All News articles – Page 148
-
FeatureStena Line to introduce larger ships on Rotterdam-Harwich route
Stena Line plans to replace the two vessels currently servicing its Rotterdam to Harwich route with two larger ships, due to increased demand.The ro-ro ships Capucine and Severine, which operate twice daily from Europoort in the Netherlands to Harwich in the UK, will be replaced by the larger vessels MV ...
-
FeatureGentry-Stuenkel to lead supply chain at FCA US; Brazeau takes on combined logistics role
Wendi Gentry-Stuenkel (pictured) is now head of supply chain management at FCA – North America, assuming the company’s top supply chain role in the region with responsibilities for volume planning and logistics as well as a number of other cross-functional tasks. She replaced Steve Beahm with effect from June 30th, ...
-
![Liberty House Group acquires Amtek UK (2)[1]_opt](https://d3n5uof8vony13.cloudfront.net/Pictures/100x67/4/5/6/18456_Liberty-House-Group-acquires-Amtek-UK-21_opt.jpg)
FeatureLiberty House buys parts supplier Amtek UK out of administration
Liberty House has acquired the assets of manufacturer Amtek Aluminium Castings and King Automotive Systems (Amtek UK) from administrators PWC in a rescue deal for an undisclosed sum.Amtek UK, a cast aluminium engine and components supplier to carmakers, has two plants in the West Midlands and one at Witham, in ...
-
FeatureNew UK customs system may not be ready in time for Brexit
The UK Audit Office has warned in a report this week that while progress has been made in designing and developing the new Customs Declaration Service (CDS), there is a risk its full functionality and scope will not be in place by the time the UK leaves the EU in ...
-
FeatureUK extends financial support for export trade to supply chain SMEs
The UK’s Department for International Trade (DIT) has said it will provide government-backed financial support to supply chain companies involved in exporting goods from the country, including those from the automotive sector.The UK’s export credit agency, UK Export Finance (UKEF), which works alongside the DIT, plans to help both exporters ...
-
FeatureChinese consortium bids $11.6 billion for Global Logistic Properties
Singapore’s Global Logistic Properties (GLP) has received a S$16 billion ($11.6 billion) takeover offer from a consortium of Chinese investors, in what would be the biggest private equity buyout of an Asian company by enterprise value.GLP, which owns and operates a global portfolio of 55m sq.m of space, announced a ...
-
FeatureFedEx admits TNT hasn’t fully recovered from June’s cyber-attack
Global courier company FedEx has admitted that its subsidiary TNT Express is continuing to suffer from the effects of last month’s cyber-attack. The firm is still processing some transactions manually, it said, and some data may never be fully recovered.“All TNT depots, hubs and facilities are operational and most TNT ...
-
FeatureKumar replaces Ramakrishnan as head of SCM at Honda Cars India
PR Ramakrishnan (pictured) has retired from his role as general manager of supply chain management at Honda Cars India after almost 10 years in the company.Honda Cars India has not officially confirmed it but Automotive Logistics understands his replacement to be Udit Kumar, who moves from his role as divisional ...
-
FeatureNafta document shows US wants to retain tariff-free trade
A summary of the US’s objectives in upcoming negotiations over the North American Free Trade Agreement (Nafta) has highlighted a clear desire to retain tariff-free trade arrangements with Canada and Mexico.Though the summary highlights a reduction of the country’s two large trade deficits with its North American partners as the ...
-
FeatureMexican ports report boom in vehicle traffic
Mexico's ports saw a 42% increase in finished vehicle traffic in the first five months of this year, figures from the country's Transport & Communications Ministry (SCT) have shown.During the period, total finished vehicle throughput reached 667,881 units, compared to just 470,350 units in January-May 2016.Ports in the Gulf of ...
-
FeatureMercedes-Benz names Untertürkheim as fourth battery production facility
Mercedes-Benz has revealed that its Untertürkheim plant in Germany will be its fourth global battery manufacturing facility.Currently, the six-facility plant in the Neckar Valley, near Stuttgart, produces internal combustion engines, transmissions and axles. The OEM already plans to develop the plant to manufacture electric vehicle powertrain components, however, including electric ...
-
FeatureMichelin opens £10m distribution centre in Stoke-on-Trent
Michelin has opened its £10m European distribution centre (EDC) in Stoke-on-Trent in the UK.The 53,500 sq.m facility, which will also host a national distribution centre (NDC) for Michelin’s tyre service company, ATS Euromaster, has been redeveloped to include 26 loading bays.Together, the two sites can handle more than 5m tyres ...
-
FeatureKuehne + Nagel fights off margin pressure in the first half of 2017
Earnings at Kuehne + Nagel (KN) in the first half of 2017 remained unchanged compared to the last year at 356m Swiss francs ($372m) – despite an 8.2% increase in net turnover to 8.8 billion Swiss francs. Gross profit during the period rose 3.7% to 3.38 billion Swiss francs.The company’s ...
-
FeatureHiraguri replaces Ballard in logistics role at Toyota Motor Europe
Jonathan Ballard has left Toyota Motor Europe (TME) after 25 years with the company. He was most recently director of production control – manufacturing support, logistics at the company.Toyota said Ballard had left on June 26th for personal reasons.“We regret this decision but thank Jonathan for his contribution to Toyota ...
-
FeatureGAC China to provide logistics services for luxury car imports
Chinese car importer, Shandong Hi-Speed Qingdao West Coast Port, has chosen GAC China, the logistics and shipping services provider, to handle receiving, loading and freight services for luxury European vehicle imports to Qingdao and Hong Kong.GAC China said it would be handling 3,000-4,000 cars shipped from the ports of Hamburg ...
-
FeatureJaguar Land Rover confirms E-Pace production will not be in UK
As part of the launch, a stunt driver completed a world-record barrel-roll jump over 15.3mJaguar Land Rover (JLR) has said its new Jaguar E-Pace compact SUV, launched on Thursday, will be produced in Austria and China – making it the first of its cars not to be manufactured in ...
-
FeatureRoyale opens Mexico office after fourfold rise in parts shipments
Time-critical shipment specialist, Royale International, has opened a divisional office in Mexico in response to a 400% increase in the movement of automotive parts over the last five years.According to Salvador Marin, senior account manager at Royale International, Mexico is now the company’s third biggest country in terms of revenue, ...
-
FeatureEU-Japan trade deal dubbed a ‘positive signal’ for automotive sector
An economic partnership agreed in principle between EU and Japan that would see duties removed on a large amount of goods traded between two regions has been welcomed by the European Automobile Manufacturers' Association (ACEA).Significantly, the agreement – which covers goods accounting for a third of global GDP – has ...
-
FeaturePSA uses helicopters to circumnavigate blockade
Groupe PSA was forced to use helicopters to transport parts to its car plants in France last week, after workers from financially troubled parts supplier GM&S, which is in receivership, travelled 200km from their base in La Souterraine to block access to PSA’s parts factory in Sept-Fons.A spokesman for the ...
-
FeatureCosco Shipping makes $6.3 billion bid for OOIL
Cosco Shipping lines is leading a bid to buy rival Orient Overseas (International) Ltd (OOIL) for HK$49.25 billion ($6.3 billion), as consolidation in the shipping industry continues.OOIL is the seventh largest container shipping company in the world, with extensive container shipping routes and networks. Cosco Shipping is currently the fourth ...