All News articles – Page 250
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FeatureStech moves from Russia to Volvo Cars North America
John Stech, who was president of Volvo Cars Russia until last month, has moved to a new role as executive vice-president of commercial operations at Volvo Cars of North America. He is now responsible for sales, customer service, the dealer network, and information technology in the US market.“I’m truly thrilled ...
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FeatureVascor expands services with Commonwealth Express buyout
Third party logistics provider Vascor has bought Commonwealth Express, a US-based provider of transport and brokerage services. The acquisition is expected to boost Vascor’s 2014 revenue by more than $20m. The company said the move is part of its plans to expand services in dedicated contract carriage, transactional and truck ...
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FeatureKia to build Mexico plant and tackle global supply shortage
Kia has become the latest carmaker to set up production in Mexico with the announcement it will start work this month on a $1 billion facility in Monterrey in the northeast of the country. The carmaker stated that it expects the plant to play a major role in alleviating current ...
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FeatureKenyan car importers hurt by port rate hikes
Companies in Kenya involved in importing finished vehicles have expressed their opposition to a series of new charges being levied by the Kenya Ports Authority (KPA). Their industry body, the Car Importers Association of Kenya, is demanding an urgent review of the price hikes, pointing out that higher prices will ...
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FeatureSical announces withdrawal from Ennore port joint venture
Indian logistics provider Sical Logistics is withdrawing from its joint venture in Ennore Automotive Logistics, which manages vehicle exports at Ennore Port near Chennai, including those for Honda, Nissan and Toyota.Sical Logistics holds a 40.92% stake in the venture, which also includes Mitsui OSK Lines and was set up in ...
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FeatureUkraine’s Kraz to launch SKD assembly of vehicles in Bolivia
Ukrainian vehicle maker Kraz is planning to launch production in Bolivia from semi-knocked down (SKD) imports according to representatives at the company. The plant will assemble trucks, passenger vehicles and vehicles for the military. The project is currently in the final stage of negotiations according to Kraz.During bilateral talks between ...
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FeatureVinSolutions makes top executive changes
VinSolutions, a supplier of dealership software tools in the US and a subsidiary of Cox Automotive, has announced two executive moves following the departure of its vice president and general manager, Brian Skutta, to a new role as CEO of Auto Alert. Lori Wittman (pictured) has been promoted to vice ...
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FeatureNissan makes logistics improvements to Canton facility
Japanese carmaker Nissan has finished improvement works on the logistics centre at its US plant in Canton, Mississippi. It is also constructing a new supplier park with an integrated logistics centre at the site.The existing centre just completed will create immediate space for suppliers. A spokesperson for Nissan said ...
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FeatureKoopman takes over German car carrier Möhlmann
Dutch logistics provider Koopman Logistics has bought German finished vehicle carrier Möhlmann Automobil-Logistik for an undisclosed sum. According to Koopman’s managing director, Jon Kuiper, the companies agreed on the transfer to secure the future of Möhlmann given the absence of a family member to succeed its owner Günter Möhlmann. The ...
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FeatureKuehne + Nagel releases enhanced emissions calculator
Kuehne + Nagel has announced the release of a new carbon calculator for its customers that it said will provide exact data on emissions rather than estimations.The Global Seafreight Carbon Calculator (GSCC) allows calculations of carbon, sulphur and nitrogen dioxide emissions for container and less-than-container (LCL) movements from door-to-door. The ...
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FeatureGebrüder Weiss teams up with Jilin International Transport in China
Austrian transport and logistics provider Gebrüder Weiss has established automotive logistics joint venture in China with Jilin International Transport (JIT). The company, in which each partner owns 50%, is operating under the name Gebrüder Weiss Automotive Logistics. Operations began this month and as well as handling land, air and sea ...
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FeatureNOL rumoured to be selling APL Logistics division
Neptune Orient Lines (NOL) has issued a cautious response to a number of reports in the press that it is looking for a buyer for its APL Logistics division. Those reports indicate NOL is aiming to reap $750m for the business and will launch an official sales process in the ...
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FeatureFord’s Kolkata PDC to enable faster parts distribution in east
Ford’s fourth parts distribution centre in India, which is located in Kolkata, is expected to be fully operational by the fourth quarter of this year.The company also has regional PDCs in Chennai, Mumbai and Delhi.The 3,200 sq.m centre was officially opened at the end of July and Ford said that ...
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FeatureUkraine freezes import of cars due to falling demand
The fall of the car market in Ukraine, as well as the drop off in the exchange rate of its currency – the hrivnya, has forced most vehicle importers to halt deliveries of cars to the country.As reported by the country’s state statistics service, in the first half of the ...
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FeatureHyundai to start assembling LCVs in South Africa
South Korean car manufacturer Hyundai is investing R110m ($146m) in a new factory in Gauteng, South Africa to assemble light commercial vehicles; the branch will be fully operational after its launch at the beginning of September next year.The facility will build 500 to 600 delivery vans each month, initially from ...
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FeaturePrivate equity firms buy Turkish forwarder UN Ro-Ro
Private equity firms Esas Holding and Actera Partners have formed a partnership to buy Turkish ocean forwarder UN Ro-Ro for a reported €700m ($936m) from its owner Kohlberg Kravis and Roberts (KKR).UN Ro-Ro operates a fleet of 12 vessels with capacity to move 322,000 vehicles a year. It has four ...
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FeaturePIERS data shows H1 increase in US auto parts imports
Automotive parts imports to the US increased by more than 5% year-on-year in the first half of 2014 based on figures provided by PIERS, the US import-export reporting service. That figure was up by nearly 11% compared to the same period in 2012 and the market has grown 10% over ...
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FeatureRussia threatens retaliatory ban on vehicle imports
Russia has said it will tighten retaliatory sanctions on products from Western nations to include a ban on vehicles if more sanctions are imposed on the export of Russian products.The announcement follows the recent imposition of sanctions on food products from the European Union, United States, Australia, Canada and Norway. ...
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FeatureCETM welcomes revival in Spanish haulage but calls for change
The head of Spain’s vehicle haulage association has welcomed positive signs in the market and called for a working party to represent the interests of the sector.Daniel Tarragona, managing director of the SETRAM group (pictured), has had his position as president of the vehicle haulage association – CETM Portavehículos y ...
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FeatureNissan inaugurates VDC at Aguascalientes A2 plant
Nissan has officially opened a vehicle distribution centre (VDC) at second plant in Aguascalientes, Mexico following an investment of $31m. The carmaker said the facility would accelerate the export of the Sentra vehicles made at the plant and push the daily number sent to the US to 720. Currently 100% ...