All Europe articles – Page 130
-
FeatureGood riddance to Q2 says Ceva
Ceva Logistics is glad to see the back of a second quarter that its chief financial officer, Rubin McDougal (pictured), said was disappointing in terms of projected volume growth in the air freight division and a poor performance in the contract logistics sector, in large part because of losses ...
-
FeatureGlobal round up
DHL opens parts centre in BrazilDHL Global Forwarding has opened an automotive parts handling centre in São Paulo, Brazil that will process around 2,000 shipments per month for carmakers, commercial vehicle makers and their tier suppliers in the local market.According to the company, the Automotive Competence Center will provide ...
-
FeatureHoegh steps out of car transport to China
Ocean forwarder Höegh Autoliners has withdrawn from offering passenger vehicle transport services between Europe and China stating that rates to the country “are just not good enough to cover the investment to go there”.A spokesperson for the company told Automotive Logistics News: “With vessels that already sail full in ...
-
FeatureFirst UK used car export facility for NZ opens
Logistics providers Autohub and Pentalver have joined with international inspection company JEVIC to launch the UK’s first vehicle pre-clearance facility for used car shipments to New Zealand. The move is in response to an increase in second hand exports to the country from the UK (which both use right-hand ...
-
FeatureAutomotive helps NYK return to profit
Japan’s NYK Group reported improved revenue and a return to profitability for the first quarter of the fiscal year, which it attributed largely to more sustainable container shipping rates between Asia and Europe, as well as recovery in automobile shipments in the car carrier division following last year’s earthquake ...
-
FeaturePantos moves GM Korea kits to Tashkent
General Motors has signed a contract with South Korean freight forwarder Pantos Logistics for the transport of semi-knockdown (SKD) kits of Chevrolet models from the Gunsan plant on the west coast of Korea to its joint venture engine and assembly facility in the Uzbek capital Tashkent. The carmaker is ...
-
FeatureGlobal round up
Jaguar Land Rover expands UK plantJaguar Land Rover has announced this week that it will expand its workforce by 1,100 at its Castle Bromwich plant in the UK Midlands to work on output of a range of new products going into production this year, including the 2013 model ...
-
FeatureGefco profits slide as PSA struggles
Gefco Group, the logistics subsidiary of France’s PSA Peugeot Citroën, has seen its profits slide nearly 56% in the first half of 2012 compared to 2011 following drops in revenue in Europe and particularly across Peugeot Citroën, its parent and largest customer. Gefco has also seen its margins squeezed ...
-
FeatureFatal violence closes Maruti Suzuki Manesar plant
Maruti Suzuki’s Manesar plant in the north of the Indian state of Haryana remains closed this week following last week’s violent events there in which one person was killed, more than 70 others injured and in which the plant suffered widespread fire damage. A lockout has been put in ...
-
FeatureFresh concerns for EU carmakers over Japan FTA
European carmakers are once again expressing their concerns about the latest free trade deal the European Commission is pressing ahead with, this time with Japan. Last week the EC called for the launch of talks to establish what could be the world’s largest deal between trading partners which together ...
-
FeatureMahindra Logistics looks to diversify and double profits by 2016
Mahindra Logistics, India’s largest automotive logistics provider, has said it plans to double its revenue in the next four years by building on and diversifying its logistics services outside its parent company, Indian conglomerate Mahindra & Mahindra (M&M), and the automotive industry more generally. The company, which was established ...
-
FeatureGlobal round up
Audi plans logistics facility in GyörGerman carmaker Audi is reported to be planning a logistics centre just outside Györ in Hungary to boost production at its plant there, which is currently undergoing a €900m expansion to boost annual car output to 125,000 by next year. Local press reports indicate that ...
-
FeatureJLR mulls CKD assembly in Brazil
Despite the continuing problems facing foreign carmakers importing parts and vehicles into Brazil detailed elsewhere this week (read more here), Jaguar Land Rover is reported to be in talks again with the Brazilian authorities over plans to assemble its Freelander SUV in the country from imported complete knockdown (CKD) ...
-
FeatureNYK aims to double sales in logistics
The president of ocean-forwarder NYK, Yasami Kudo, has said the company will concentrate on doubling sales at its logistics operations, including the freight forwarding and warehousing businesses led by its Yusen Logistics unit. Yusen Logistics is the product of NYK’s integration of its contract logistics division, NYK Logistics, and ...
-
FeatureLohr sells tram division for 35m euros
Groupe Lohr, which manufactures car carriers and rail wagons, has sold its Translohr division, which makes tyre-based trams, to offset losses to its Lohr Automotive division and secure its finances as its waits for a recovery in the European market. Rail transport provider, Alstom Group, and private equity ...
-
FeatureGlobal round up
Bentley extends contract with OntimeBentley Motors has extended its contract with transport provider Ontime Automotive for a further three years as it sees an increase in sales driven by the roll out of new products, including the Continental GT, GTC and Mulsanne. The luxury carmaker, owned by Volkswagen, ...
-
FeatureExecutives on the move
Following the news that GM is transferring the majority of its transport logistics business in Europe and Russia to PSA Peugeot-Citroën’s logistics subsidiary Gefco (read more here), Automotive Logistics News has learned that Andreas Ginkel (pictured), currently director of logistics for GM International Operations, has become co-director of ...
-
FeatureRhenus develops supply chain for DAF in CIS
Following a contract signed at the beginning of the year, the Rhenus Group is providing DAF Trucks with complete supply chain services for its expanding dealer network in Russia and the wider CIS region.Rhenus is currently establishing warehousing in the Moscow region from where its transport subsidiary, Revival ...
-
FeatureBMW boosts UK MINI output and looks to Netherlands
BMW has announced that it will invest a further £250m ($388m) in its UK manufacturing facilities by the end of 2015, bringing total expenditure to £1.75 billion, and is looking to expand capacity for volume increase with the addition of a satellite contract manufacturing facility. The carmaker’s preferred ...
-
FeatureArgentine tariffs hit Mexican exports
Following the decision of the Argentinian government to suspend for three years the Bilateral Economic Agreement 55, which covers the automotive sector, Mexican produced vehicles will have to pay a 35% import tariff, while taxes on parts and components will increase between 16% and 18%. Models that will ...