All News articles – Page 162
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FeatureGroupe CAT takes over Sintax Logistica
French transport and logistics provider Groupe CAT has acquired Spanish firm Sintax Logistica for an undisclosed sum.Sintax is an international vehicle logistics provider with a focus on Spain, France, Portugal and Morocco. Its services include new and used vehicle transport, multimodal distribution, compound management and technical services such as pre-delivery ...
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CSX names new CEO as part of move to ‘reconstitute’ its board
North American rail provider CSX has named veteran railroad executive E. Hunter Harrison as its new CEO. Harrison replaces Michael Ward, who recently announced his decision to retire as chairman and CEO at the end of May but will continue to serve as a consultant.Harrison, whose experience includes stints at ...
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FeatureParts maker Gestamp takes 'next natural step' with Spanish IPO
Spanish automotive parts maker Gestamp has announced its intention to list on the Spanish stock exchanges, putting certain existing shares currently held by the controlling shareholder, the Riberas family, up for sale.Founded in 1997, the company has 98 production facilities in Europe, North America, South America and Asia. It manufactures ...
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FeatureFVL conference 2017: Live poll results
Live polling conducted at the Finished Vehicle Logistics North America conference revealed mixed sentiments on the economy, what technology to invest in and visibility in the sector ($236 billion is the correct answer)
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FeatureVolvo Trucks demonstrates on-highway platooning in California
Volvo Trucks and the University of California, Berkeley have completed a partially automated truck platooning demonstration, hauling three containers on the interstate highway from the port of Los Angeles.Platooning reduces aerodynamic drag, fuel consumption and emissions by grouping trucks closely together along a given highway route. Reducing the distance between ...
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FeatureIntel shifts gear in driverless car market with Mobileye acquisition
Chipmaker Intel has made a massive push into the autonomous car sector with an agreement to buy driverless vehicle technology firm Mobileye for just over $15 billion.The acquisition of the Jerusalem-based technology company, which should be completed over the next nine months, gives Intel access to a vehicle systems, data ...
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FeatureInttra snaps up Avantida to move into container logistics
Parsippany, New Jersey-based electronic shipping transaction platform Inttra has acquired Belgian empty container management solutions provider Avantida for an undisclosed sum.Avantida, based in Antwerp, specialises in optimising the handling of empty shipping containers. Its reuse and repositioning applications provide information for shippers and transport companies to help minimise miles driven, ...
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FeatureCar Delivery Network targets China product roll-out
Car Delivery Network (CDN) has formed a joint venture with Shanghai KaQu Information Technology, as it plans the roll-out of its electronic proof of delivery (ePOD) software products in China.The new JV, KaQu Delivery Network (KDN), will market electronic real-time OEM vehicle delivery tracking, damage reporting and delivery sign-off for ...
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FeatureFVL conference: American Honda overcomes Mexican vandalism issue
Honda has drastically reduced incidents of damage and vandalism on vehicles that it exports from Mexico beyond North America, as well as vehicles shipped to Mexico, thanks to a number of route and transport changes.Charles Franklin, manager of export logistics at American Honda (pictured), says his company had zero incidences ...
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FeatureWWL implements RFID at Nissan's Mississippi plant
Wallenius Wilhelmsen Logistics (WWL) has teamed up with technology company, Surgere, to implement a radio-frequency identification (RFID) project for managing finished vehicle stock at Nissan's assembly plant in Canton, Mississippi.Work on the Canton study has already begun, according to John Felitto, president of WWL Vehicle Services Americas, which operates Nissan's ...
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FeatureFVL conference: OEMs with US capacity and flexibility best placed ahead of any Nafta changes
Carmakers with excess US capacity, or those that haven't yet put significant investments into Mexico are best placed ahead of negotiations between the trading partners in the North American Free Trade Agreement (Nafta).This is according to Brandon Mason, global automotive director at PwC, who highlighted a $60 billion trade imbalance ...
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FeatureFormer Tesla CPO plans gigafactory-style European battery plant in Scandinavia
Peter Carlsson, who was chief purchasing officer (CPO) at electric carmaker Tesla until 2015, is seeking investment to build Europe's largest electric battery manufacturing plant to to serve carmakers and other industries.While the exact location has yet to be determined, the Swedish executive has plans for a plus-32GWh production site ...
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FeaturePriority Freight awarded for employing military personnel
UK-based logistics firm Priority Freight has been recognised by the country’s Ministery of Defence with a bronze award in the Armed Forces Covenant Employer Recognition Scheme (ERS) for its employment of ex-defence and military personnel.The ERS recognises commitment and support from UK employers for defence personnel.Priority Freight, which specialised in ...
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FeatureEvolution Time Critical launches dedicated critical projects service
Emergency logistics specialist Evolution Time Critical has launched a dedicated critical projects service focusing on the movement of large scale resources such as vehicle tooling and other production equipment.The service aims to help OEMs reduce the risk, costs and time associated with large-scale relocations of machinery and manufacturing equipment.Brad Brennan, ...
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FeatureMaersk and IBM to introduce blockchain into global shipping industry
Shipping giant Maersk and IBM have announced a blockchain initiative that they say will help transform the cross-border shipping industry globally.The two companies said using the digital ledger system, made famous by the Bitcoin cryptocurrency, had the potential to save the industry billions of dollars when adopted at scale. Ninety ...
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FeatureImperial secures internal factory contract with Audi in Hungary
Imperial Logistics International has secured a contract with Audi to operate internal factory logistics for vehicle assembly at the carmaker's plant in Győr, Hungary, replacing an unnamed rival.The logistics company already held the contract to manage a logistics optimisation centre at the Győr car factory for three years through its ...
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FeatureEurotunnel boss hails ‘best year in company's history’
Groupe Eurotunnel, owner of the channel rail tunnel connecting the UK to France, has just reported on the best year in its history, according to chairman and CEO Jacques Gounon.The company's net profit of €200m ($211m) in the year to end-December, 2016, was over two-and-a-half times higher than the €75m ...
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FeatureYusen signs Germany to US engine block contract
Third party logistics provider Yusen Logistics has been awarded a contract to move engine blocks from tier supplier Neue Halberg-Guss's (NHG) facility in Germany to an automotive manufacturing plant in Ohio.The total supply chain service will involve collections from NHG’s plant in Saarbrücken, plus stockholding and container build, followed by ...
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FeatureUnder PSA, Brexit and imported parts could put Vauxhall plants at risk
The long-term fate of Vauxhall post-Brexit, and as a part of French carmaker PSA Group, has become less clear because of uncertainties over how trade barriers could impact its supply chain and its role in the combined PSA-Opel production network.PSA's €1.3 billion ($1.47 billion) acquisition from GM agreed this week ...
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FeaturePSA touts European scale and supply chain synergy in Opel/Vauxhall acquisition
PSA Group and General Motors (GM) have come to an agreement over the sale of the latter's European business, specifically the Opel and Vauxhall brands, with the total price coming in at €2.2 billion ($2.33 billion), including a €900m deal for the financing division. The deal, which is expected to ...