All articles by Gareth Tredway – Page 16
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Police recover stolen Jaguar Land Rover engines
Police have recovered the engines stolen late last month from a Jaguar Land Rover facility in Solihull, UK.West Midlands police have also arrested four men on suspicion of conspiracy to steal, according to a statement. All four have been bailed pending further enquiries.The news comes just under two weeks after ...
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Georgia Ports Authority announces new developments
The Georgia Ports Authority (GPA) has just announced the sale to developers of 200 hectares of property to accommodate growing demand for warehousing, distribution and trans-shipping facilities near the port of Savannah.The new development, located on five parcels of land at GPA's Savannah River International Trade Park, is less than ...
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LDC Logistics buys the rest of Metro Supply Chain Group
LDC Logistics has acquired the remaining shares in third-party logistics provider Metro Supply Chain Group (Metro SCG) from private equity investor, Novacap.Over the past 12 years since Novacap’s initial investment, Metro SCG has expanded from its Canadian warehousing roots to provide customised solutions in warehousing, e-commerce fulfilment, transport management and ...
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Jaguar Land Rover falls prey to engine theft at UK plant
Jaguar Land Rover (JLR) has had two semi-trailers loaded with engines stolen from its manufacturing plant in Solihull, UK.“We can confirm that we are working closely with West Midlands police to investigate the theft of engines from the Solihull manufacturing plant,” said a company spokesperson.A statement from the West Midlands ...
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Honda and Hitachi announce plans for electric motor joint venture
Honda has signed a memorandum of understanding with Hitachi Automotive Systems for the joint production of electric vehicle motors, just a week after announcing a hydrogen fuel cell partnership with General Motors (GM) in the US.Hitachi has been selling motors for electric vehicles since 1999 to a number of carmakers ...
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PSA Group to start assembling cars in Kenya again
The signing ceremony took place at the Kenyan State House, the president's official residence in NairobiFrench carmaker PSA Group is to begin producing Peugeot vehicles in Kenya from June this year. The news marks a return to the East African country for the company, which last assembled Peugeot cars ...
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Toyota and Suzuki firm up partnership talk
Toyota president Akio Toyoda (left) and Suzuki chairman Osamu Suzuki at the October 2016 announcementToyota and Suzuki have signed a memorandum of understanding to explore potential cooperation in various business areas including the supply of products and components.In October last year, the two Japanese companies first announced an intention ...
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Recticel ‘working with OEMs’ after fire shuts down Czech plant
Interior parts manufacturer Recticel Group has said it is cooperating with carmakers after a recent fire and subsequent shutdown at its plant in Most, in the Czech Republic.The Belgian company declared force majeure at the plant on January 22nd after a serious fire broke out in one of the production ...
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Yusen Logistics buys Transfreight Europe
Third party logistics provider Yusen Logistics has acquired Mitsui & Co subsidiary Transfreight Automotive Logistics Europe for an undisclosed sum.A Yusen statement said both companies offered expertise in cross-docking, transport and manufacturing plant logistical support and operations, but with complementary regional scope.Ian Veitch, chief regional officer of Yusen Logistics Europe, ...
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EU and Mexico to accelerate trade talks
The European Union and Mexico have announced an intention to accelerate trade talks and are planning two additional rounds of discussion on a “reformed free trade agreement” before the northern hemisphere summer.In a joint statement on the move, EU commissioner for trade, Cecilia Malmström (pictured), and Mexico’s minister of the ...
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GM job cuts loom in Canada as overlap of Equinox production ends
General Motors has issued a notice at its CAMI plant in Canada that could result in the laying off of about 600 employees, according to labour union Unifor.The union said it was informed of the decision by company management earlier this week.The CAMI assembly plant in Ontario has historically produced ...
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GM and Honda plan joint hydrogen fuel cell production by 2020
Global carmakers General Motors (GM) and Honda have taken their co-development agreement for fuel cell systems to another level, announcing an agreement targeting production by the start of the next decade.The two companies, which first signed a ‘master collaboration agreement’ in 2013, are to invest a total of $85m in ...
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Direct train service links Baltic and Adriatic sea
A direct train connection has been established between the port of Kiel, in Germany, and the port of Trieste, in Italy, creating a link for rapid freight transport between the Baltic and Eastern Mediterranean Sea.Operations began on the route on January 25th, initiated by Turkish transport and logistics provider Ekol ...
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Armour replaces Toyota veteran Moore in Canada
It has recently emerged that Lee Armour (pictured) has succeeded Ernie Moore as national manager of the vehicle logistics division at Toyota Canada.Moore, who has retired, joined Toyota Canada over 26 years ago. He held a variety of senior management and executive positions within the customer services and logistics divisions, ...
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Trump withdraws from TPP and prepares to renegotiate Nafta
As promised in his election campaign, US president Donald Trump has issued his first executive order by officially withdrawing the US from the Trans Pacific Partnership (TPP) trade deal.The future of the TPP is now uncertain, with Australian Prime Minister Malcolm Turnbull suggesting China could replace the US but Japan ...
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Ford officially enters spare parts market with Omnicraft brand
Carmaker Ford has launched its own brand of replacement parts for all makes of vehicles, including those not made by the company, as it officially enters the lucrative $500 billion a year aftermarket segment.It already offers its Motorcraft line of replacement parts specifically for its own vehicles.In March last year, ...
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Kansas City Southern counts the cost of Mexican fuel price rise
Kansas City Southern (KCS) has said it is paying 70% more for its fuel in Mexico than it does in the US, following price hikes of 15-20% in some parts of the country at the start of this year, which have led to widespread protests.Speaking at his company’s fourth quarter ...
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PSA and CK Birla to start joint production operations in India
Carlos Tavares, chairman of the managing board of PSA Group (left), and CK Birla, chairman of the CK Birla GroupFrench carmaker PSA Group and India’s CK Birla group have revealed plans to invest an initial €100m ($107m) for the production of vehicles and powertrains in the state of Tamil ...
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Nissan and Tan Chong Motor begin Sunny assembly in Myanmar
Nissan and its partner in Myanmar, Tan Chong Motor, have begun assembling Nissan’s new Sunny model at the latter’s local plant for the first time.The move follows a deal struck between Nissan and Tan Chong in 2013 for the first global vehicle manufacturing project in the country since the market ...
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Ro-ro carriers given the right to jointly negotiate US tugboat prices
The US Federal Maritime Commission has decided to permit major ro-ro carriers to jointly negotiate the pricing of tug services at US ports from now on.The news comes after the commission voted to amend the existing cooperative working agreement that shippers Wallenius Wilhelmsen (WWL), Eukor, American Roll-on Roll-off Carrier (ARC) ...