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News – Page 157
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FeatureCaterpillar plant closures prompt global changes in supply pattern
Construction and mining equipment maker Caterpillar is closing plants in the US and Europe with a combined loss of around 2,800 jobs, in reaction to a drop in demand in the construction, mining and energy industries.Products made at the plants, in Aurora, Illinois and Gosselies, Belgium, will be shifted to ...
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Logistics JV to connect Germany to Iran and Maghreb region
From left: Herbert Robel (director, Andreas Schmid Logistik), Tom Rosman (managing director, Militzer & Münch), Alfred Kolb (owner and chairman, Andreas Schmid Logistik), Dr Lothar Thoma (CEO, Militzer & Münch) and Gianluca Crestani (director, Andreas Schmid Logistik)Logistics providers Militzer & Münch and Andreas Schmid Logistik have formed a transport ...
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FeatureLogistics providers recognised in GM supplier awards
General Motors has once again recognised the services of its logistics providers at its annual Supplier of the Year awards, held in Orlando, Florida, on March 31st.Out of the 118 global tier suppliers from 15 countries that received awards for products and services in 2016, 11 were from the global ...
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FeatureWallenius Wilhelmsen Logistics begins trading on Oslo stock exchange
Wallenius Wilhelmsen Logistics ASA (WWL ASA) began trading on the Oslo stock exchange – the Oslo Børs – on Wednesday (April 5), following completion of the ownership merger announced in September last year.The company, which is worth 17.9 billion krone ($2 billion), said it was among the 10 largest listed ...
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FeatureSurvey 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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FeatureOntario 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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Lázaro Cárdenas handles consignment of over 550 BAIC vehicles
The Mexican Pacific Coast port of Lázaro Cárdenas took delivery of a major consignment of over 550 imported BAIC finished vehicles at the end of March.The port handled its first-ever shipment of vehicles on behalf of the Chinese state-owned enterprise in March last year, when it imported 163 D20s that ...
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Seat holds second logistics innovation event at Martorell factory
Spanish carmaker Seat held a two-day logistics innovation event last week at its Martorell factory in Spain at which ten suppliers presented the latest in robotic and drone technology for inventory management, handling and delivery to the assembly line.The event, held at the carmaker’s logistics innovation centre at the factory ...
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FeatureTradisa 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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FeatureChanges at the top for Renault-Nissan Alliance supply chain
Frans Kroon (pictured) has been promoted to deputy alliance global director of strategy and planning for global alliance supply chain management at Renault Nissan, moving from his position as vice-president of Alliance Logistics Europe. Marc Dardanelli has succeeded Kroon in the logistics function.Kroon’s position is a renewed role across the ...
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FeatureGefco appoints Tony Gunn as head of freight forwarding
Tony Gunn has been recruited as executive vice-president of Gefco’s freight forwarding division. He moves from his previous role at XPO Logistics as managing director of Europe and brings 25 years of experience in the logistics sector.Gefco said his role would be to strengthen profitable growth in the company’s freight ...
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Yusen Logistics launches TSG and renames warehouse division
Third-party logistics provider Yusen Logistics (Americas) has set up a group to provide customised cross-border and associated consolidation as well as transport services between the US and Mexico.According to the company, the Transportation Solutions Group (TSG) will focus on three areas. The first is the provision of “specialised and niche” ...
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FeatureHonda 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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FeatureGrupo 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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FeatureNeptune Lines adds service between Europe, UK and Ireland following Renault contract
Short-sea operator, Neptune Lines, is adding a new ro-ro service between northern Spain, France, the UK and Ireland following a contract with Renault.The company is dedicating two vessels to a direct, weekly service that it said would also serve all major customers in the region, covering vehicles, high and heavy ...
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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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FeatureEkol 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 ...