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News – Page 151
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FeatureGartner rankings highlight trend towards digitalisation
This year’s supply chain rankings from research and advisory firm Gartner have shown little change as far as the automotive sector is concerned but highlight digitalisation as one of the key trends accelerating companies’ capabilities.BMW remains at 22nd in the list of the top 25 companies, which seeks to identify ...
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FeatureMercedes-Benz’s Rastatt plant to produce compact EQ model
Mercedes-Benz has announced that its Rastatt plant in Germany will produce the compact class of the EQ range of electric vehicles.The 25-year old facility is the lead plant worldwide for the production of Mercedes-Benz compact cars. More than 300,000 A-Class, B-Class and compact SUV GLAs rolled off its production lines ...
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FeatureUPS joins forces with China’s SF Holding
Global courier company UPS and China’s SF Holding have agreed to establish a joint venture for international delivery services, initially from China to the US.“This joint venture will support products that provide competitive benefits to our Chinese customers who trade or seek to trade internationally,” said Ross McCullough, president of ...
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FeatureDuisport investing €15m in centre for DB Schenker to handle Mercedes van parts
DB Schenker will be handling the global distribution of parts for Mercedes-Benz Vans from a logistics centre being built for it at the inland port complex in Duisburg, Germany.Duisburger Hafen (Duisport), which operates the inland port, is investing €15m ($16.8m) on the development which will involve a 25,000 sq.m industrial ...
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FeatureFord announces further leadership changes
Ford has announced a swathe of further global leadership changes, just days after Jim Hackett was named as the carmaker’s new president and CEO.The changes have also been made to support the newly appointed leaders of the revamped organisational structure, which includes global markets, global operations and mobility.Hau Thai-Tang (pictured) ...
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FeatureDICV exports 10,000th truck from India
Daimler India Commercial Vehicles (DICV), part of Daimler Trucks Asia, has exported its 10,000th truck from the port of Karmarajar, near Chennai, on an MOL vessel. The vehicle in question was a 40-ton heavy-duty tractor destined for Indonesia and was part of a consignment of 250 trucks on the way ...
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FeatureGefco 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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FeatureHub Group adds dedicated trucking arm with $306m Estenson purchase
US-based multimodal services provider Hub Group has agreed to acquire dedicated trucking company Estenson for $306m.Hub chairman and CEO David Yeager said his company had been searching for an acquisition in this market segment for the past two years, to help it provide “a more complete multimodal solution”.Hub’s top 30 ...
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FeatureVolvo kicks off China-Europe rail service for S90 exports
An initial shipment of Chinese-built Volvo S90s arrived by train in Zeebrugge, Belgium this week, making Volvo Cars the first carmaker to export China-made vehicles to Europe using rail.The shipment, which will be followed by a regular service according to Volvo, is a significant development in turning the Geely-owned Swedish ...
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FeaturePart shortage limits BMW production around the world
BMW has been forced to limit or stop vehicle production at several of its facilities globally this week after tier one supplier Bosch was unable to provide a sufficient number of steering gears to the German carmaker.Various plants in Germany were affected, while the Tiexi plant in China and Rosslyn ...
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FeatureDaimler signs major service contract with Demag
Daimler has recently signed a major service contract with equipment supplier Demag for the maintenance of lineside lifting equipment at four of its plants in Germany.Demag, which became part of Konecranes Group last year, will inspect and maintain more than 10,000 cranes and hoists, along with more than 23,000 load ...
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FeatureUSC 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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FeatureOfficials get traffic moving at storm-hit Laredo border crossing
Officials on both sides of the US and Mexican border have diverted traffic and had partially opened the World Trade International bridge just days after a storm caused significant damages at the vitally important Laredo crossing and forced authorities to stop operations. On Thursday, officials at the Laredo Police Department ...
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FeatureDaimler breaks ground on new battery factory
Daimler has held the groundbreaking ceremony for a new €500m ($559m) battery factory in Kamenz, Germany as the company targets the inclusion of more than 10 all-electric passenger cars in its portfolio by 2022.“The automotive industry is facing a fundamental transformation and we see ourselves as the driving force behind ...
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FeatureAudi 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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FeatureBMW Brilliance puts technology first in China plant expansion
New technology is at the centre of a €1 billion ($1.1 billion) expansion of BMW’s joint venture plant with Brilliance Automotive in Dadong, China. The expansion includes a networked production system based on industry 4.0 applications, as well as mobile smart devices and supporting ‘exoskeletons’ for workers.BMW Brilliance Automotive opened ...
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FeatureChina approves JAC-VW electric vehicle production plan
The China National Development and Reform Commission (NDRC) has given final approval for local carmaker JAC and Germany’s Volkswagen Group to jointly produce a new brand of passenger electric vehicles in the country.The two companies first signed a memorandum of understanding for an electric vehicle partnership back in September.A statement ...
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FeatureGeely chosen as Proton’s strategic partner
Chinese carmaker Geely will take a 49.9% stake in Malaysia’s Proton group, as well as a 51% controlling interest in luxury car brand Lotus as part of a deal with DRB-Hicom Group.Under a $360m bailout agreement signed with the Malaysian government last year, the carmaker was required to find a ...
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FeatureSchenker helps Schuler deliver press to Detroit
Industrial press manufacturer Schuler has worked with logistics provider Schenker Deutschland to secure the delivery of a 106 ton hydraulic press from its facility in Erfurt to the Institute for Advanced Composites Manufacturing Innovation (IACMI) research facility in Detroit, Michigan.The press, which can exert a force of 4,000 US tons, ...
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FeatureGM restricts production in India to exports and exits South Africa after 90 years
General Motors has announced further restructuring of its international businesses, including moving to an export-only production model in India and exiting the South African market altogether.Poor sales, margins and a lack of scale in the supply chain have contributed to the decisions. They follow a recent pattern at GM of ...