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News – Page 309
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FeatureExecutives on the move
Greg May, who left his position as president of leading US car carrier Jack Cooper Transport last August, has moved into a new role as president and CEO of Car Delivery Network (CDN). CDN provides real-time information on outbound vehicle movements via cloud-based applications for shippers and carriers. May said ...
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FeatureCar boost to Russian Baltic ports
The ports of St Petersburg and Ust-Luga have shown dramatic growth for direct imports over the last year with significant investment now being made to meet demand. St Petersburg recorded that its fastest growing import was finished vehicles in 2011 and Third Stevedoring Company, which is part of Vladimir Lisin's ...
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FeatureRenault renews contract with Ceva in Brazil
Ceva Logistics has signed a two-year extension to its contract with Renault in Brazil for the receipt, storage and consolidation of parts for export to France, Argentina, Mexico, Romania, Colombia and South America. Ceva is dedicating a 4,000-square metre area at its site in São José dos Pinhais, Parana, ...
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FeatureGlobal round up
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FeatureItalian transport strike closes Fiat plants
Fiat has been forced to close all five of its plants in Italy because of a transport strike that has been running for three weeks and which has prevented the delivery of finished vehicles that are now filling storage lots at facilities as well as compounds around the country. The ...
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FeatureUPS to buy TNT Express for $6.8bn
United Parcel Service (UPS) has reached an agreement on its offer for ownership of TNT Express that, once approved, will create a global integrated logistics network with more than $60 billion in annual revenues. UPS raised its cash offer of €9.50 ($12.50) per share to secure the deal and is ...
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FeatureEU should use transport investment for growth
Members of the European Parliament and policymakers from the European Commission have made calls to use investment in transport infrastructure and intelligent systems as a means to encourage economic growth in the European Union. The remarks have come on the eve of a budget decision in the European Parliament that ...
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FeatureMexico to cut vehicle exports to Brazil
Mexico has agreed this week to cut future vehicle exports to Brazil following a threat to the future of the ten-year old trade deal between the two countries that gives them preferential access to each other's car markets. The latest development follows a request by the Brazilian government that ...
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FeatureGM reveals figure for PSA stake
Further details have come to light on the cost-saving alliance announced at the end of February between General Motors and PSA Peugeot-Citroën. According to news service Reuters, GM has made a regulatory filing with the US Securities and Exchange Commission, in which the carmaker states it will pay €320m ($423m) ...
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FeatureGlobal round up
Groupe CAT wins Ssangyong contract in UKTransport and logistics provider Groupe CAT is providing Ssangyong with technical services for vehicle imports to the UK through the port of Bristol at Portbury following a contract signed in February. Onward distribution to the dealerships in the UK will be handled by CAT's ...
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FeatureToyota promises stronger supply chain by autumn
One year after the devastating earthquake and tsunami that hit Japan, and which hit global automotive production for six months afterwards, Toyota has announced that it is putting in place a more resilient supply chain by this autumn. The new strategy will allow it to recover within two weeks ...
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FeatureFord exports help build India output
Ford's sales figures in India, combined with its exports to overseas markets, reached just under 10,500 units in February. The results build on a total for last year that saw 120,000 in domestic sales. The carmaker exported 30,000 vehicles last year, approximately 20% of its local output. The February result ...
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FeatureGefco extends service for Dacia
Gefco has renewed its multimodal logistics service for Romanian carmaker Dacia, which combines road and rail shipments to move vehicles from the carmaker's plant in Pitesti, Romania to the Italian market. Gefco will now be able to also utilise the assets of Gruppo Mercurio, for vehicle movements in Italy following ...
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FeatureExecutives on the move
Ceva Logistics has appointed Giuseppe Chiellino as managing director for the company's business in Italy. Chiellino will be in charge of all contract logistics and freight management activities and report to Gianfranco Sgro, Ceva's president of Southern Europe, Middle East and Africa. Ceva has a number of automotive contracts in ...
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FeatureGlobal Vehicles loses dispute with Mahindra
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FeatureGMSA begins Isuzu exports to Kenya
General Motors South Africa exported its first shipment of Isuzu KB light commercial vehicles to Kenya last weekend, the latest market for the company's right-hand drive versions of the vehicle, which is already exported to Mozambique, Zimbabwe, Zambia, Malawi and Mauritius. Isuzu already has a 30% share of Kenyan LCV ...
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FeatureGaz reaps the benefits of paying on time
Russia's largest commercial vehicle maker Gaz is working to improve its logistics processes as part of an ongoing overhaul of operations designed to cut its high debt ratio and build on an impressive return to profitability since 2008. Under the leadership of president and CEO Bo Andersson (pictured), formerly global ...
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FeatureGM-PSA could benefit from Gefco footprint
Last week's news that GM is taking a 7% stake in PSA Peugeot-Citroën and will establish "a strategic, commercial cooperation" with PSA's logistics subsidiary means that both carmakers could potentially increase sales opportunities in markets beyond Europe. The new deal also offers Gefco the opportunity to benefit from economies of ...
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FeatureBrazil seeks review on Mexico trade pact
Brazil has made it known that it wishes to renegotiate a trade agreement it has with Mexico, bringing forward from 2020 to 2015 the possibility of trade in heavy vehicles. The Complimentary Economic Agreement (ACE) first appeared in 2003 and has resulted in bilateral automotive businesses growing from little more ...
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FeatureExecutives on the move
Takashi Nagai is moving from his position as president and CEO of Honda Siel Cars India (HSCI) and “is expected” to take up a new role in Japan as president and representative director of Honda Logistics. As of the beginning of April he will be ...