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News – Page 221
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FeatureCox Automotive pays $4 billion for Dealertrack Technologies
Cox Automotive is buying software services provider Dealertrack Technologies for $4 billion. The US-based e-commerce provider is expected to close the buyout in the third quarter of this year. Dealertrack provides software services for dealerships and other automotive retailers.“This is a great investment in our customers and in the auto ...
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FeatureGefco reports positive results for Algeria business
Gefco has reported that its subsidiary in Algeria, which was established last year, made a turnover of €5m ($5.8m) in 2014. Algeria is Africa’s second largest automotive market.Gefco Algeria has established two vehicle distribution centres in the country, at Mostaganem and Boufarik. The 5-hectare Boufarik facility, which is near the ...
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FeatureYusen adds LCL service for automotive between China and Japan
Yusen Logistics’ division in China has launched a direct less-than-container load (LCL) service between China and Japan for the delivery of automotive parts.The service, which began in May, is running between Nansha, a district of Guangzhou, to Tokyo and Nagoya and has reduced the lead time on deliveries to 10 ...
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FeaturePeter Maybury retires from Freightliner
Peter Maybury, chairman of UK rail freight provider, Freightliner Group, has announced his retirement from the company.He joined Freightliner in 1997 shortly after its privatisation following a 23-year career with Ford and led the commercial development of the container division, becoming, commercial director for the Intermodal business.In 2005 Maybury moved ...
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FeatureEuropean car sector benefits from Q1 sugar rush but outlook is more modest
Vehicle sales growth across Europe in the first quarter is up more than 7% according to industry analyst LMC Automotive, with all major markets outside of Russia having made progress at the beginning of 2015. And it is likely to stay that way this year. The reduction in oil prices, ...
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FeatureLogistics providers to move into former GM Flint warehouse
Logistics providers Martin Transportation Systems (MTS) and its warehousing affiliate Bay Logistics are to take up residence at GM’s former warehouse facility in Flint Michigan. The trust handling the property, RACER Trust (Revitalizing Auto Communities Environmental Response), has sold the 176,000 sq.m facility to Johnson Enterprises, which will own ...
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FeatureGorlier adds components role to responsibilities at FCA
Fiat Chrysler Automobiles (FCA) has appointed Pietro Gorlier (left) as its chief operation officer for Components, replacing Eugenio Razelli who has chosen to leave the company. Gorlier will take up the new responsibilities at the end of June this year while retaining his role as president and CEO of Mopar ...
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FeatureRussian distributors break contracts with PSA Peugeot-Citroën
On top of the sharp drop in vehicle sales in Russia this year, PSA Peugeot-Citroën has faced additional problems because 20% of its distributors have abandoned their contracts with the carmaker.According to the Russian Automobile Dealers Association (RADA), the French carmaker has already lost dealerships in Bryansk, Kursk, Orel Oblast, ...
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FeatureKia starts roll out of import volumes in Mexico
In Mexico, the first Kia Motors' Sportage SUV models, which are due to be made available for sale as of July 1, have begun to arrive at the port of Veracruz.Small volume consignments have been shipped from Kia’s Zilina plant in Slovakia. They were delivered by Hoëgh Autoliners' Beijing and ...
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FeatureFVL conference: Worries over rail service and driver shortages
While sales and production of new vehicles in North America still growing, there are lingering worries that logistics options are not keeping up with volume or the higher complexity. Although the situation has improved somewhat this year, rail velocity and cycle times are still behind their historic levels, while a ...
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FeatureFVL conference: Driving on the marine highways
The US marine highways, including coastal shipping and inland waterways, cover 29,000 nautical miles, compared to the circumference of the world, at 24,901 miles. That scale shows the huge importance of the country’s waterways, arteries that remain highly under utilised in the general freight sector and especially the automotive industry. ...
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FeatureFVL conference: time is money in vehicle remarketing sector
Seasonal trends and regional buying habits in the used car market are a headache for transport companies looking to maximise efficiency and even profit on the backhauls of outbound new car deliveries. Used car movements remain largely reliant on regional truck haulers when often a national transport solution is needed. ...
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FeatureA tale of two seasons for North American vehicle logistics
The 6th annual FVL North America conference brought together 350 delegates to sunny California, where they discussed the lingering chill of winter affecting the logistics network, at the same time that sales and investment in the sector continue to sizzleAdditional reporting by Marcus Williams and Rachael HoggIt was the best ...
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FeatureWatch videos from FVL North America in California
Recordings are now available to view for free of primary sessions from the 6th annual Finished Vehicle Logistics North America conference in Newport Beach, California, where delegates gathered for three days of networking and information sharing. Watch the full sessions here from the plenary sessions, including presentations from the Federal ...
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FeatureFVL conference: VW’s revival plan depends on reliable logistics
The Volkswagen Group’s aggressive plans for plant capacity expansion and new model launches in North America, on which it is pinning its hopes to reverse declining sales in the US, will test the carmaker’s logistics network and logistics providers, according to Jan Bures (pictured left), executive vice-president of aftersales and ...
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FeatureFVL conference: rail providers and carmakers moving past the ‘angry phase’
Following nearly 18 months of considerable disturbances on the North American rail network, including severe weather issues, labour disputes and demand surges in unexpected areas, railroad providers are investing large amounts in rolling stock, infrastructure improvements and new track as they strive to meet demand and regain business lost to ...
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FeatureFVL conference: US car haulers renew call for weight exemption
The US car hauling industry’s long-running battle for a weight exemption in the next Highway Reauthorisation bill was raised in an impassioned plea during last week’s Finished Vehicle Logistics North America conference in Newport Beach, California. Mike Riggs (pictured, standing), chief executive officer of the biggest road transport provider ...
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FeatureFVL conference: The battle for quality
OEMs and logistics providers are naturally concerned about getting vehicles into the hands of customers without a single scratch. That is part of what has driven an increase in focus, data and communication across the supply chain, including the establishment and tracking of more KPIs and analysis into the cause ...
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FeatureEast Malaysian logistics hub is first step in Honda expansion plans
Honda’s division in Malaysia has opened a logistics hub in Kota Kinabalu in the east of the country which it said will cut vehicle delivery times to dealers there by a third. It is the first step in the carmaker’s expansion plans into the east of Malaysia, which were first ...