All News articles – Page 188
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FeatureBeijing Changjiu Logistics shares double after public offering
Shares in Beijing Changjiu Logistics have doubled in value after it became the first private Chinese automotive logistics company to go public in a launch on the Shanghai stock exchange on August 10th.The company, one of the largest third party providers serving the automotive sector in China, has so far ...
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FeaturePort of Suape quadruples vehicle exports
Vehicle exports through Brazil’s north-eastern port of Suape were all but quadrupled in the first half of this year, thanks to a switch in strategy by Fiat Chrysler Automobiles (FCA) and a recent expansion in storage capacity there.The port exported more than 23,500 finished vehicles in the first six months, ...
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FeatureAPL Logistics sets up joint venture with Arab Global Logistics
Integrated supply chain services provider APL Logistics has signed a deal with Arab Global Logistics in Oman to form a new joint venture, APL Logistics Oman. The company said the joint venture would “spearhead efforts to develop Oman as a regional logistics hub to serve local and international customers in ...
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FeatureRose replaces Warrick in parts supply chain role at Toyota USA
Mary Rose has taken over as general manager of North American parts operations and supply chain strategy at Toyota USA. She replaces Mamie Warrick (pictured), who has moved to become general manager at the Project Management Office at Toyota North America, ahead of her retirement next year.Warrick, who has worked ...
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FeatureLookers expands dealer network with Drayton buyout
UK car dealer group Lookers is buying its rival Warwick Holdings, which trades as Drayton Group, for £55.4m ($71m). Drayton provides car sales and aftermarket services for Mercedes-Benz in the West Midlands region of the UK.The buyout includes seven dealerships, bringing the number of Lookers Mercedes-Benz locations in the network ...
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FeatureLack of federal funds is leaving ro-ro ports high and dry
With new vehicle sales and production in North America still running at record levels, the region’s vehicle-handling ports are running out of room. Larger vessels, sometimes arriving in bunches, are putting more pressure on terminals and yard space. Land for expansion, meanwhile, is hotly contested because port authorities have competing ...
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FeatureKia switches to rail for parts shipments through Cordele
Governor Deal, centre left, is joined at the rail yard by CIS president Jonathan Lafevers, Georgia Rep. Buddy Harden, KMMG chief administrative officer Stuart Countess, Georgia Ports Authority Board chairman Jimmy Allgood, and GPA executive director Griff LynchKia Motors America is moving the shipment of inbound parts through the ...
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FeatureNissan says UK investment plans depend on Brexit deal
Nissan's CEO, Carlos Ghosn, has said the company's future investment plans in the UK are on hold and will depend on the outcome of discussions between the UK and the European Union on how they will continue to trade in the wake of June's Brexit result. Those discussions are unlikely ...
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FeaturePat Olney takes up CEO role at Neovia Logistics
Neovia Logistics has appointed Gary (Pat) Olney as its CEO. Olney (pictured) will take up the role at the third party logistics provider on August 22nd, succeeding interim CEO, Steve Larson.“Pat Olney is a deeply experienced senior executive who has a strong track record of delivering on challenging financial and ...
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FeatureYusen Logistics opens branch in Guadalajara
Pictured from left: Max Villa, air freight operations; Shogo Machida, vice-president, Mexico; Jordan Dewart, president, Mexico; and Oswaldo Manzo, customer serviceThird-party logistics provider Yusen Logistics has added a fourth office and warehouse to expand its air freight forwarding network in Mexico. The branch in Guadalajara joins existing branches in ...
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FeatureAutomotive cartels: the inside story
In July, a group of four truck manufacturers were hit with the highest ever cartel fine by the European Commission for fixing prices and colluding over the implementation of new emissions standards.Over a 14-year period, from 1997 to 2011, Volvo Trucks, Daimler, Paccar’s DAF and CNH Industrial’s Iveco conspired with ...
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FeatureIndia passes long-awaited goods and services tax bill
The lower house of the Indian parliament has approved the bill required to bring in India's Goods and Services Tax (GST), which has the potential to transform the country’s domestic logistics and make it easier for manufacturers to move freight across internal state borders. It is expected to be ratified ...
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FeatureDriverless train trials underway between Germany and the Netherlands
Dutch rail network manager ProRail is working with Germany’s DB Cargo on trials to test an automated freight train service on a route between the port of Rotterdam and the German border at Zevenaar-Emmerich.The double-track dedicated freight rail line, known as Betuweroute, is 160km long and equipped with the European ...
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FeatureVigo ramps up the ro-ro
The north-western Spanish port of Vigo will start using a sixth ro-ro ramp in August this year and intends to build a seventh, making it the country's leading port in terms of its ro-ro provision. According to the port authority, the idea it to optimise its existing car carrier service ...
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FeatureOntario and Michigan working together to support auto industry
The Canadian province of Ontario and its US neighbour Michigan have signed an agreement to promote regional competitiveness and innovation in the automotive industry through greater collaboration. The deal includes the provision to increase supply chain integration and transfer technology through business-to-business partnerships.Ontario and Michigan account for more than 26% ...
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FeatureSkoda recognised for body shell container innovation
Škoda Auto has been recognised with a packaging award by the Czech Packaging Association SYBA for a recyclable wooden ‘cassette’ that can house four vehicle body shells in addition to various production parts.The ‘4-in-1’ innovation, which was developed with Czech packaging specialist Pilous, is being used to ship body shells ...
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Verizon builds telematics expertise with Fleetmatics buyout
Verizon Communications has announced an agreement to acquire Fleetmatics, a global provider of fleet telematics and mobile workforce management solutions, for around $2.4 billion. The move comes just a week after Verizon confirmed its acquisition of Yahoo for $4.8 billion.The takeover is subject to customary regulatory approvals and closing conditions, ...
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FeatureUnipart to start moving fuel rails to China for Ford
Unipart Manufacturing has signed a seven-year contract with Ford to supply engine components to its joint venture Changan Ford plant in Chongqing, China.The components maker will supply the operation from its Unipart Powertrain Applications site in Coventry, UK, with fuel rails – part of the common rail fuel injection system ...
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MAN extends contract with Imperial
German logistics company Imperial Logistics International has struck a deal to continue managing the MAN Truck and Bus trailer yard in Salzgitter, Germany, for at least another three years. MAN manufactures components for commercial vehicles at the site.Imperial, based in Duisburg, is responsible for moving trailers between the yard and ...
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Mercedes-Benz to build second plant in Kecskemét
Mercedes-Benz is investing €1 billion ($1.1 billion) in a new assembly plant at Kecskemét in Hungary that will be making front- and rear-wheel drive cars on a more flexible production basis by the end of the decade.The announcement follows the German carmaker’s decision in April to invest a further €580m ...