All News articles – Page 212
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EU regulators will not stop FedEx takeover of TNT Express
Following the news in April this year that FedEx had made a €4.4 billion ($5 billion) bid for TNT Express, the companies have confirmed that European Commission antitrust regulators will not oppose the takeover.In a joint statement, FedEx and TNT Express said the internal deadline for issuing a Statement of ...
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Take advantage of the cost saving potentials offered by Free Trade Agreements using MIC OCS
Did you know that there are many regional and bi-lateral free trade agreements (FTA's) that provide the opportunity for significant savings in customs duties? MIC's origin calculation system (OCS) supports you in calculating the origin of your products, maintaining a compliant, reliable and efficient FTA process which translates into cost ...
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ECG Conference: From the connected car to the connected train
A lot of attention has been given to OEMs’ plans for autonomous vehicles and connected cars recently but OEMs aren’t the only ones innovating in this direction. At the recent 2015 annual conference of the Association of European Finished Vehicle Logistics (ECG), Malte Keller, head of equipment and Germany transport ...
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Georgia Ports Authority to triple investment at Brunswick
Georgia Ports Authority (GPA) has said it will invest $152m in improving facilities at the US port of Brunswick over the next ten years to keep pace with demand. The expenditure is almost three times that invested during the past decade and includes a fourth berth for ro-ro cargo at ...
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ECG president Baldissara to step down in 2016
Costantino Baldissara, commercial and logistics director of the Grimaldi Group, will step down from his position as president of the European Finished Vehicle Logistics Association (ECG) next spring.Wolfgang Göbel, managing director of Mosolf Automotive Railway, and head of marketing and logistics for the Horst Mosolf Group, will be nominated by ...
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Colombia and Brazil sign automotive agreement
Antonio Sérgio Martins Mello, vice president of the National Association of Automobile Manufacturers (Anfavea), believes that the recent deal signed by Brazil and Colombia in respect of finished vehicles sales will have a positive influence on the Brazilian motor industry. “The automotive agreement with Colombia is of ...
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Volvo outsources IT business to HCL Technologies
Volvo Group is divesting its external IT business and outsourcing its IT infrastructure operations to global IT services provider, HCL Technologies. The deal is expected to close in the second quarter of next year. Volvo Group said the move would provide cost savings and capital gain, with operating income and ...
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Grimaldi invests further in Finnlines
Grimaldi Euromed, a company owned by the Grimaldi Group, has purchased more shares in Finnish subsidiary, Finnlines, increasing its investment in the sister company.Finnlines is a European short sea operator, and the leading company in the ro-ro and passenger transport in the Baltic and North Sea, with one of the ...
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Toyota Logistics Services provides vehicles for car hauler training
Toyota Logistics Services (TLS) – a subsidiary of Toyota Motor Sales that manages Toyota, Lexus and Scion vehicle logistics operations – has delivered nine Toyota and Lexus vehicles to the Auto Haulers Training Institute in Orange Park, Florida.The vehicles will be used in programmes geared towards providing truck drivers with ...
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Subaru of Indiana wins reusable packaging award
Subaru of Indiana Automotive (SIA) has significantly increased the use of reusable packaging, and won the RPA’s 2015 Excellence in Reusable Packaging Award for its efforts, that have saved millions and had a positive environmental impact.SIA had an 89% usage rate of reusable packaging for North American supplier direct delivered ...
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UK heading towards record vehicle production in 2020
The UK automotive industry is expected to break manufacturing records by the end of the decade, a new forecast report launched by the Society of Motor Manufacturers and Traders (SMMT) suggests.Annual car production is expected to pass the two million mark by 2020, which would break the current record of ...
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Russia proposes roadmap to support automotive exports
The Russian government has disclosed details of a roadmap designed to promote automotive exports from the country that includes the removal of barriers for foreign exports and better access to supporting financial services. However, while welcome, market experts have said the announcement ignores important measures that would stimulate the development ...
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Further changes to shipping needed, ITF states
Despite the measures taken so far to clean up maritime transport and reduce the associated greenhouse gases, more needs to be done. That is the warning from the International Transport Forum (ITF) in their October policy briefing.The ITF is an intergovernmental organisation with 57 member countries. It acts as a ...
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Magna Europe awards providers getting safer, smarter, lighter, cleaner
Packaging supplier Wi-sales and semi-conductor manufacturer NXP took top honours at the third annual Magna Logistics Europe innovations awards, held in Leibnitz, Austria. The awards were co-hosted by Magna Logistics Europe, which is responsible for logistics planning and purchasing across more than 120 plants in Europe for the tier supplier, ...
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GM India’s first export shipment to Mexico
General Motors has announced that it is shipping the first 3,000 left-hand-drive Chevrolet Beats to Mexico.The vehicles have now left the Mumbai Port Trust of Maharashtra, and should arrive in Mexico within eight weeks. Sales of the vehicles will commence in December in Mexico.Arvind Saxena, GM India president and managing ...
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TNT ships solar car from the Netherlands to Australia
TNT has shipped a solar car from the Netherlands to Australia.The logistics company shipped the car from Eindhoven to Liege, Belgium, then flew it to Singapore, and on to Melbourne.The four-seat prototype will compete at the World Solar Challenge, a 3,000km race between Darwin and Adelaide. World Solar Challenge said, ...
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New CEO for DB Schenker Rail
Jürgen Wilder is expected to take over as the new chief executive officer of DB Schenker Rail from December 1st 2015. The appointment has been approved by the DB Schenker Rail Supervisory Board.Before DB Schenker, Wilder worked at Siemens where he held the position of chief executive officer of the ...
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Strike at port of Calais causes more freight delays
The port of Calais is once again subject to disruption for trucks bound for the UK following strike action by port security workers that began early in the day on October 13th.Truck check-in posts have been blocked by strikers, who are demanding better working conditions and requesting that more personnel ...