All News articles – Page 227
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FeatureFCA opens Brazilian Jeep plant in Pernambuco state
Fiat Chrysler Automobiles (FCA) has this week opened its new $2.4 billion Jeep production facility in Goiana, in the state of Pernambuco, Brazil. The company said the plant was built on high standards of efficiency, quality and performance and was one of the most advanced in terms of production processes ...
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FeatureMOL orders fuel efficient car carriers with more flexible decks
Mitsui O.S.K. Lines (MOL) has ordered four car carrying vessels from Japan’s Minaminippon Shipbuilding for delivery in 2017 and 2018. Each vessel is almost 200m in length and will be able to carry 6,800 car equivalent units (CEUs) across 14 decks.The company said the newly designed liftable decks, of which ...
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FeatureRoger Crook resigns from DHL Global Forwarding
Roger Crook has suddenly resigned from his role as CEO of DHL Global Forwarding, Freight. Crook, who was also a member of Deutsche Post DHL’s management board, is said to have stepped down with immediate effect from both roles for “personal reasons”.DHL confirmed the resignation with Automotive Logistics this week. ...
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FeatureGefco announces new business and executive moves
Gefco has used this week’s Multimodal exhibition in Birmingham UK to make announcements about new business and managerial appointments.The transport and logistics provider has renewed its contract with global chassis maker BWI Group, which supplies brake and suspension systems for the transport market. Gefco’s UK division provides complete inbound European ...
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FeatureXPO Logistics in deal to buy out Norbert Dentressangle
US-based third party logistics provider, XPO Logistics, has entered into an agreement to buy Norbert Dentressangle, one of Europe’s main transport, forwarding and contract logistics providers, for $3.53 billion. The deal, which is expected to close in the second quarter of 2015, is estimated to increase XPO’s revenue to approximately ...
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FeatureGDL strike hits German rail freight services
Rail freight services in Germany have been disrupted again by strike action staged by the German Train Drivers Union, GDL. The action, which affected freight movements for 66 hours across four days last week from Tuesday, hit services provided by Deutsche Bahn’s subsidiary DB Schenker. The company said two thirds ...
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FeatureCar sector should be exempt from India-EU FTA says SIAM
The free trade agreement currently being negotiated between India and the European Union is not in the best interests of India's motor manufacturing industry, according to trade body the Society of Indian Automobile Manufacturers (SIAM).“FTAs with competing countries do not benefit the Indian automobile industry,” said SIAM in a statement, ...
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FeatureMichael Schaecher leaves Ceva Logistics
Michael Schaecher (pictured) has left Ceva Logistics where he was COO and executive board member in charge of air and ocean freight. Schaecher joined the company in April last year as COO for Global Airfreight and took on responsibility for Global Oceanfreight in November that year following the departure of ...
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FeatureBMW and WWL officially break ground on VPC at port of Galveston
BMW WWL Galveston VCP groundbreaking Wallenius Wilhelmsen Logistics (WWL) has officially broken ground on a vehicle distribution centre at the port of Galveston in Texas. The company’s Vehicle Services Americas division (WWL VSA) is building the facility to handle BMW and Mini shipments to the southeastern part ...
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FeatureBaltic seaports hit by fall in vehicle and parts imports to Russia
Ports with automotive terminals on the Baltic Sea have reported losses because of the sharp drop in car and components imports to Russia after the last year’s devaluation of the Russian ruble. Market analysts warn that any further decrease in supplies could result the potential closure of the automotive terminals ...
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FeatureBrazeau takes up role as head of worldwide vehicle transportation at FCA
Following the news that Steve Tripp has retired from his role as head of worldwide vehicle transportation at Fiat Chrysler Automobiles (FCA) the company has confirmed that Marc Brazeau (left) has now stepped into the role.Brazeau moves to FCA from his role as director at cross industry business consultancy AlixPartners, ...
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FeatureWhat does the e-commerce boom in China mean for automotive logistics?
In the West, online purchasing has sky-rocketed over recent years, with the Amazon effect taking hold. In the East, and in China, the view is a very similar one, but on an even bigger scale. Alibaba, the Chinese e-commerce giant is now worth more than IBM, Facebook, and Amazon, after ...
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Toyota to capitalise on supply efficiencies at latest Mexican plant
Toyota said last week that it is to build a $1bn manufacturing facility in Guanajuato, central Mexico to build the Corolla. The move is part of a broader initiative at Toyota to drive supply chain efficiencies between plants and the company said that production of the Corolla in Mexico would ...
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FeatureGefco reports ‘satisfactory results’; pushes on in Russia
Gefco has released financial results for 2014 that show a turnover of €4.1 billion ($4.4 billion), a 1.5% rise in turnover on the previous year. According to the transport and logistics provider current operating profit stands at €105m, a 10.5% increase on 2013.Gefco executives highlighted the strength of the results ...
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FeatureChina Railway ‘Going Out’ with Kerry Logistics
China Railway Import and Export Company and Kerry Logistics (China) have signed a strategic cooperation agreement in Beijing to combine networks and “explore new growth opportunities” in China and other markets.China Railway is a state-owned foreign trade company and has carried out a number of projects including railway operations and ...
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FeatureChallenges and opportunities for automotive logistics in China
“We look at the weather to see how we dress, so we should look at the macro-economic situation to see how we should do business. We should no longer resist change.” This was the key message from Zuo Xinyu, general secretary, China Automotive Logistics Association of CFLP at the recent ...
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FeatureBosal leases additional warehousing space in Hungary
Parts and accessories maker Bosal has leased a logistics facility at the Goodman Kecskemét Logistics Centre in central Hungary. The 7,700 sq.m facility, provided by commercial property developer Goodman, will be used to house surplus stock as part of increased production there. The company supplies material to the nearby Daimler ...
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FeatureBaltic seaports hit by fall in vehicle and parts imports to Russia
Ports with automotive terminals on the Baltic Sea have reported losses because of the sharp drop in car and components imports to Russia after the last year’s devaluation of the Russian ruble. Market analysts warn that any further decrease in supplies could result the potential closure of the automotive terminals ...
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FeatureWWL launches second HERO vessel
Wallenius Wilhelmsen Logistics (WWL) has launched its second post-panamax vessel, which has capacity for 8,000 car equivalent units (CEUs). Called the Thalatta, the vessel is described by WWL as a High Efficiency RoRo (HERO) vessel and joins the Thermopylae, which was launched in December last year. WWL is introducing eight ...
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FeatureChina's 'One Belt, One Road' strategy under the 'new normal'
After decades of double digit growth, China is now pursuing an economic model based on slower but more sustainable economic development with a focus on upgrading industry standards and building connections with global markets. The annual growth rate in the economy last year was 7.4% – and 7% in the ...