota
Doing it in-houseThe US distribution networkImproving ETA accuracyKeeping an eye on capacityFuture projectsTurning to growth againChristopher Ludwig meets Nancy Davies and discovers someobe unfazed by the challenges the last few years have thrown at Toyota’s finished vehicle distribution in the US, and who has big plans for streamlining the company’s ...
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Logistics in the (i)fast lane
Paola Petrone is revolutionising Fiat’s supply chain management with state of the art IT and the development of an in-house freight forwarder to pull together flows across the group to improve efficiency and reduce emissionsPaola Petrone was appointed senior vice president of Supply Chain Management at Fiat Group Automobiles less ...
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In Profile: PSA's Guy Lederer
PSA’s Guy Lederer is responsible for linking the carmaker’s parts supply chain from one continent to another, including engineering for packaging, material flow and global platforms, as well as focus on parts ordering and forecasting. Lederer manages a team of about 100 employees that are at the forefront of PSA’s ...
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Global news in brief
Toyota delivers 3m cars through ZeebruggeToyota has moved its 3 millionth vehicle through its vehicle logistics centre (VLC) in Zeebrugge, Belgium, which it runs with logistics partner Sintax. The white Toyota Auris Full Hybrid is being delivered to the Belgian market. The Zeebrugge VLC started operations in January 2001 with ...
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Kia makes 10m milestone
Kia has exported its 10 millionth vehicle from South Korea with the shipment of an Optima sedan from Pyeontaek port to the US. The milestone vehicle was carried to the US by Eukor Car Carriers as part of a shipment of 6,000 vehicles due to make a further call in ...
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LSPs honoured at Ford awards
Penske Logistics has received a Gold Award for Logistics Services to Ford in the company’s World Excellence Awards for 2010, held last week in Dearborn, Michigan. This is the third World Excellence Award Penske Logistics has earned from Ford and it is its second Gold within three years “We're sincerely ...
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Global news in brief
Brazil export surge benefits forwardersA surge in vehicle exports from Brazil led to a production rise in the country of 18.7% last month, 24% more than the same month in 2010 and equal to around 310,700 new cars and trucks according to Brazil’s national automakers' association, Anfavea. Exports drove production ...
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K+N targets automotive for growth
By Marcia MacLeod Kuehne+Nagel is targeting automotive as one of the niche markets it thinks will help it grow its business, especially in the UK. The company has recently set up an overnight service delivering service parts companies like Fiat, which includes Chrysler and Jeep. A 30,000ft2 (2,800m2) warehouse in ...
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WWL increases services to Australia
Wallenius Wilhelmsen Logistics has increased the frequency of sailings on its North America to Oceania trade route to four per month. It means shippers will benefit by one added monthly call in the ports of Baltimore, Savannah, Panama, Auckland, Brisbane, Port Kembla, Melbourne and Fremantle. The company said the enhancement ...
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Executives on the move
Supply chain services provider APL Logistics has hired Rinaldy Sudyatmiko as Senior Director of Automotive Business Development in Singapore. Sudyatmiko is part of the APL Logistics Automotive unit, which provides supply chain management support to carmakers and parts manufacturers around the world. Sudyatmiko has more than 15 years of experience ...
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Volvo Logistics to raise investment despite rate concerns
Volvo Logistics, the third party logistics (3PL) arm of Sweden’s Volvo Group, has its sights set on growth of up to 20-25% in the coming years on the strength of recovery in North America and Europe and growing volume in emerging markets, in particular China where it is investing in ...