All articles by Gareth Tredway – Page 13
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Survey highlights Silicon Valley risk to German logistics industry
Almost two-thirds of German logistics specialists and executives believe the industry is investing too little in research and development, with more than half fearing they could lose market share to competitors from Silicon Valley.That's the main finding of the 2017 Logistic Trend Index, compiled annually ahead of next month’s Transport ...
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Ontario secures its place in Ford’s connected-car future
Ford has announced a C$500m ($373m) research and development (R&D) investment in Canada’s Ontario territory, including the development of a research and engineering centre in the capital of Ottawa.Ontario Premier Kathleen Wynne and Prime Minister Justin Trudeau (pictured here on the right), were both present at the official event announcing ...
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Durant appointed senior VP for aftersales at VW America
David Durant (pictured) has been appointed as senior vice-president for aftersales at Volkswagen America.He will report to Hinrich Woebcken, who was appointed head of the North America region in April last year.The 50-year old Durant will oversee all Volkswagen brand aftersales activities, which include developing and implementing strategies for the ...
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Anji and Ceva widen scope of renewed Chinese joint venture
Anji Automotive Logistics and Ceva Logistics have renewed a Chinese joint venture agreement dating back to 2002, while also expanding the JV’s business scope to include non-automotive contract logistics.The original deal was signed between Anji, China’s largest automotive logistics provider, and US-listed TNT Logistics, prior to its acquisition and rebranding ...
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Euro Marine Logistics launches Biscay ro-ro service
EML’s new Biscay route – click to enlargeShort-sea operator Euro Marine Logistics (EML) has begun operating a new ro-ro service between Spain, Belgium, France and the UK.The company, a joint venture between Mitsui OSK Lines and Höegh Autoliners, said in March that it would be deploying two medium-sized vessels, ...
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Tradisa buys Mosolf Group out of Tramosa
Automotive logistics provider Tradisa has bought the other half of its jointly owned Tramosa business from the Mosolf Group for an undisclosed sum.The transaction comprised consolidating ownership of Tramosa France, based in Creutzwald, and Tramosa Logistik, based in Saarlouis, Germany.“The purpose of this transaction is to simplify the network of ...
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Honda invests a further $85m in Alabama assembly plant
Honda has announced plans to invest $85m in its Lincoln plant in Alabama, including an expansion at the south end of Line 1 of the vehicle assembly operation there.The company said the investment was the first part of a multi-phase project to “improve vehicle manufacturing flexibility, strengthen the logistics efficiency ...
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Grupo Mexico buys Florida railway company for $2.1 billion
Grupo Mexico has agreed to acquire US-based Florida East Coast Railway (FEC) for $2.1 billion.The diversified group, which already controls a large part of Mexico’s railway system, will use cash and debt to buy FEC from subsidiaries of the Fortress Investment Group.FEC owns 565km of railways along the coast of ...
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BMW to develop new $31m distribution centre in South Africa
German carmaker, BMW has announced a R400m ($31m) investment in a South Africa regional distribution centre, about 55km from its Rosslyn plant near Pretoria.Local company, Attacq will be developing the 32,000sq.m distribution centre at the Waterfall mixed-use development in Midrand. Distribution is expected to start by mid-2018, for an initial ...
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Ekol Logistics enters Slovenia
Turkish transport and logistics provider Ekol Logistics has officially entered its 15th country with the establishment of a local branch in Slovenia."Ekol Slovenia will provide services of international and domestic FTL [full truckload] and groupage transport,” said Miha Ulcar, manager of the Slovenian branch.The company, which will be operational within ...
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Eddie Stobart estimates £550m-plus value post IPO
UK transport and logistics provider, Eddie Stobart, has announced its intention to raise £130m ($163m) and list on the London Stock Exchange’s AIM market, which supports smaller growing companies.The company is targeting a market capitalisation on admission in excess of £550m.CEO Alex Laffey said: "Eddie Stobart is widely recognised as ...
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China’s Tencent buys stake in Tesla ahead of first Model 3 production
Chinese online gaming and social network giant, Tencent, has acquired a 5% stake in US-based electric-car maker Tesla for almost $1.8 billion.Tesla is currently in the midst of a major investment in its manufacturing and supply chain as it prepares for its Model 3 launch and to ramp production capacity ...
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Temporary halt to Audi’s Ingolstadt production after fire at supplier plant
Audi's Ingolstadt plant in GermanyA fire at a plant supplying Audi’s Ingolstadt facility has forced the carmaker to temporarily halt production.Pelzer, which supplies inner bulkhead insulation for the Audi A4 and A5 models from its plant in Witten, Germany, said a fire broke out in the early hours of ...
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Valmet to produce next generation of Mercedes-Benz compacts
Daimler has confirmed that the next generation of it’s compact A-class model will continue to be produced by contract manufacturer Valmet in Finland.The current generation of the A-Class has been produced at the plant in Uusikaupunki since 2013 and in February production of the Mercedes-Benz GLC SUV began there.Daimler has ...
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White House budget blueprint cuts transport in favour of defence
A blueprint federal budget released by the Trump administration has proposed major cuts, including to the Department of Transportation (DOT), in order to fund a major increase in defence spending alongside additions to veterans' affairs and homeland security.In the budget document, America First – A Budget Blueprint to Make America ...
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Two years for Brexit deal ‘optimistic’ as FTA calls for transitional trade measures
With the official date now set for the UK to begin its exit negotiations with the EU, the focus has shifted onto how those discussions will progress and whether a deal can really be struck in just two years Rollo: UK will need to complete a number of separate ...
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Investigation finds lack of competition in Mexican rail interconnections
The investigative arm of Mexico’s competition commission (COFECE) has suggested there is a lack of competition in interconnection services by the major companies operating the country’s railway network.The unit has just released the preliminary findings of an investigation into the matter following a claim by an unnamed party last year.Kansas ...
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Imperial forms automotive logistics JV with China’s Sincero
Carsten Taucke (left), CEO of Imperial Logistics International, with Jiang Jun, CEO of SinceroImperial Logistics International has teamed up with Chinese conglomerate Sincero to offer integrated logistics services to carmakers in the country.The two have created a Shanghai-based joint venture, which Imperial will own 51% of with Sincero holding ...
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Port of Portland hires O’Hollaren to help grow automotive business
Ken O’Hollaren (pictured) has been hired as marine marketing director at the Port of Portland.He has more than 25 years of experience and was previously executive director at the ports of Longview and Port Angeles.Keith Leavitt, the Port of Portland’s chief commercial officer, said: “We are excited to have Ken’s ...
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Van Osta takes on Russia role at JCB
Joannes Van Osta is now based in Moscow as general manager of operations for JCB in Russia.JCB is a privately owned manufacturer of construction machinery, headquartered in the UK. It has a global presence and manufacturing facilities on four continents.Van Osta is a transport, logistics and supply chain professional with ...