All News articles – Page 169
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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 ...
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FeatureNew wave of protectionism threatens the automotive sector
India, Japan, the US and the UK are among those that seem to be adopting more protectionist measures in their international relations, and even the EU appears to be getting in on the act now… all of which seems likely to have some serious implications for international vehicle and parts ...
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FeatureTesla says Model 3 production remains on schedule
Tesla, which is about to shift into a mass production phase, has told investors it is on track to begin delivering its Model 3 electric vehicle (pictured) from July this year.The new car will see the company shift from being an 84,000 car per year producer to one manufacturing over ...
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FeatureNissan outlines UK supply chain and Brexit concerns
In a wide-ranging discussion with UK lawmakers, Nissan Europe’s head of supply chain spoke of the company’s preferred outcomes post-Brexit, as well as warning of the need to increase domestic supplyColin Lawther, Nissan’s senior vice-president for manufacturing, supply chain management and purchasing in Europe warned UK lawmakers in London this ...
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FeatureUECC links Scandinavia to north coast of Spain; deploys LNG vessels on Baltic service
Short-sea maritime services operator, UECC, has launched a new Atlantic service linking Scandinavia with the north of Spain.The company said the new service provides a route from Vigo in Spain to Drammen in Norway and Wallhamm in Sweden. The company will deploy three vessels on the route over two loops.“UECC ...
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FeatureWTO's trade facilitation agreement comes into force
A World Trade Organization (WTO) agreement supporting simpler and clearer procedures when it comes to imports and exports of goods came into force this week after the requisite amount of member countries agreed to implement it.Spread out over 12 articles, the Trade Facilitation Agreement (TFA) prescribes many measures to improve ...
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FeatureIsuzu buys a controlling stake in GM’s East Africa business
Japan’s Isuzu Motors has announced the acquisition of a 57.7% interest in General Motors’ (GM’s) East Africa business saying it made the investment to expand commercial vehicle production and sales in the region.The unit, established in 1975, had already been assembling and selling Isuzu-badged light and mid-duty trucks and buses, ...
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FeatureVW dealing with Passat glovebox problem following Czech fire
Following a recent fire that shut down one of the Czech Republic plants owned by interior materials supplier Recticel, Volkswagen has been forced to store Passat cars made at its Emden plant until enough replacement glove compartment covers can be delivered. However, while the cost to Recticel’s business currently stands ...
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FeatureBLG ViDi Logistics responds to demand in Ukraine
BLG Logistics’ subsidiary in Ukraine – BLG ViDi Logistics – has bought seven more car carriers to handle an increase in imports of finished vehicles to the country from Europe. The purchase also renews existing equipment that was bought between 2008 and 2010.The company has bought trucks from Scania that ...
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FeatureARC carrier forced back to Southampton port by fire
Ocean finished vehicle transporter, American Roll-on Roll-off Carrier (ARC), is waiting to assess damage to its vessel M/V Honor following a fire that broke out in its cargo decks early last Friday (February 24th).The ship had just left the UK’s port of Southampton when a fire was discovered in the ...
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FeatureSanden Manufacturing Poland centralises logistics in Polkowice
The Polish division of Japanese automotive parts maker, Sanden Corporation, has leased a 6,500 sq.m warehouse next to its production facility in Polkowice for the handling of air conditioning compressor units.The warehouse was officially opened last week and Sanden Manufacturing Poland has leased it from property developer Panattoni Europe for ...
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Tarragona port’s five-year high means more room for Bergé
Last year the Spanish port of Tarragona increased vehicle handling by almost 40% on 2015, thanks in part to an increase in volumes on the connecting rail network. It has now granted the vehicle terminal operator Bergé y Cia an additional 135,000 sq.m for vehicle handling activity at the port ...
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FeatureMahindra & Mahindra plans assembly in Sri Lanka
Indian vehicle maker Mahindra & Mahindra has announced plans to build an assembly plant in Sri Lanka.“We have many assembly plants in Africa and other regions and since business is going well we are looking at an assembly facility in Sri Lanka soon,” said Sanjay Jadhav, the company’s vice president ...
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FeatureGestamp to build parts stamping plant closer to customers in Japan
Spanish automotive parts maker Gestamp is investing an initial €37m ($39m) to build its first plant in Japan for the supply of hot stamped parts to the domestic market.Hot stamping is a method of forming ultra high strength steel into complex shapes using heated blanks resulting in lighter components. L ...