Finished Vehicle Logistics – Page 69
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Wallenius Wilhelmsen acquires Syngin Technology
Global logistics provider and shipping line, Wallenius Wilhelmsen, has signed a deal to buy 70% of US automated logistics provider and broker, Syngin Technology for $22m.Syngin, which currently operates in the US and Canadian markets, provides an online marketplace for the distribution of used vehicles that are used by fleet ...
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Alliance opens distribution centre in Melbourne
The Renault-Nissan-Mitsubishi Alliance has opened a warehouse in Melbourne, Australia for the distribution of aftermarket parts.The company said the 37,000 sq. m Alliance National Distribution Centre was designed to maximise productivity and accuracy, allowing manufacturers to enhance services to their national dealership networks across the country. The centre will also ...
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When will services be back on track?
The state of the rail freight service in the US has been a leading topic of conversation for several months within vehicle supply chains, with discussions still ongoing between OEMs and rail providers. Questions around the availability of capacity and transit delays that have disrupted the timing of finished vehicle ...
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DHL Freight opens warehouse in Manisa
DHL Freight has opened a logistics warehouse at Manisa Industrial Park, near the Turkish city of Izmir, in response to what it said was a growing demand for services in the country."Manisa is not only home to one of the first logistics parks in Turkey, it is also an important ...
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JLR threatens to pull investment over ‘bad’ Brexit
Jaguar Land Rover (JLR) has warned its plans to invest £80 billion ($105 billion) over the next five years in the UK are in jeopardy, due to continuing uncertainty over the terms of the nation’s exit from the EU.Brexit could erode more than £1.2 billion from JLR’s bottom line each ...
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Africa awakes
Africa’s vehicle production and distribution sector still trails much of the rest of the world, but the signs are that this is beginning to change
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Russia's fresh focus on exports
In recent years, Russia has put considerable resources into encouraging recovery in its domestic automotive industry. Last year, the federal budget included 62.3 billion roubles ($1 billion) in state aid for carmakers. Such sums have been spent primarily on boosting demand in the domestic market, which has been under pressure ...
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Gefco and Bergé join forces in Spain
Gefco is setting up a joint venture with Spanish logistics provider Bergé to strengthen finished vehicle operations in Spain. The new company will be called Bergé Gefco and combine the fleets and resources of both companies’ divisions in the country to offer customers a complete range of finished vehicle services, ...
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Skoda reveals plans for Indian market
From left to right: Skoda member of the board for sales and marketing, Alain Favey; CEO Bernhard Maier; managing director of Skoda Auto India, Gurpratap Boparai; and member of the board for finance and IT, Klaus-Dieter SchürmannIts parent company VW Group is investing €1 billion between 2019 and 2021 ...
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Kuehne + Nagel expands services for BMW
Kuehne + Nagel and BMW have expanded their partnership in Europe and Asia.In a phased development, the logistics company set up a regional distribution centre in Kleinaitingen (Germany) last April and one in Słubice (Poland) a month later. It is also establishing dealer distribution centres in Beijing and Shanghai, China, ...
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BCA signs record five-year deal with BMW
BCA Marketplace has agreed a five-year contract with BMW UK to provide a range of remarketing services.The agreement will see the used vehicle group de-fleet, refurbish, inspect and collect, inventory manage and remarket on behalf of the carmaker and its leasing business, Alphabet. The value of the deal has not ...
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Flooding in Celaya halts Honda assembly
Flooding has stopped production at Honda’s plant in Celaya, Mexico. The carmaker confirmed that floodwater had gotten into the plant on June 28 (Thursday) because of an overflow of a channel connected to the Laja River.“Honda decided to suspend all production from the evening of June 28,” said the carmaker. ...
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A match made in heaven?
According to a study carried out by the European Commission in 2014, almost a quarter of truck journeys on Europe’s roads are carried out empty. In individual member states, the prevalence of empty running can be even higher: in the UK, for instance, Department for Transport (DfT) statistics put the ...
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Location key to Volvo’s latest plant in the US
Sweden’s Volvo Cars has held a plant opening for its first US manufacturing base, near Charleston, South Carolina.The company invested around $1.1 billion (€950m) in the plant, which has an annual production capacity of 150,000 cars a year. The new S60 mid-size sports sedan will be the first model to ...
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Higher tariffs to hit Daimler’s earnings
Increased Chinese import duties on US-made cars and other setbacks have forced Daimler to lower earnings expectations for this year, despite record sales.“The decisive factor is that at Mercedes-Benz Cars fewer-than-expected SUV sales and higher-than-expected costs – not completely passed on to the customers – must be assumed because of ...
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Russia on its way to join the global automotive trade war
The Russian government is considering protective duties against US finished vehicles according to Maxim Oreshkin, Russia’s economic development minister (pictured). Oreshkin held a press conference in Moscow on June 25 and said the country could introduce duties ranging between 18% and 20% in response to the US decision to raise ...
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Kia moves Sportage through Santa Marta
The Colombian port of Santa Marta has started handling imported Kia vehicles from Slovakia. By the end of the year, it is expected to have handled around 4,000 Sportages.The vehicles are being imported into Colombia on a monthly basis by regional distributor Metrokia SA and are being delivered to the ...
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World Cup better than expected for logistics
The FIFA World Cup 2018 has caused a temporary shortage of transport capacities in certain regions of Russia, with a local rise in tariffs and some delays at customs, according to Irina Novikova, the inland transport department director of Gefco. However, fears of Russia ceasing to import automotive components including ...
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Russian VAT hike to hit domestic car industry
Plans to increase the VAT rate in Russia from 18% to 20% next year look set to hit the automotive and construction sectors hard, Russian economists have warned.The move, designed to collect an additional $10 billion a year for the federal budget, is believed to be the sharpest rise in ...
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Emissions legislation set to disrupt vehicle logistics
European legislation aimed at achieving more accurate monitoring of emissions from passenger cars could cause disruption to logistics operations involving the storage and delivery of new vehicles, the Association of European Vehicle Logistics (ECG) has warned. As manufacturers phase out non-compliant older models, dealers are looking to sell existing stock ...