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Finished vehicle logistics – Page 41
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FeatureToyota shuts South African plant after ‘significant damage’ from flooding
Toyota was forced to shut its manufacturing plant near Durban in South Africa this week after a massive storm hit the region resulting in ‘unprecedented flooding’.In a statement on Tuesday, following the storm, Andrew Kirby, president and CEO of Toyota South Africa Motors, confirmed that there was “significant damage” to ...
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FeatureAMP Capital buys ITS ConGlobal from Carlyle Group
AMP Capital, an Australian investment firm with over $137 billion in funds under management, has completed its largest ever North American deal, buying logistics company ITS ConGlobal (ITSC) from the Carlyle Group for an undisclosed sum.A Reuters report suggested the deal was worth more than $500m, citing unnamed sources.The company ...
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FeatureChanges are the only certainty at Ford of Europe
Dirk Willmann, director of material planning and logistics for Ford Europe, outlines how the carmaker is improving visibility and adapting its vehicle logistics network across Europe to better manage customer demand and trade uncertainties.
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FeatureLive poll results from the UK: present and future disruption
Live polling conducted at this year's Automotive Logistics UK summit revealed that delegates are anticipating major changes to the automotive supply chain as it relates to the UK and the wider sector. While most executives participating in the survey are optimistic about the industry's prospects in the short term, including ...
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FeatureMexico rail vs sea: No easy route for exports
Figures from the Mexican Automotive Industry Association (AMIA) show that between January and June this year, more than 85% of the passenger cars and light trucks made in the country were exported to the US and Canada – equal to almost 1.3m units out of a production total of nearly ...
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FeatureUS car carriers: Driven to deliver
The US car market is forecast to contract slightly over the next two to three years, with sales set to fall from a high of 17.8m this year to around 16.3m in 2019, according to figures from industry analyst PwC. As OEMs cope with swelling inventory, the car carrier sector ...
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FeatureBrexit casts shadow over outlook in automotive and logistics sectors
A new report out this week from global law firm Baker McKenzie has suggested that annual revenues from UK automotive exports could fall by nearly £8 billion ($10.6 billion) if negotiations with the EU follow a ‘hard Brexit’ line. At the same time, a separate report from Barclays Corporate Banking ...
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FeatureToyota ends car production in Australia
After making nearly 3.5m cars there over more than half a century, Toyota has ceased vehicle production in Australia.The carmaker held a ceremony on Tuesday to mark the closure of its Altona plant, near Melbourne, where the Camry, Camry Hybrid and Aurion models have been made. At the event, which ...
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Santander and Tarragona top Anfac port quality report
Santander (pictured) and Tarragona have topped the list as the best ports for handling finished vehicles in Spain, according to Anfac, the organisation that represents Spain’s automotive manufacturers.In Anfac’s annual quality report on ports, the two both scored 4.3 out of a possible 5 marks.Last year, Spanish ports handled 3.2m ...
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FeatureVolkswagen pulls the plug on exports from Russia
VW has announced it will cease exports of finished vehicles from Russia in a few weeks’ time, as a result of high raw materials costs, quality issues and differing emissions standards.Speaking to local news outlet Interfax recently, Oliver Grunberg, technical director of Volkswagen Group Rus, said: “The last batch of ...
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FeatureHöegh Autoliners settles with US authorities after cartel investigation
Shipping company Höegh Autoliners has agreed a settlement with the US Department of Justice (DOJ) after a price-fixing investigation dating back five years.The company has agreed to pay $21m in fines related to exports from the US to the Middle East, following the DOJ’s investigation into the car carrier industry ...
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FeatureLive poll results from Detroit
Live polling conducted at the Automotive Logistics Global conference in Detroit showed a recognition that environmental sustainability will play a bigger part in future supply chains, and that total supply chain comprehension will be the most important skill to have over the next decade.Delegates at the 2017 Automotive Logistics ...
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FeatureGreenpeace protestors board ro-ro vessel carrying VW diesel vehicles
Greenpeace activists have boarded a ro-ro vessel in the UK’s Thames Estuary carrying Volkswagen diesel-engine passenger vehicles for the UK.A group of 25 volunteers in kayaks and boats surrounded the 23,000 tonne ship owned by K-Line’s European short-sea subsidiary, KESS, and attempted to stop the Volkswagen cars from entering the ...
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FeatureSollers plans to relaunch assembly of SsangYong vehicles in Russia
Speaking in a recent press conference, Vadim Shvetsov, the CEO of Sollers revealed that the Russian company plans to relaunch assembly of SsangYong finished vehicles at its plant near Vladivostok from next year.He added, however, that this is being considered under a “the best scenario” as demand for SsangYong cars ...
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FeatureHurricane effect could keep US sales above 17m
Replacement new vehicle purchases following the two hugely destructive hurricanes that hit the US recently could keep car sales above the 17m mark in 2017, despite previous forecasts showing they would fall below the figure for the first time in three years. “For 2017 the initial sales forecast this quarter ...
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FeatureA stronger Nafta could emerge from negotiations
Despite US President Donald Trump's recent warning that he may pull the country out of the North American Free Trade Agreement (Nafta), Rogelio Landin of the US-Mexico Chamber of Commerce (pictured) continues to foresee a more positive outcome.Speaking at this year's Automotive Logistics Global Conference in Detroit, Landin, who has ...
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FeatureUnion Pacific combines intermodal and automotive, creates new logistics entity
US railroad company, Union Pacific, has consolidated four of its subsidiaries into one logistics entity as part of a reorganisation of marketing and sales that also sees six of its business units reduced to four.As part of the change, the company's automotive and intermodal business units have been combined to ...
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FeatureBCA Logistics expands operations in UK
BCA Logistics, one of the four divisions of UK-based used car auction and vehicle logistics provider, BCA, is expanding its operations in the West Midlands region of England and moving to a new office at Birmingham Business Park. The company said the move would create up to 30 new ...
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FeatureRo-ro carrier faces fine for anti-competitive behaviour in South Africa
Norwegian ro-ro carrier Höegh Autoliners has been referred to South Africa’s Competition Tribunal for charges relating to collusive tendering, price-fixing and market division.The country’s Competition Commission, which referred the case, is seeking an order obliging the company to pay an administrative penalty equal to 10% of its annual turnover on ...
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FeatureGefco considers a spending spree in Russia
Transport and logistics company Gefco plans to spend up to €400m ($478m) on mergers and acquisitions over the next few years, including a possible €20-30m earmarked for Russia, according to CEO, Luc Nadal, in an interview with the Russian media outlet Vedomosti.Nadal revealed that the company, which is majority owned ...