All News articles – Page 156
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Volvo to put electric motor in all its new models from 2019
Geely-owned Volvo Cars has announced that all of the cars it launches from 2019 onwards will have an electric motor – a move it says marks the end of internal combustion engine-only cars.The company said it would introduce a portfolio of electrified cars across its model range, with options for ...
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Tesla to hand first Model 3 cars to customers before the end of July
Electric carmaker Tesla says it will produce the first certified Model 3 vehicles this week and hand over about 30 of the new cars to customers on July 28th.Using the social media platform Twitter, CEO and founder Elon Musk said the Model 3 had passed all regulatory requirements for production ...
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Mercedes-Benz S-Class drives itself from assembly line to loading area
The potential for self-driving cars in finished vehicle logistics has been highlighted by the recent start of Mercedes-Benz S-Class production in Sendelfingen, Germany, where a newly built car drove itself off the assembly line to a loading area about 1.5km away.Cameras, together with radar and ultrasonic sensors, worked in conjunction ...
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Russia summit: Automotive market recovery will be slower than expected
Russian carmakers are hoping to sell 1.6m cars and light commercial vehicles this year compared to 1.4m in 2016, according to figures from business analyst IHS Markit presented at today’s Automotive Logistics Russia summit. After four straight years of crashing production and sales figures in Russia the recovery will ...
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Private equity group EQT buys into terminal at Port of LA
EQT Partners, the Swedish private equity group, has acquired a 90% interest in the Global Gateway South (GGS) terminal at the Port of Los Angeles for $817m.The investment is being made by the EQT Infrastructure III fund which completed a €4 billion ($4.5 billion) fundraising in February.The seller, CMA CGM, ...
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Hirotec introduces self-driving robot for parts dipping
Hirotec America, a supplier of weld assembly equipment to major OEMs, has introduced an automated machine in its production operation in Michigan.A Yaskawa Motoman dual-arm manipulator has been integrated into an OTTO 1500 self-driving vehicle from OTTO Motors to pick up and dip parts in black oxide for corrosion protection.The ...
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Hamburg Süd named as one of Volkswagen’s best suppliers
Shipping line Hamburg Süd has been named as one of the 19 winners in the annual Volkswagen Group awards for suppliers.The company, which is currently in the process of being taken over by larger rival, Maersk Line, received its award in the Global Champion category.Speaking at the awards ceremony on ...
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Volkswagen confirms its return to Iran
Volkswagen Group has confirmed it will be making a return to the Iranian market after a 17-year hiatus, initially importing Passat and Tiguan models into the country.In May, a spokesperson for the German carmaker declined to confirm to Automotive Logistics that VW had plans to re-enter the market, despite local ...
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Mosolf makes more room at Kippenheim
Finished vehicle logistics provider Mosolf has invested €2.7m ($3m) to extend its vehicle handling facility in Kippenheim, Germany. The extension will allow it to accommodate another 2,000 vehicles, bringing the capacity of the site to 32,000 vehicles across 94 hectares.The company is also once again moving vehicles the 480km between ...
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Watch the Automotive Logistics Russia Summit Live
The Automotive Logistics Russia Summit takes place in Moscow on Wednesday July 5th and will be streamed Live online.Click here to find out more about this event, which will truly help your organisation prepare for the challenges of the market ahead.Now in its 12th year, the summit is a well-established ...
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Daimler tests blockchain technology in loan issue
Daimler and German bank Landesbank Baden-Württemberg (LBBW) have teamed up on a project using blockchain technology for a €100m loan transaction.The entire deal for the one-year corporate Schuldschein (a loan agreement unique to the German market) was digitally carried out using the distributed digital ledger technology. This includes the origination, ...
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Gefco announces changes to top executive roles
Gefco has appointed Emmanuel Delachambre (pictured) as the new executive vice-president for its division in France and has also added responsibilties to the roles carried out by Emmanuel Cheremetinski and Pierre-Jean Lorrain.Delachambre, who replaces Marc Cahingt in the new role, has worked at Gefco France since 2013 when he moved ...
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WWL executives indicted on price-fixing charges
The US District Court in Baltimore has indicted the chief operations officer at Wallenius Wilhelmsen Logistics (WWL), Kai Kraas, on price-fixing charges.Kraas, along with former WWL CEOs Anders Boman and Arild Iversen, has been charged by the court in Baltimore with “participating in a long-running conspiracy to allocate certain customers ...
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Sentech to close Port Elizabeth site in wake of GM’s exit from South Africa
The Sentech automotive parts plant in Port Elizabeth, South Africa, is to close by the end of September. The move follows General Motors’ (GM) recent announcement that it would cease manufacturing and selling Chevrolets in the country by the end of the year.Describing the OEM’s recent announcement as “sudden”, Treve ...
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Ford contracts XPO for UK aftermarket deliveries
Ford has appointed XPO Logistics to deliver aftermarket parts to more than 200 dealers in the UK.Under the deal, XPO will be responsible for outbound distribution and line-haul parts flows, as well as overall asset management.The logistics firm will also handle over 200 daily collections from the Ford parts centre ...
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time:matters looks for CEO following Miller’s departure
Franz-Joseph Miller (pictured) has left his position as CEO of Lufthansa Cargo’s air charter division, time:matters; he was with the company for 16 years but said he was embarking on ‘a new journey’.While the German freight expeditor looks for a new CEO, the role will be handled jointly by COO ...
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First block train of Volvo S90s arrives in Belgium from China
The first dedicated rail shipment of China-made Volvo S90s rolled into the Wielingendok at the Belgian port of Zeebrugge on Friday last week, just 20 days after they had left Daqing in Heilongjiang province.The train, which carried the cars in 225 containers, marked the official start of the ‘New Silk ...
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Maersk resumes online orders as port operations recover after cyber-attack
AP Moller-Maersk has resumed taking online bookings and said operations at all of the ports it has terminals at were now running “close to normal” after Tuesday’s cyber-attack.Earlier this week, Maersk, one of the world’s biggest ocean carriers with 600 vessels, said the ransomware attack had brought down IT systems ...
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BMW to invest $600m in South Carolina plant for future X-models
German carmaker BMW Group has announced a $600m investment at its largest manufacturing facility, Spartanburg, in the US state of South Carolina, as it prepares it for future generations of the X-model SUV range.The company has produced 3.9m vehicles since production began at the plant 25 years ago. In that ...
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Logistics providers recognised at Ford World Excellence Awards
Left to right: Hau Thai-Tang, group vice-president, global purchasing, Ford; Jeff Bullard, senior vice-president of operations central region, Penske; and Raj Nair, executive vice-president and president, FordFord has recognised logistics providers Penske Logistics and M&M Cartage at its 19th World Excellence Awards, held recently at the Henry Ford Museum ...