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News – Page 225
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Feature
Toyota to capitalise on supply efficiencies at latest Mexican plant
Toyota said last week that it is to build a $1bn manufacturing facility in Guanajuato, central Mexico to build the Corolla. The move is part of a broader initiative at Toyota to drive supply chain efficiencies between plants and the company said that production of the Corolla in Mexico would ...
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FeatureGefco reports ‘satisfactory results’; pushes on in Russia
Gefco has released financial results for 2014 that show a turnover of €4.1 billion ($4.4 billion), a 1.5% rise in turnover on the previous year. According to the transport and logistics provider current operating profit stands at €105m, a 10.5% increase on 2013.Gefco executives highlighted the strength of the results ...
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FeatureChina Railway ‘Going Out’ with Kerry Logistics
China Railway Import and Export Company and Kerry Logistics (China) have signed a strategic cooperation agreement in Beijing to combine networks and “explore new growth opportunities” in China and other markets.China Railway is a state-owned foreign trade company and has carried out a number of projects including railway operations and ...
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FeatureChallenges and opportunities for automotive logistics in China
“We look at the weather to see how we dress, so we should look at the macro-economic situation to see how we should do business. We should no longer resist change.” This was the key message from Zuo Xinyu, general secretary, China Automotive Logistics Association of CFLP at the recent ...
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FeatureBosal leases additional warehousing space in Hungary
Parts and accessories maker Bosal has leased a logistics facility at the Goodman Kecskemét Logistics Centre in central Hungary. The 7,700 sq.m facility, provided by commercial property developer Goodman, will be used to house surplus stock as part of increased production there. The company supplies material to the nearby Daimler ...
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FeatureBaltic seaports hit by fall in vehicle and parts imports to Russia
Ports with automotive terminals on the Baltic Sea have reported losses because of the sharp drop in car and components imports to Russia after the last year’s devaluation of the Russian ruble. Market analysts warn that any further decrease in supplies could result the potential closure of the automotive terminals ...
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FeatureWWL launches second HERO vessel
Wallenius Wilhelmsen Logistics (WWL) has launched its second post-panamax vessel, which has capacity for 8,000 car equivalent units (CEUs). Called the Thalatta, the vessel is described by WWL as a High Efficiency RoRo (HERO) vessel and joins the Thermopylae, which was launched in December last year. WWL is introducing eight ...
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FeatureChina's 'One Belt, One Road' strategy under the 'new normal'
After decades of double digit growth, China is now pursuing an economic model based on slower but more sustainable economic development with a focus on upgrading industry standards and building connections with global markets. The annual growth rate in the economy last year was 7.4% – and 7% in the ...
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FeatureNYK’s Naito stresses need for a rational approach to logistics investment
NYK Line’s new president, Tadaaki Naito (pictured), who was appointed to the role last week, has reaffirmed the company’s commitment to look at business diversification and expansion into logistics, something he described as essential for continued growth in the 21st century.Speaking last Thursday (16 April) at his inauguration, Naito said ...
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FeatureSitko moves from PACCAR’s parts business to MD role at Leyland
Bryan Sitko has moved from his role as operations director for the Parts Europe division of truck group PACCAR to take up a new role as managing director of Leyland Trucks, one of the divisions of the group."This is a great opportunity and I am very much looking forward to ...
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FeatureCheaper imports crushing Vietnamese auto manufacturing
Carmakers in Vietnam are switching to imported vehicles to satisfy consumer demand, which is reported to be threatening the existence of domestic manufacturing in the country.Consumers are increasing showing a preference for imports because of perceived higher quality and lower prices. Thailand, in particular, has found the Vietnamese market to ...
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FeatureChina conference: building the road to logistics quality
Slower growth but higher quality products, logistics and service. For the third straight year, speakers at the Automotive Logistics China conference – including Liu Xilong, deputy director of the economic operation bureau for transport and logistics at China’s influential National Development and Reform Commission (NDRC, pictured) – have pointed to ...
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FeatureMenlo Logistics expands aftermarket activity in India
Logistics, transport and supply chain services provider, Menlo Logistics, has moved its aftermarket spare parts activity in India to a bigger facility in Dharuhera, New Delhi.From there the company, which is a subsidiary of transport and logistics provider Con-way, said it will provide enhanced services at a 3,900 sq.m facility ...
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FeatureHonda shifts Accord hybrid production from US to Japan
Amongst a number of changes to its North American production, American Honda has announced it is shifting assembly of the Accord hybrid from its US plant in Marysville, Ohio to the Sayama plant in Japan.In March this year the company sold a total of 948 hybrid versions of the Accord, ...
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FeatureVan der Vlist makes high and heavy moves around Europe
Specialist logistic and forwarding provider Van der Vlist has recently moved a number of Caterpillar material handling machines from the equipment maker’s production facility in Northern Ireland to Van der Vlist’s storage facility in Zeebrugge, Belgium. Van der Vlist uses its facility near the port as a Caterpillar distribution centre, ...
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FeatureFord launches fleet telematics system in UK with Telogis
Ford is launching a real-time fleet telematics system in the UK with its technology provider Telogis for the carmaker’s commercial customers. Ford Telematics uses real-time information from Ford vehicles to give businesses insight into vehicle location, driver behaviour and fuel consumption, amongst more comprehensive data.Announcing the technology at this week’s ...
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FeatureFord Sollers bucks the idling trend in Russia
Ford’s joint venture with Russian vehicle maker Sollers has started production of the latest Ford Mondeo model at the Vsevolozhsk plant near St Petersburg. It said it was the first of four new models being introduced to the Russian market this year, including new Focus and Fiesta models. The Focus ...
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FeatureGM dampens claims that unsold Volts are behind production stop
GM has made a cautious response to claims in the The Wall Street Journal (WSJ) that US production of its hybrid Volt is being suspended from next month because of inordinate inventory levels at the dealerships.The WSJ said that GM would stop production at the Detroit-Hamtramck plant in Michigan next ...
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FeatureCheaper imports crushing Vietnamese auto manufacturing
Carmakers in Vietnam are switching to imported vehicles to satisfy consumer demand, which is reported to be threatening the existence of domestic manufacturing in the country.Consumers are increasing showing a preference for imports because of perceived higher quality and lower prices. Thailand, in particular, has found the Vietnamese market to ...
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FeatureChuck Kendig takes over vehicle logistics role at American Honda
Following the news that Dennis Manns has moved to take up a new role at American Honda as vice-president of dealer development, it has been revealed that Chuck Kendig (pictured) has stepped into the vacant role and will now be assistant vice-president (AVP) of sales and production planning, logistics.According to ...