Finished vehicle logistics – Page 82
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Gefco reports strong growth in profitability
French logistics provider Gefco has announced strong growth in operating profits for the year to the end of 2016 after a proactive policy to optimise purchases and reduce fixed costs.Earnings before interest, tax, depreciation and amortisation grew 32.1% to €172.8m ($193.3m). Revenues were up 1.3% to €4.23 billion.The strong results ...
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USC looks at barges for the delivery of car volumes in Russia
Alexey Rakhmanov (left), the director of Russia’s biggest shipbuilder, United Shipbuilding Corporation (USC), has revealed that the company is designing river barges for the transport of finished vehicle volumes on Russia’s inland waterway network.Currently there are no such services in Russia but Rakhmanov said this could change in the near ...
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Audi agrees to sell future SAIC production through existing dealer network
Audi has agreed to sell any vehicles produced under its deal with SAIC through its existing sales network, after dealers expressed fears the new partnership would increase competition and lose them access to key new products.The company already has a 29-year partnership with FAW Group in China and last year ...
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Brazil’s Itapoá port handles trial BMW imports
The Brazilian port of Itapoá has carried out a trial operation for the import of BMW vehicles from the US recently, with a view to starting more regular throughput.BMW has a factory in Araquari that produces the 3 Series and X1 models, both of which are in high demand in ...
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Emirates SkyWheels service flies JLR vehicles to Chicago from Birmingham
Emirates Airline’s freight division, SkyCargo, has announced a bespoke new service for Jaguar Land Rover, flying finished vehicles from the UK’s Birmingham airport to Chicago in the US.Logistics provider Metro Shipping coordinated the service, with the first flight taking place last week. The company has a specialist automotive division located ...
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BCA appoints Wolfgang Reinhold as head of Europe division
UK-based finished vehicle services provider BCA has appointed Wolfgang Reinhold as divisional CEO for Europe. He will take up the position on May 29th.Reinhold has extensive experience in the remarketing and leasing sectors, having spent the last 28 years at fleet management company LeasePlan Group. His last role at the ...
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ECG highlights the opportunities and threats of a digital future
The looming arrival of self-driving cars could be a serious threat to the future of finished vehicle logistics providers, those attending the Spring Congress and General Assembly of the Association of European Vehicle Logistics (ECG) were warned.Speaking at the event in Malta last week, Pavel Haidai, president of Ukrainian vehicle ...
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ECG calls for better OEM forecasts as stocks build amid slowing growth
The outlook for the European finished vehicle sector remains positive, with growth still forecast for the short to medium term, according to figures presented at the Spring Congress of the Association of European Vehicle Logistics (ECG) in Malta last week. But a slower growth rate is beginning to lead to ...
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Plant yards & systems: Allowing space to grow
The effective management of plant yards is an important component of finished vehicle supply chains because of the constant flow and high volume of products such manufacturing plants typically handle. As a number of OEMs re-examine the balance between in-house labour and outsourced providers, many have begun to devote more ...
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China pushes Belt and Road investment as European rail link booms
Source: Chatham HouseInvestment plans announced earlier this week for China’s ambitious Belt and Road economic and trade plan look set to support strong growth in rail services between China and Europe, which has seen rising use and interest among automotive manufacturers and logistics providers.At the Belt and Road Forum ...
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Congestion costs rising for US trucking industry
The US trucking industry faced an extra $63.4 billion in operational costs in 2015 due to traffic congestion on the national highway system, new research out this week has suggested.The latest report by the American Transportation Research Institute (ATRI) used a variety of data sources, including its GPS database, to ...
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Russian imports: Forecasting a fragile recovery
[in_this_story align="right" border="yes"]In August last year, imports of finished vehicles in Russia rose 5.3% year-on-year, bringing an end to a decline that had lasted for 35 consecutive months. Meanwhile, during the course of 2016, several carmakers, including SsangYong and Honda, unveiled plans to start importing finished vehicles into the country ...
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Bristol begins UK vehicle exports to US with WWL
A new weekly ro-ro service is shipping Jaguar Land Rover, Mini and construction equipment from the UK's port of Bristol to the east and west coasts of the US.The first consignment was loaded aboard WWL's MV Theben on April 29th, with the first call being at the US east coast ...
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TPP concessions a 'starting point' for Nafta talks
US commerce secretary Wilbur Ross (pictured) has told a Bloomberg Breakaway Summit in New York that some of the concessions made by the country's neighbours under the Trans Pacific Partnership (TPP) agreement would be a 'starting point' in negotiations over the North American Free Trade Agreement (Nafta).President Donald Trump removed ...
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Gefco to ship CNH tractors from Austria to Australia
European agricultural machinery maker Case New Holland (CNH) has contracted logistics provider Gefco to move a consignment of tractors to Australia for the first time.Gefco will move between 260 and 280 tractors in containers to three Australian ports this year: Perth, Melbourne and Brisbane.The tractors will be loaded into containers ...
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CDN announces key leadership changes
Car Delivery Network (CDN), which provides cloud technology for the movement of finished vehicles, has made two key leadership changes in North America and the Asia Pacific region.In North America, Derric Hicks has been named as general manager (GM), following the departure of Greg May; while Rob Julian (pictured) has ...
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Porsche increases global deliveries in Q1
Porsche has reported a 2% increase in revenue for the first quarter of the year to €5.5 billion ($6 billion), alongside a 7% increase in deliveries to almost 59,700 vehicles, compared to the same period last year.The US, China and Germany remain the premium carmaker’s top three markets for vehicles ...
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Cox replaces Dods as chairman of Matson
Matthew Cox (pictured) has taken over as chairman of US carrier Matson, which provides container and ro-ro services between the West Coast, Hawaii and Guam. He replaces Walter Dods, who is retiring from the board of directors.Cox will retain his role as CEO of Matson but his responsibilities as president ...
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Avtovaz deliveries delayed by carrier shortfall
Deliveries of vehicles from Russian carmaker Avtovaz are being delayed by up to a week because of a shortage of car carriers, according to a report in Russian media source Vedomosti.AvtoVaz usually delivers cars in the European region of Russia within 10 days but recently, some of its deliveries have ...
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Groupe CAT in talks to buy STVA from France's SNCF
Transport and logistics provider Groupe CAT has entered into exclusive negotiations to purchase the STVA Group from French state-owned rail company, SNCF, for an undisclosed amount.If successful, the deal would give CAT one of Europe’s largest bimodal finished vehicle logistics fleets and add a proforma €312m ($340m) to its 2016 ...