All News articles – Page 165
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FeatureChina conference: Looking ahead to a more multimodal future
According to industry forecasts from China’s State Information Centre, the country can expect vehicles sales to hit 40m by 2025.However, the 28m vehicles that were moved between the factory and the dealer last year – a 14.5% increase on the previous year – and the parts being moved into the ...
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FeatureBNSF receives President’s Award for third consecutive year
North America railway operator BNSF has received the Toyota Logistics Services President’s Award for the third year running. The award is the "highest supplier honour given to service partners who demonstrate combined excellence in quality, customer service and on-time performance,” said BNSF in a statement.The company has also received the ...
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FeatureBLG Logistics reports €1 billion in sales for 2016
German logistics provider BLG Logistics has reported sales of €1.05 billion ($1.11 billion) for 2016, with its automobile division achieving a 2.6% increase in revenues to €473.7m.The division’s earnings before interest and tax (Ebit) did, however, show a year-on-year decline of 18.4% to €15.1m. The firm said this was caused ...
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FeatureFurther signs of nascent recovery in Russian car market
After the first month of year-on-year growth in two years last November, Russian car sales recorded a positive first quarter in 2017 – a further sign that the market may have turned a corner.According to the Association of European Businesses (AEB), sales in March grew by 9.4% from a year ...
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FeatureANT Lojistik invests in fleet to support Mercedes contract in Turkey
The Turkish division of German carmaker Mercedes-Benz – Mercedes-Benz Türk – has signed a deal with domestic finished vehicle logistics provider ANT Lojistik for the delivery of cars to dealerships across the country.Under the contract, which will run for a five and a half years, ANT will be the sole ...
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FeatureDaimler, VW and BLG Logistics recognised in ‘elogistics’ awards
German automotive industry body AKJ Automotive has recognised Daimler and Volkswagen in its annual elogistics awards for digital-based initiatives.In addition, BLG Logistics has been given AKJ’s Tool Award for its work on the use of drones in the logistics space.AKJ Automotive is made up of a group of industry experts ...
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FeatureProTrans adopts JDA Software tool to optimise transport capacity
North American transport and supply chain management provider, ProTrans, has started using a transport optimisation tool from JDA Software to maximise capacity utilisation and delivery speed for its automotive customers.According to the company, the JDA Transportation Modeler is designed to provide real-time data on ProTrans’ delivery network and give visibility ...
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FeatureHungary and Slovakia to produce Audi’s new Q models
Audi has launched two new cars in its Q range of utility vehicles which it will build at its facilities in Hungary and Slovakia.The Q4, a compact utility vehicle, will be built at the company’s Győr facility in Hungary from 2019. Last year, the carmaker indicated production of the existing ...
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FeatureToyota invests record amount to ready Kentucky plant for new architecture
Carmaker Toyota has announced plans to invest $1.33 billion at its largest plant, Toyota Motor Manufacturing Kentucky (TMMK) in the US, as it prepares for a New Global Architecture (TNGA) production platform.By 2020, the majority of the company’s global models will be built using the platform and upgrades are planned ...
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FeatureBuchhauser joins Volvo Cars as head of procurement
Martina Buchhauser (pictured) has joined Volvo Cars as senior vice president of procurement.She joins the Geely-owned carmaker from BMW where, from 2012 until her departure, she was in charge of quality and supply for all interior components at the carmaker’s vehicle manufacturing plants around the globe.Håkan Samuelsson, president and chief ...
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FeatureGestamp shares start trading in Spain
Automotive components manufacturer Gestamp has officially started trading on the Madrid Stock Exchange, with CEO Francisco Riberas ringing the opening bell on Friday (April 7th).The company, which has its headquarters in Spain, conducted a book building exercise, which captures and records investor demand, ahead of the listing and achieved a ...
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FeatureBell rings for Schneider National after successful New York IPO
Having successfully raised $550m in an initial public offering (IPO), shares in the North American third-party logistics provider, Schneider National, have now started trading on the New York Stock Exchange (NYSE).The Wisconsin-headquartered company, family-owned since it was founded by Al Schneider in 1935, was also given the opportunity to ring ...
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FeatureGroupe PSA to consider restarting Opel assembly in Russia
Groupe PSA CEO Carlos Tavares has suggested the firm’s acquisition of GM’s European division could bring about a return of the Opel brand to the Russian market.The French carmaker announced the $2.3 billion deal to acquire GM’s European division, which includes Opel and Vauxhall, last month.GM pulled assembly out of ...
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Sharp decline in South African car exports to rest of Africa
Exports from South Africa to the rest of Africa continued their downward trend in 2016, almost halving in number, according to the latest quarterly update from the National Association of Automobile Manufacturers of South Africa (Naamsa).Back in 2014, other African countries were together the second largest export destination behind Europe ...
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FeatureCaterpillar plant closures prompt global changes in supply pattern
Construction and mining equipment maker Caterpillar is closing plants in the US and Europe with a combined loss of around 2,800 jobs, in reaction to a drop in demand in the construction, mining and energy industries.Products made at the plants, in Aurora, Illinois and Gosselies, Belgium, will be shifted to ...
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Logistics JV to connect Germany to Iran and Maghreb region
From left: Herbert Robel (director, Andreas Schmid Logistik), Tom Rosman (managing director, Militzer & Münch), Alfred Kolb (owner and chairman, Andreas Schmid Logistik), Dr Lothar Thoma (CEO, Militzer & Münch) and Gianluca Crestani (director, Andreas Schmid Logistik)Logistics providers Militzer & Münch and Andreas Schmid Logistik have formed a transport ...
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FeatureLogistics providers recognised in GM supplier awards
General Motors has once again recognised the services of its logistics providers at its annual Supplier of the Year awards, held in Orlando, Florida, on March 31st.Out of the 118 global tier suppliers from 15 countries that received awards for products and services in 2016, 11 were from the global ...
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FeatureWallenius Wilhelmsen Logistics begins trading on Oslo stock exchange
Wallenius Wilhelmsen Logistics ASA (WWL ASA) began trading on the Oslo stock exchange – the Oslo Børs – on Wednesday (April 5), following completion of the ownership merger announced in September last year.The company, which is worth 17.9 billion krone ($2 billion), said it was among the 10 largest listed ...
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FeatureSurvey highlights Silicon Valley risk to German logistics industry
Almost two-thirds of German logistics specialists and executives believe the industry is investing too little in research and development, with more than half fearing they could lose market share to competitors from Silicon Valley.That's the main finding of the 2017 Logistic Trend Index, compiled annually ahead of next month’s Transport ...
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FeatureOntario secures its place in Ford’s connected-car future
Ford has announced a C$500m ($373m) research and development (R&D) investment in Canada’s Ontario territory, including the development of a research and engineering centre in the capital of Ottawa.Ontario Premier Kathleen Wynne and Prime Minister Justin Trudeau (pictured here on the right), were both present at the official event announcing ...