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All Feature articles – Page 272
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FeatureThyssenKrupp invests in Alabama
ThyssenKrupp Materials North America (TKMNA), a division of the materials giant ThyssenKrupp, is investing $13m to build a new materials processing and distribution centre in Woodstock, Alabama. The centre will serve the Coil Processing Group division. A spokesman for the company said the decision to locate the new ...
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FeatureMurano move unconfirmed says Nissan
Nissan said this week that reports it was moving the Murano crossover from Japan to the US in 2014 were purely speculative. Reports in the Japanese business press said that the carmaker was planning to start producing the Murano at the Smyrna plant in Tennessee, which already ...
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FeatureSpot rates increase as strike looms
As the threat of widespread strike action by dock workers on US East and Gulf coasts draws nearer, shipping companies are reported to be raising spot prices for containers on routes between Asia and the US.Citing recent data from the Shanghai Containerised Freight Index, Lloyd’s Loading List ...
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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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FeatureProtests shut Japanese plants in China
Japanese carmakers have been forced to shut plants in China and seen dealerships attacked by rioting protestors angry at Japan’s recent move to purchase the territorially-contested islands in the East China Sea, known as the Diaoyu by the Chinese and the Senkaku by the Japanese . The ...
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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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FeatureUS accuses China of unfair levies
The US government has launched a new trade case with the World Trade Organisation against Chinese vehicle and parts export subsidies that Trade Representative Ron Kirk said were unfair and distorted international trade. The latest challenge contests $1 billion in subsidies and follows on from an earlier ...
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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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FeatureFormer logistics exec dies after killing police officer
Ricky Coley, who was a director at CNC Holding and a former logistics executive at Ford, has died following a gun battle with police in the West Bloomfield Township district of Detroit that also left one police officer dead. Coley is suspected of having committed suicide following ...
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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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FeatureUS ports strike could freeze throughput on East Coast
Ports on the US East Coast and Gulf region, which include some of the busiest vehicle processing ports in North America, are facing the threat of widespread strike action by dock workers if talks regarding overtime rules and container royalties are not resolved by the end of the month. ...
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FeatureVehicle throughput at Veracruz up 30 per cent
In the first seven months of this year, the Mexican port of Veraruz handled 508,312 finished vehicles, an increase of 31.2% on the comparable period in 2011.The port authority said that Volkswagen, Ford and Chrysler accounted for the majority of models handled, with the balance built mostly by Toyota, ...
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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 ...