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News – Page 170
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FeatureKKR offers $4.5 billion for Calsonic Kansei after agreeing to buy Nissan’s stake
American private equity group KKR has agreed to purchase Nissan’s 41% in Calsonic Kansei and, at the same time, offered to buy the remaining shares in the Tokyo-listed parts manufacturer, valuing it at almost ¥500 billion ($4.5 billion).Nissan will receive about $1.85 billion for its interest and KKR’s offer of ...
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FeatureVillalon takes on acting president role at APL Logistics following Simon's departure
William Villalon (left), who was senior vice president at APL Logistics, the global cargo transport and logistics provider, has taken on additional responsibilities as acting president at the company.The appointment follows the departure of Beat Simon who a spokesperson for the company said is leaving “to pursue new career objectives”. ...
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FeatureEkol’s Alternative Transport launches sixth ro-ro vessel
Alternative Transport, the maritime ro-ro division of Turkish transport and logistics provider Ekol Logistics, has launched its sixth vessel at an event in Flensburg Germany. The vessel, named Meleq, will join the fleet in February next year and provide services between Turkey and Italy.The 210-metre long Meleq, which was was ...
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FeatureAvtovaz calls for strategic alliance in Russia to deal with parts costs
Russia carmaker Avtovaz has suggested the creation of a common components platform that would be shared by domestic carmakers and parts suppliers in an effort to cut the burden of production and logistics costs.The carmaker recently sent a proposal to the government in which one of the possible options for ...
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FeatureBMW and logistics automation: from prototype to (augmented) reality
The premium carmaker is taking a step-by-step approach to bringing smarter automation and digital technology into its day-to-day operations, with big plans for the future. BMW’s senior logistics managers are pushing new technology into the carmaker’s supply chain, with a number of pilot projects involving automated guided vehicles (AGVs), robots ...
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FeatureEmirates freight division launches SkyWheels service
The freight division of Emirates airline, Emirates SkyCargo, has launched a service dedicated to classic, luxury and sports car moves called Emirates SkyWheels.The service covers door-to-door transport of vehicles, including collection and delivery overseas, as well as export and customs clearance at both ends of the route. As well as ...
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FeatureMichelin picks Kuehne + Nagel to manage Polish warehouse
Logistics provider Kuehne + Nagel has taken over the management of Michelin’s logistics centre in Warsaw, Poland as part of a global contract logistics ‘master agreement’ recently signed between the two companies.Kuehne + Nagel is bringing in a new warehouse management system and will use it to manage receipt and ...
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FeatureChanging trade agreements in the spotlight after US election
A week after Donald Trump’s surprise victory in the US presidential election, automotive manufacturers and experts are still piecing together what his new administration could mean for vehicle production, trade and investment across North America and beyond.Global trade deals with the US seem likely to fall back in priority or ...
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Tesla planning battery ‘gigafactory’ in Europe
Following its buyout of Grohmann Engineering last week, electric vehicle maker, Tesla, is looking for a site in Europe to build a lithium-ion battery ‘gigafactory’ similar to the one it is currently building in Nevada, in the US.CEO Elon Musk made the announcement at a press conference in Germany last ...
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FeatureKrishnakumar joins GAC Shipping India
The Indian division of logistics and marine services provider GAC Shipping has recently appointed C Krishnakumar (pictured) as the general manager of logistics services at its Chennai office. Krishnakumar moves there from Caravel Logistics and will be responsible for the growing demands for services in the automotive and pharmaceutical industries ...
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FeatureFord boosts design and development with $195m Chennai hub
Ford has announced plans to bolster its engineering, IT and supply chain skills in India with a new product development and business centre in Chennai. The $195m investment is expected to increase India’s role as an export centre, as well as a stronghold for data and analytics – including in ...
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FeatureGothenburg increases vehicle traffic in both directions
Finished vehicle numbers at the Swedish port of Gothenburg rose by 24% in the first nine months of this year, to 176,548 units. In the most recent quarter (July-September), growth was 15%, with 56,000 cars passing through the port.“Volvo is selling more cars than ever before and the shipping of ...
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FeatureWWL and Eukor settle with Brazil’s competition regulator
Wallenius Wilhelmsen Logistics (WWL) and sister company Eukor Car Carriers have agreed to pay fines totalling 28.6m reais ($8.8m) to Brazil’s competition regulator as settlement in a probe into alleged anti-competitive behaviour in the car-carrying industry.The news was released within the third quarter results announcement by holding company Wilh. Wilhelmsen ...
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FeatureGefco confirms £10m logistics centre near Halewood, UK
Gefco’s division in the UK is investing £10m ($12.4m) in a logistics solutions centre close to Halewood, near Liverpool, in the north-west of England.A spokesperson for the company confirmed that the 12,000 sq.m site would serve tier one UK customers and OEMs but said that, as per the terms of ...
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FeatureIndia’s Car Carrier Association vows to support new restrictions
India’s Car Carrier Association (CCA) has passed a resolution calling for all 65 of its independent car haulier members across the country to comply with the new Central Motor Vehicle Rules (CMVR) on car transporters.The CCA’s membership accounts for 95% of the 15,000-plus car transporter fleet in the country.The resolution ...
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FeatureEstonia signs up to electronic consignment note protocol
Estonia has joined ten other European countries in adopting the e-CMR (electronic consignment note) protocol, allowing for easier and more efficient shipping of goods in the EU.Umberto de Pretto, secretary general of the International Road Transport Union (IRU), said: “This latest accession to e-CMR by Estonia is an important new ...
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FeatureIndia conference report: Looking for the next leap forward
India’s automotive industry is set to become the third biggest in the world but its growth is testing the infrastructure to the limit and bringing a high level of complexity to the supply chain. There are also big changes ahead related to tax policy and equipment legislation, which bring their ...
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FeatureEckl leaves Ford after four decades for Tablogix
Alfred Eckl (pictured), operations manager parts supply & logistics at Ford Europe, has left the firm after 44 years to join Russian logistics company Tablogix as its business development director.Eckl first joined Ford in Germany as an apprentice in 1972, going on to work in the quality control department in ...
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FeatureIndia conference: From stockyards to value-added hubs – at a price
For nearly a decade, manufacturers and logistics providers in India have anticipated that the eventual implementation of a Goods and Service Tax (GST) would open up opportunities for ‘hub-and-spoke’ distribution patterns, including more efficient transport to dealers and the use of more multimodal transport.With GST finally on the horizon, logistics ...
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FeatureIndia conference: Ashok Leyland gets rational about logistics
Indian commercial vehicle manufacturer Ashok Leyland has not been waiting until the Goods and Service Tax (GST) comes into effect next year across India to make major changes to its logistics and distribution network.Over the past two years, the truckmaker has rationalised its distribution centres and logistics provider base, introduced ...