News – Page 123
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FeatureKerry Logistics acquires SAS
Third-party logistics provider Kerry Logistics has further extended its reach into the EMEA market with the acquisition of South African-based freight forwarder, Shipping and Airfreight Services (SAS).In a statement, Kerry highlighted the importance of South Africa as a manufacturing hub for the global automotive market.“South Africa’s economy has an important ...
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FeatureECG pilots seek to improve forecasting accuracy
Several pilot projects involving major automotive OEMs and logistics service providers (LSPs) are likely to get underway in Europe over the next few months in the latest stage of an initiative by the Association of European Vehicle Logistics (ECG) to tackle capacity shortages by improving forecasting methodologies.The aim is to ...
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FeatureToyota and Suzuki look at India and export markets
Japanese OEMs Toyota and Suzuki are to consider extending their 15-month-old business partnership to work together on sales, production and technological development, with a focus on India and its export markets.Ideas to be further evaluated include using Toyota Kirloskar Motor Private (TKM) to produce models developed by Suzuki for sale ...
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FeatureFord to make second model in Craiova
Ford is investing up to €200m ($235m) to manufacture a second vehicle at its Craiova assembly plant in Romania, saying the planned expenditure is a sign of the company’s trust in government promises to deliver key upgrades infrastructure and logistics improvements.“Ford has discussed with the government the key infrastructure projects ...
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FeatureManta becoming regional hub for finished vehicles
The northern Ecuadorian port of Manta is looking to expand its role as a hub for finished vehicles and this month reached its full storage capacity for transhipped vehicle volumes.Manta only began operating regularly in the transshipment market as of July last year but in the third week of May ...
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FeatureVehicle imports to Russia increase in the first quarter
Russia imported almost 67,000 finished vehicles during the first quarter 2018, up by just under 50% compared to the same period last year, according to a statement from the country’s Federal Customs Service. Imports over the period were equal to $1.65 billion.It is the first time in a decade that ...
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FeatureCarmakers and suppliers collaborate on containers
Honda, Toyota, GM, Nissan and Fiat Chrysler Automobiles (FCA) have joined forces with 12 medium to large tier suppliers, two logistics providers and the Automotive Industry Action Group (AIAG) on a data system providing accurate visibility over returnable containers at every stage of their movement between supplier and OEM.The Automotive ...
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FeatureFCA vehicles damaged by fire in Ohio
At least 20 new Jeep Wranglers have been damaged or destroyed in a fire at a storage lot in Toledo, Ohio. So far, the cause of the fire, which took place on Monday (May 21), remains unclear, though a report by local news source WTOL11 said fire investigators were treating ...
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FeatureChina cuts import tariffs on vehicles and parts
China’s Ministry of Finance has announced that import duty on foreign-made cars will fall from 25% to 15% with effect from July 1, with tariffs on automotive parts dropping from around 10% to 6%.The move delivers on a promise by China’s president Xi Jinping last month that the country would ...
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FeaturePunch and XPT join forces on EV powertrains
Punch Powertrain and start-up XPT have signed a joint venture (JV) agreement to establish a manufacturing plant in Nanjing, China, to supply “hundreds of thousands” of electric powertrains a year.The companies will invest €10m ($11.7m) on the factory to produce state-of-the-art transmissions solely for electric vehicles.“Design and development of current ...
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FeatureDaimler Trucks opens ninth parts centre in North America
Daimler Trucks North America (DTNA) has inaugurated its ninth parts distribution centre (PDC) in Grimes, Iowa, with the aim of providing a faster next-day delivery service for the aftermarket and a stronger focus on the customer.“With the opening of the PDC in Iowa, 80% of dealer order volume in the ...
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FeatureMercedes-Benz to build compact EV in France
Germany’s Mercedes-Benz Cars has chosen the Hambach factory in France as its base for assembly of a compact electric car under its EQ brand, part of a wider expansion of the company’s electric vehicle (EV) manufacturing capabilities.Preparations for the new model will start shortly, with around €500m ($585m) being spent ...
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FeatureYazaki given record fine over cartel conduct
Japanese parts supplier Yazaki has been ordered to pay an increased penalty of A$46m ($34.5m) by Australia’s federal court in respect of cartel conduct in the supply of wire harnesses used in the manufacture of the Toyota Camry.The decision follows an appeal by the Australian Competition & Consumer Commission (ACCC), ...
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FeatureFord restarts production after Meridian fire
Ford has resumed production of the F-150 and Super Duty pick-up trucks at its facilities in the US, following inbound supply chain disruption caused by a fire at its components supplier Meridian Magnesium Products earlier this month.The fire, which was followed by a number of explosions, took place at the ...
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FeatureWatch the Supply Chain Conference Live
The Supply Chain Conference – North America’s leading industry forum covering the automotive inbound and aftermarket parts sector – takes place in Atlanta, Georgia, this week. Two days of debate begin on Tuesday May 22 and will be streamed Live online.Click here to find out more about the conference, which ...
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FeatureClark seeks to reassure automotive sector on Brexit
British business minister Greg Clark (pictured) has suggested the UK government wants to avoid any new trade friction over the processing and transporting of automotive products with the European Union after Brexit, despite open disagreement among cabinet ministers over what sort of customs arrangement should be put in place. Clark, ...
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FeatureICO expands car terminal at Zeebrugge
NYK’s car terminal subsidiary, International Car Operators (ICO), has signed a concession agreement with the Belgian port of Zeebrugge for a 54-hectare expansion of the Bastenaken car terminal.According to ICO, the new terminal will cover 200 hectares, bringing the total at Zeebrugge to 300 hectares, and will connect Bastenaken with ...
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FeatureToyota logistics subsidiary buys Peach State
Bastian Solutions, the materials handling systems subsidiary of Toyota Advanced Logistics North America (TALNA), has acquired Peach State Integrated Technologies, a supply chain consulting, engineering and materials handling firm based in the US.“Peach State will greatly assist in our growth strategy, provide immediate strength to our company and ultimately help ...
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FeatureCarmakers still dealing with fallout from Meridian fire
Carmakers in North America are still being affected by inbound supply problems stemming from a fire that hit the Michigan facility run by a division of components supplier Meridian Lightweight Technologies at the beginning of May. The Magnesium Products of America plant makes instrument panel components.Ford’s output of the F-150 ...
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FeatureBNSF Logistics appoints Nancee Ronning as CCO
Nancee Ronning has taken on the newly created role of chief commercial officer (CCO) at BNSF Logistics, the third-party logistics subsidiary of North American rail company BNSF.Ronning was previously president of commercial printing and packaging company, Print Craft, and before that worked in strategic sales, marketing and account management at ...