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All Europe articles – Page 129
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FeatureNYK buys controlling stake in Rolf SCS
Japan’s NYK has bought a 51% controlling stake in Russian vehicle logistics provider Rolf SCS, a division of the Rolf Group, in a new joint venture designed to enhance finished vehicle logistics services in Russia and expand the customer base of each company. Rolf will retain the remaining ...
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FeatureRussian Railways wins bid for Gefco
Months of speculation over the sale of PSA Peugeot Citroen’s logistics subsidiary Gefco was brought to an end last week when it was announced that Russian Railways (RZD) had emerged as the winning bidder for a 75% stake in the company worth €800m ($1.04 billion). RZD is the ...
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FeatureGlobal round up
Hoegh to charter additional car and truck carriersHöegh Autoliners will charter two new 6,500 capacity Pure Car Truck Carriers (PCTC) in 2014 to replace existing vessels. The vessels will be owned by shipowner Ocean Yield and will be built by Daewoo Shipbuilding & Marine Engineering' s (DSME) ...
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FeatureUK takes steps to secure auto growth
According to the Society of Motor Manufacturers and Traders forecast, Britain's OEMs will break records within the next three years, producing over 2m vehicles per annum. But success brings problems, too - most notably in logistics. Eighty per cent of production parts are already made in Britain ...
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FeatureExecutives on the move
Bob Socia, GM’s vice president of Global Purchasing and Supply Chain, is to replace Kevin Wale as president of GM China and chief country operations officer, China, India and ASEAN following the latter’s decision to retire at the end of October. Socia will take up the role ...
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FeatureGroupe CAT buys Toquero's transport division
French vehicle logistics provider Groupe CAT has bought Toquero Group’s transport division and its Madrid businesses for an undisclosed sum. The acquisitions include Toquero Express SLU (in Spain) and Toquero France. It also includes Toquero’s ULTT subsidiary in Spain and its Autotrans subsidiary in Portugal.The purchase allows ...
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FeatureBiggest spend for Honda UK in a decade
Honda has announced a £267m ($430m) investment programme at its Swindon plant, the biggest spend the carmaker has made in the UK in more than 10 years. The investment was announced at the same time Honda launched its latest CR-V model and centres around the installation of ...
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FeatureJapanese anti-trust commission raids car carriers
The offices of some of the world’s largest shipping companies, including NYK Line, Mitsui OSK Lines, K-Line. Eukor Car Carriers and WWL, have been raided by the Japan Fair Trade Commission for allegedly violating the antitrust law in transporting vehicles and other exports. The companies control about ...
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FeatureOpel adds sixth model to Poland plant
The confirmation this week that GM Europe’s Opel plant in the Gliwice, Poland will be making the new Cascada – the carmaker’s recently-revealed convertible Astra – from January next year brings the number of models made on the same assembly line to six. The carmaker already makes ...
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FeatureGlobal round up
Ecuador increases car exports to Venezuela and looks at closer tiesAlmost 3,000 finished vehicles were sent to the port of Cabello, in Venezuela, from the Ecuadorian port of Esmeraldas in August, the first of six consignments totalling 12,700 vehicles to be exported by sea between now and December. This compares ...
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FeatureGefco responds to increase in OEM near sourcing
Following last month’s survey update from the UK’s Automotive Council, which showed that the supply chain could benefit from an additional £3 billion in additional business, on top of the £26.6 billion potential spend by carmakers originally announced in May this year (read more), Gefco has outlined how it ...
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FeatureExecutives on the move
Peter Menzel has moved from his position as director and executive officer of the Car Carrier Group at ocean forwarder K-Line to take up a newly created position at car carrier Neptune Lines as commercial director. He was at K-Line Europe for almost ten years.Menzel has relocated to the ...
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FeatureVehnet provides comprehensive service for NVD
Vehnet, which provides software services for the automotive industry, has signed a new contract with Irish vehicle management company National Vehicle Distribution (NVD), which handles 70% of new car movements in Ireland, as well as providing services in the UK and wider Europe. NVD will be using Vehnet’s Advance ...
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FeatureFreight rates for sea and air July-August 2012
Container shipping spot rates on the Asia-Europe trade lane remained high in July and August at around $3,500 following a light increase between March and May this year when carriers withdrew capacity and forced rates up. Container loading on the route rose to $4,000 per FEU, a 110.4% increase in ...
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FeatureGlobal round up
Ennore passes 200k exports, starts imports The port of Ennore reached a total of 200,000 vehicle exports at the beginning of August and also received its first vehicle imports – 110 Mitsubishi Pajero SUVs transported by K-Line from Thailand.The port, located just north of Chennai on India’s east coast, began ...
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FeatureExecutives on the move
Neovia is the new name for Caterpillar Logistics Services following its recent purchase by Platinum Equity and it also has a new CEO in Jos Opdeweegh.Opdeweegh has extensive experience in logistics, mergers and acquisitions, and capital markets. His most recent position was as CEO at Americold Realty Trust, one of ...
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FeatureRussia joins WTO but still protects its OEMs: analysis
After more than 19 years of negotiations, the Russian Federation has today become the 157th member of the World Trade Organisation (WTO). With reductions in import tariffs part of the accession, including those for vehicles, components and raw materials, the impact is expected to lower prices for consumers, increase global ...
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FeatureMitsubishi stops shipments of i-MiEV to PSA
Mitsubishi Motors has stopped shipments of its i-MiEV electric vehicle to French carmaker PSA Peugeot Citroën. A spokesman for PSA said that the halt was temporary and put in place to “adjust stocks”. The French carmaker is now believed to have more than 4,400 of the vehicles held in ...
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FeatureGlobal round up
ACL books innovative con-ro vesselsAtlantic Container Lines, the Grimaldi-owned north-Atlantic ocean forwarder, has signed a contract with Chinese state-owned Hudong-Zhonghua Shipbuilding for the delivery of five container/ro-ro (con-ro) vessels that, when completed by 2015, will be the largest vessels of their kind in the world, according to the company. ...
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FeatureDB doubles Poland-UK service
DB Schenker Rail is adding another weekly train to its service between Wroclaw in Poland and London in the UK from October this year. The company has been running one weekly train on the service since November last year but has seen increasing demand from customers across a number ...