All News articles – Page 264
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FeatureChrysler slows the Viper
Chrysler has announced that it will shut its Detroit assembly plant for the SRT Viper sports car for two months from April 14 in an effort to bring inventory in line with demand for the car.Sales of the Viper have been below initial expectations since the new model was introduced ...
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FeatureEditor's note: innovation to last 30 years
I often hear complaints about a lack of innovation in vehicle logistics. Carmakers accuse carriers of failing to update equipment and systems to fit the modern age. Logistics providers cry equally foul, citing rate squeezes that leave most unable to invest let alone innovate.I’ve never waded deep into this argument, ...
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FeatureEditor's note: a more knowable future
OEMs and LSPs must often react to the supply chain in real time. Extreme weather in the US, UK and Japan have all recently affected freight routes. The crisis between Russia and Ukraine, for example, blocked the port of Sevastopol, diverting cargo, along with posing much more serious threats to ...
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FeatureUnipart Logistics pilots tracking solution
Unipart Logistics is working with IT provider RF Code on trials of an active radio frequency identification (RFID) system for use on the vehicles it uses to transport aftermarket parts for the automotive, manufacturing and industrial engineering sectors. Unipart will be providing the solution to an as-yet unnamed UK-based car ...
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FeatureUnipart increases turnover and global automotive footprint
Unipart, one of Europe’s biggest manufacturing, logistics and consulting companies, has announced its financial results for 2013. The figures revealed a 5% increase in total group turnover to £1,055m ($1,755m), up from £1,010m in 2012r. At the same time, however, the Group reported a loss on total operating profit, including ...
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FeatureAre foreign operators ready for the new HGV Road User Levy?
The introduction of the new HGV levy on foreign lorries on April 1 looks set to create a level playing field for hauliers across Europe, says David Williams, managing director Rhenus UK. However, is the UK government tempting fate to launch such a complex scheme on April Fool’s Day, he ...
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FeatureNevada looks favourite for Tesla battery plant
Tesla has ruled out southern New Mexico or western Texas as hubs for its new automotive battery factory. Based on earlier reports this now leaves San Antonio in Texas, as well as the states of Arizona and Nevada in the running as rival locations for the company’s $5 billion plant, ...
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FeatureWith solid financials, Gefco looks to acquisition and growth
The Gefco Group has announced positive results for 2013, including higher revenue and net profits, although difficult automotive markets in Europe and costs weighed on its operating profit and margin. While Gefco is facing risks over the Russia-Ukraine crisis, the company has charted an aggressive growth plan, which is likely ...
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FeatureToyota increases exports from Indonesia to Middle East
Toyota’s production subsidiary in Indonesia – PT. Toyota Motor Manufacturing Indonesia (TMMIN) – has officially launched the beginning of exports of the Vios sedan from its facility in Karawang to a number of Middle East markets, as well as Singapore. A ceremony was held this week to mark the occasion ...
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FeatureGeely secures funding to double exports
Chinese carmaker Geely has secured a $3.24 billion credit facility from the Export-Import Bank of China, which it intends to use mainly to double export sales to 40% over the next five years.As well as investment in new plants and dealers overseas the funds will be used to build up ...
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FeatureConfusion as Ukraine reverses decision on vehicle import duties
Despite earlier plans to cancel or substantially reduce customs duties on the import of vehicles to Ukraine, the country’s parliament (the Verkhovna Rada) has now published a bill that actually increases the rate of tax."The Cabinet of Ministers with the support of Parliament prepared amendments to the tax code, which ...
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FeatureSuzuki boosts Thai exports to Europe with production shift
Suzuki will be expanding exports from it Rayong plant in Thailand this year following the production launch of its latest global compact passenger car, called the Celerio. The carmaker is shifting production for the latest model from its Maruti Suzuki subsidiary plant in Manesar, India.The Rayong plant opened in March ...
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FeatureHyundai Glovis to open facility for China exports
Automotive logistics provider Hyundai Glovis will open a parts export facility in South Korea in the first half of this year that will move truck and bus parts to Hyundai’s joint venture assembly plant with Sichuan Nanjun Automobile Group in Zinyang City, China.The joint venture in China, Sichuan Hyundai, began ...
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FeatureLSPs recognised at Irish Logistics and Transport Awards
DHL Global Forwarding, DB Schenker and National Vehicle Distribution were among the winners at this year’s Irish Logistics and Transport Awards, held in Dublin on March 20th.The Awards involved 100 entries from companies with logistics and transport activity in Ireland competing across 18 award categories.DHL Global Forwarding took the award ...
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FeatureDaimler Truck exports to Africa on the increase
Daimler has doubled sales of the Fuso truck in Africa during the first two months of the year, based on finished vehicle exports from Japan and India.The company reported sales of 1,000 Fuso trucks during January and February and said that to maximise further growth potential it would be combining ...
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FeatureAPL Logistics Vascor orders three rakes for Indian FV service
Third party logistics joint venture, APL Logistics Vascor Automotive, has placed orders with Indian freight car maker Texmaco Rail and Engineering for three rail rakes, with the first delivery expected in three months.Each rake comprises 27 wagons and is capable of carrying 300 vehicles. The company will use the trains ...
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FeatureGoodman celebrates opening of VW’s Duisport CKD facility
Global logistics space provider Goodman has announced the opening of its new complete knockdown (CKD) kit export hub for Volkswagen.The warehouse, which is located in the Duisburg-Kasslerfeld port and logistics complex, in western Germany, came online last week. It will be supplying automotive parts to all Volkswagen’s non-European plants.The decision ...
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FeatureMaersk sees auto parts trade rise in Brazil
The world´s largest container carrier Maersk Line saw 38% growth in automotive imports coming into Brazil during the fourth quarter of 2013 versus the same period a year ago thanks to a mix of auto parts and complete knockdown kits (CKDs). Maersk saw more volumes coming from China, including parts ...
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FeatureJLR inches closer to opening of car plant in Saudi Arabia
Jaguar Land Rover has announced the signing of a deal to examine the financial viability of building cars in the Middle East. A letter of intent has been signed between JLR and the National Industrial Clusters Development Programme to determine the commercial viability of a new automotive facility in the ...
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FeatureHöegh vessel returns to service after search for missing airliner
Ocean transport provider Höegh Autoliners has returned its car carrier vessel St Petersburg on its normal commercial route after a week spent assisting in the search for the Malaysian Airlines 370 passenger plane that went missing on 8 March this year.The vessel was on its way from South Africa to ...