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Finished vehicle logistics – Page 77
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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 ...
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FeatureUECC holds event in Southampton to showcase its dual-fuel LNG vessel
European short-sea carrier, UECC, has held an event at Southampton port in the UK for clients and authorities to get a closer look at its new Auto Eco vessel capable of running on Liquid Natural Gas (LNG).Last November, the vessel, which was the first pure car and truck carrier (PCTC) ...
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FeatureExport growth heralds recovery in Brazilian car output
Brazilian passenger car exports in the first eight months of this year have increased by 57% to almost 481,390 units, according to figures from the country’s National Association of Automotive Vehicle Manufacturers (Anfavea).Overall vehicle exports, which includes commercial vehicles and buses, have increased to 506,000 units over the same period, ...
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FeatureCarlisle appointed as CEO of BCA Services
BCA, the UK-based used car auction and vehicle logistics provider, has appointed Ian Carlisle as CEO of its newly created services division.In the role, he will take responsibility for BCA Vehicles Services, BCA Fleet Solutions, BCA Automotive and BCA Logistics.“We have formed the new Services division to further accelerate our ...
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OEMs e provedores de logística avaliam danos causados pelo furacão Harvey
Os efeitos devastadores do furacão Harvey nos EUA ainda estão sendo avaliados. O número de mortos já chega a 50, enquanto as estimativas são de que os danos excederão o valor de US$100 bilhões.A cidade texana de Houston parece ter sido a mais atingida, enquanto os portos e as fábricas ...
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FeatureCarlyle Group buys finished vehicle logistics provider United Road Services
The Carlyle Group has acquired North American finished vehicle transport and logistics provider United Road Services from Charlesbank Capital Partners for an undisclosed sum.The private equity and alternative asset management giant said it bought the company via its Equity Opportunity Fund II, a $2.4 billion fund that invests in middle-market ...
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FeatureDHL to provide fleet management services for BMW in the UK
DHL Supply Chain has secured a new three-year contract to manage vehicle preparation and refurbishment services at the BMW Group’s Vehicle Distribution Centre (VDC) at Thorne, in the UK.Historically, all vehicles imported through BMW UK have been sent to the VDC at Thorne for checking and preparation before being distributed ...
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FeatureAudi says its rail transport in Germany is now carbon-neutral
Carmaker Audi says it has achieved CO2-neutral status in the transport of goods and vehicles by rail to and from its plants in Germany.The news comes seven years after the company first began using DB Cargo’s ‘ecoplus’ service, which provides carbon-free rail transport services that draw traction power from renewable ...
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FeatureSusan Moritz joins MetroGistics to head business development
Susan Moritz has joined US-based finished vehicle logistics provider MetroGistics as vice-president of business development. She will be responsible for leading the company’s OEM and ‘mega-dealer’ business segments and developing further growth.Moritz has more than 25 years’ automotive industry experience. Her last role was with e-commerce provider Cox Automotive, where ...
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FeatureIndian vehicle sales bounce back post-GST but cess tax hike looms
India’s light vehicle sales have rebounded, following a big drop in June ahead of the implementation of the Goods and Services Tax (GST) on July 1st.Based on wholesale transactions, official Indian sales surged by 16% year-on-year in July to 334,000 units, as dealerships replenished their inventories.The GST is a value-added ...
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FeatureValencia seeks to oust Barcelona as Spain’s leading vehicle port
Valencia Port Authority (APV) has confirmed that it is attempting to overtake Barcelona as Spain’s leading hub for automotive traffic. It now has more space between Valencia and Sagunto given over to this business than its Catalan rival, and is looking to handle 1m units annually.A spokersperson for APV told ...
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FeatureOEMs and logistics providers assess damage from Hurricane Harvey
The devastating effects of Hurricane Harvey in the US are still being assessed. The death toll already stands at 50, while estimates are that damages will exceed a value of $100 billion.The Texan city of Houston seems to have taken the biggest hit, while ports and car plants were shut ...
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FeatureRussia to cut subsidies on finished vehicle transport from Far East
A draft decree recently released by the Russian Ministry for Trade and Industry shows that it plans to allocate 850m rubles ($14.3m) this year to subsidise finished vehicle movements from the Far East to the European side of the country.In total, the Russian government plans to reimburse transport costs for ...
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FeatureMaurice de Wilde joins Koopman Logistics in newly created CFO role
Koopman Logistics, the largest finished vehicle service provider in the Benelux region of Europe, has appointed Maurice de Wilde (pictured) to the newly created role of chief financial officer (CFO).“We are strengthening the team at Koopman, given the significant growth we have seen over the past years and the business ...
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FeatureTrump suggests Nafta renegotiation is likely to lead to US withdrawal
Just a week after the formal renegotiation of the North American Free Trade Agreement (Nafta) began, US president Donald Trump has suggested the US is likely to pull out of the arrangement.Speaking after the first round of talks about the two-decade-plus accord that many carmakers’ supply chains currently rely on, ...
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FeatureAcumen bolsters its enclosed car transporter fleet
UK automotive logistics provider Acumen Automotive Logistics has added two more DAF LF curtainsided rigids to its fleet of 20 enclosed car transporters.One of the new trucks will be based at the company’s operating centre in Coventry, with the other at its depot in Farnborough.Acumen says it has been updating ...
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FeatureShip Your Car Now expands in Florida to meet rising B2B demand
US finished vehicle and heavy equipment mover Ship Your Car Now (SYCN) has expanded its business with the opening of a new office in Boca Raton, Florida.The company said the move was in response to increased demand for outbound services in the business-to-business (B2B) division, which includes customers such as ...
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FeatureKCS Laredo facility will speed secure rail shipments between Mexico and US
A new cargo processing facility that should improve security for shipments heading northbound from Mexico was launched at the Laredo rail border crossing in the US state of Texas last week, as negotiations in North American on the North Atlantic Free Trade Agreement (Nafta) got underway.The Unified Cargo Processing facility ...
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FeatureMaersk estimates cost of NotPetya cyber-attack at $200m-300m
Shipping company AP Moller-Maersk says it expects the impact of the NotPetya cyber-attack in June to have cost the company $200m-300m, of which the majority relates to lost revenues in July.Despite this, the company still expects to beat last year’s figure of $711m in terms of underlying profits for the ...
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FeatureYusen Logistics opens new site in Myanmar for CKDs and finished vehicles
Yusen Logistics has officially opened a logistics facility in Myanmar that will store and process finished vehicles for both domestic distribution and cross-border trade with Thailand.Yusen Logistics owns the facility and has a 50-year lease on the land. It is located in the special economic zone in Thilawa, Yangon District, ...