All News articles – Page 267
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UECC invests in dual fuel LNG car carriers
European short-sea operator UECC has ordered two pure car and truck carriers (PCTCs) to add to its 23-vessel fleet that are capable of being powered by both liquefied natural gas (LNG) along with heavy fuel or marine gas oil. The contract for the dual fuel new builds has been signed ...
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Gefco provides value-added services for Citroën
This article has been amended since publication to include comment from Gefco's Paris representatives. Gefco is providing value-added vehicle services for Citroën Berlingo vehicles at its logistics facility in Setübal, Portugal.The services include installation of an interior partition and modification of the opening angle of the doors. In all Gefco ...
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Korea demands drastic tariff cuts from India
South Korea has asked the government of India to undertake major tariff cuts on its goods as part of the Comprehensive Economic Partnership Agreement, which was signed by the two countries in 2009 and became law as of 2010.Dong Seok Choi, director-general, Korea Trade-Investment Promotion Agency, recently noted: “We have ...
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Kamaz to launch CKD assembly in Venezuela
Russia’s largest truck manufacturer Kamaz is planning to launch CKD assembly in Venezuela in the second half of this year. According to Russia’s ambassador in Karakas, Vladimir Zaemsky, the issue is under discussion at the inter-government level and is already close to final agreement. Russian authorities are currently engaged in ...
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UK auto industry receives £45m funding boost
UK Business Secretary Vince Cable announced the implementation of government-backed funding this week for the country’s automotive sector. The Advanced Manufacturing Supply Chain Initiative (AMSCI) funding will be worth £45.5m ($76.9m) and will go towards building the networks and capabilities of UK-based suppliers. The AMSCI is a competition run by ...
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ACS reports auto contracts helping charter increase
Aircraft charter provider, Air Charter Service, has reported a 22% year-on-year rise in the number of charter contracts its North American offices completed, and has partly attributed the rise to an increase in bookings from automotive customers.“As the auto industry as a whole has begun to pick up, we have ...
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DB extends Eco Plus service for BMW
DB Schenker Rail has added a further route to its Eco Plus transport service for BMW in Germany. The service, which uses energy from renewable sources to drive traction, was first taken up by the carmaker last year for component shipments from Frankfurt to its plants in Regensburg and Landshut. ...
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Auto industry pensive about Russian standoff in Ukraine
There has been no let up in the political tension in the Crimea peninsula of southern Ukraine this week where thousands of Russian troops have occupied strategic locations, including the port of Sevastopol.Reports indicate that feeder and short sea operators are being hindered in their passage and navigation of the ...
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Mexico vehicle exports dip in January
The Mexican Automotive Industry Association (AMIA) has released figures that show finished vehicle exports in January declined by 0.4% to 177,928 units, compared to January 2013. The organisation's president, Eduardo Solís, noted that the decrease was due to a fall in the US market brought about by the current harsh ...
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PSA Dongfeng and logistics – dealing in reality
The deal to rescue PSA signifies both risk and reward for its logistics providers in Europe and China.The deal to rescue PSA Peugeot Citroën between Dongfeng Motor Group, the French government and Peugeot family will transform the carmaker’s global strategy over the coming years as the brands look to treble ...
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Tesla to invest $5 billion in southern US electric battery plant
Electric carmaker Tesla Motors has announced plans to invest $5 billion in a car battery plant in an as-yet undecided location in a southern US state.“In cooperation with strategic battery manufacturing partners, we’re planning to build a large scale factory that will allow us to achieve economies of scale and ...
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Roadrunner announces acquisition of Rich Logistics
US freight forwarder Roadrunner Transportation Systems has announced its acquisition of Rich Logistics, which provides trucking and expedited services. Roadrunner, which declared revenues of around $113m in 2013, managed to acquire the total purchase for an estimated $48m, with money reportedly borrowed under the logistics provider’s credit facility. It operates ...
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Anji Automotive develops Shandong headquarters
Anji Automotive Logistics has signed an agreement with Yantai Economic and Technological Development Zone in Shandong province, China to build an intermodal logistics hub for finished vehicles.The company is investing RMB 300m ($49m) in the project, which will include port, rail and road links, with work set to begin in ...
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A year of politics and progress
Despite unpredicatable legislative pitstops, work continues in the search for standard trailer lengths. Meanwhile, ECG explores mutual opportunities with our US counterpartsHere we are, well into the first quarter of another year, with markets across Europe broadly stable and even the odd ray of sunshine in places like the UK ...
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This year’s Europe conference is streaming Live online!
This year's Automotive Logistics Europe conference, being held in Bonn, Germany, is now live streaming debate and offering those in direct attendance, and those with an interest abroad, the ability to participate online.Once again the conference has filled the stylish and spacious Kameha Grand Hotel on the banks of the ...
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Honda opens Celaya plant in Mexico
This article has been amended since publication on 26th February to include additional comment from Dennis Manns, Honda’s vice president of logistics and sales planning. Honda unveiled the latest development in its expansion projects for Mexico last Friday (February 21st) with the opening of its new $800m plant in Celaya. ...
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Tacoma sees spike in vehicle imports
Vehicle imports through the US port of Tacoma in Washington state increased 63% in January thanks, in part, to a year-end inventory push by Korean carmakers. A total of 15,203 vehicles were imported through the port for the month, compared to around 9,335 in January 2013. Total automotive imports in ...
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Mazda officially opens Salamanca plant in Mexico
Mazda’s new assembly plant in Salamanca, Mexico, will open officially on Thursday this week, in a move that will significantly boost the OEM’s shipping capacities to the US market. The new facility will offer the company a low-cost production base from which the OEM can operate in Mexico, already one ...
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Philippine tariffs on Japanese parts cut to zero
In a move that will affect logistics providers operating in the ASEAN region and beyond, it has been announced that Philippine tariffs on Japanese-made car parts have been cut to zero. The decision, which takes place with immediate affect, will see tariffs reduced for a variety of products, one of ...