News

  • Joint ventures

    News » Ford to build electric vehicles in China with Zotye Auto

    August 22nd 2017 Ford Motor Company has signed a memorandum of understanding with China’s Anhui Zotye Automobile to explore a joint venture for the manufacture of a new brand of all-electric vehicles in the Asian country. “The potential to launch a new line of all-electric vehicles in the world’s largest auto market is an exciting next step for […]
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  • Rail security

    News » KCS Laredo facility will speed secure rail shipments between Mexico and US

    August 22nd 2017 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 has been built by […]
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  • Systems security

    News » Maersk estimates cost of NotPetya cyber-attack at $200m-300m

    August 22nd 2017 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 year to the end […]
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  • People moves

    News » Alexander Kohnen takes up top role at time:matters

    August 21st 2017 Lufthansa Cargo’s air charter division, time:matters, has appointed Alexander Kohnen as its managing director of strategy and sales. Kohnen, who has been with time:matters for more than 16 years, moves from his role as senior director of industry development and product management with the company, and will take up the new role in the middle […]
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  • Vehicle distribution

    News » Yusen Logistics opens new site in Myanmar for CKDs and finished vehicles

    August 21st 2017 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, and will also provide […]
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  • Parts distribution

    News » Syncreon expands US warehouse facilities to support FCA

    August 18th 2017 3PL Syncreon is expanding its parts warehouse facilities in Temperance, Michigan and Toledo, Ohio to support inbound services for vehicle assembly at FCA’s plant in Toledo. The 3PL’s operations in Temperance and Toledo work together to handle parts from suppliers feeding the FCA plant, which makes the Jeep Wrangler. Syncreon said it would be grouping parts, […]
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  • Government policy

    News » UK proposes retaining free-flowing customs system after Brexit

    August 16th 2017 In a position paper released this week, the UK government has proposed an interim arrangement after the Brexit cut-off date in 2019 that would see the country continue to operate under the EU Customs Union until a new trade deal between the parties is negotiated. “The approaches we are setting out today will benefit both […]
  • Mergers and acquisitions

    News » Descartes Systems buys tracking and forecasting company Macropoint

    August 16th 2017 Canada-headquartered logistics software company Descartes Systems Group has acquired truck tracking and freight forecasting provider Macropoint for $107m in cash and shares. US-based Macropoint runs a connected network of over 2m trucking assets and drivers. It connects trucks using on-board electronic devices, transport management systems, GPS-enabled smartphone applications and location-based mobile phone triangulation. “With leading […]
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  • People moves

    News » Rodrigo de Paula revelling in new Lynk & Co logistics role

    August 16th 2017 Former director of outbound operations at Volvo Cars, Rodrigo de Paula (pictured), has said he is looking forward to implementing a number of interesting projects and new ideas in his new role as director of logistics operations at Lynk & Co. The Brazilian national joined the carmaker in June on the back of a wider […]
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  • Port throughput

    News » Pasha secures Grays Harbor deal to process FCA imports from Mexico

    August 16th 2017 Pasha Automotive Services has secured a contract starting this summer to process Fiat Chrysler Automobiles (FCA) finished vehicles imported into Grays Harbor, on the US west coast, from the port of Lázaro Cárdenas in Mexico. John Pasha, senior vice-president of Pasha Automotive Services, said: “FCA US has been a long-time customer, and it is an […]
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