All News articles – Page 304
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FeatureExecutives on the move
Bob Socia, GM’s vice president of Global Purchasing and Supply Chain, is to replace Kevin Wale as president of GM China and chief country operations officer, China, India and ASEAN following the latter’s decision to retire at the end of October. Socia will take up the role ...
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FeatureGroupe CAT buys Toquero's transport division
French vehicle logistics provider Groupe CAT has bought Toquero Group’s transport division and its Madrid businesses for an undisclosed sum. The acquisitions include Toquero Express SLU (in Spain) and Toquero France. It also includes Toquero’s ULTT subsidiary in Spain and its Autotrans subsidiary in Portugal.The purchase allows ...
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FeatureBiggest spend for Honda UK in a decade
Honda has announced a £267m ($430m) investment programme at its Swindon plant, the biggest spend the carmaker has made in the UK in more than 10 years. The investment was announced at the same time Honda launched its latest CR-V model and centres around the installation of ...
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FeatureJapanese anti-trust commission raids car carriers
The offices of some of the world’s largest shipping companies, including NYK Line, Mitsui OSK Lines, K-Line. Eukor Car Carriers and WWL, have been raided by the Japan Fair Trade Commission for allegedly violating the antitrust law in transporting vehicles and other exports. The companies control about ...
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FeatureFormer logistics exec dies after killing police officer
Ricky Coley, who was a director at CNC Holding and a former logistics executive at Ford, has died following a gun battle with police in the West Bloomfield Township district of Detroit that also left one police officer dead. Coley is suspected of having committed suicide following ...
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FeatureOpel adds sixth model to Poland plant
The confirmation this week that GM Europe’s Opel plant in the Gliwice, Poland will be making the new Cascada – the carmaker’s recently-revealed convertible Astra – from January next year brings the number of models made on the same assembly line to six. The carmaker already makes ...
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FeatureGlobal round up
Ecuador increases car exports to Venezuela and looks at closer tiesAlmost 3,000 finished vehicles were sent to the port of Cabello, in Venezuela, from the Ecuadorian port of Esmeraldas in August, the first of six consignments totalling 12,700 vehicles to be exported by sea between now and December. This compares ...
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FeatureGefco responds to increase in OEM near sourcing
Following last month’s survey update from the UK’s Automotive Council, which showed that the supply chain could benefit from an additional £3 billion in additional business, on top of the £26.6 billion potential spend by carmakers originally announced in May this year (read more), Gefco has outlined how it ...
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FeatureExecutives on the move
Peter Menzel has moved from his position as director and executive officer of the Car Carrier Group at ocean forwarder K-Line to take up a newly created position at car carrier Neptune Lines as commercial director. He was at K-Line Europe for almost ten years.Menzel has relocated to the ...
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FeatureVehnet provides comprehensive service for NVD
Vehnet, which provides software services for the automotive industry, has signed a new contract with Irish vehicle management company National Vehicle Distribution (NVD), which handles 70% of new car movements in Ireland, as well as providing services in the UK and wider Europe. NVD will be using Vehnet’s Advance ...
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FeatureUS ports strike could freeze throughput on East Coast
Ports on the US East Coast and Gulf region, which include some of the busiest vehicle processing ports in North America, are facing the threat of widespread strike action by dock workers if talks regarding overtime rules and container royalties are not resolved by the end of the month. ...
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FeatureVehicle throughput at Veracruz up 30 per cent
In the first seven months of this year, the Mexican port of Veraruz handled 508,312 finished vehicles, an increase of 31.2% on the comparable period in 2011.The port authority said that Volkswagen, Ford and Chrysler accounted for the majority of models handled, with the balance built mostly by Toyota, ...
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FeatureFreight rates for sea and air July-August 2012
Container shipping spot rates on the Asia-Europe trade lane remained high in July and August at around $3,500 following a light increase between March and May this year when carriers withdrew capacity and forced rates up. Container loading on the route rose to $4,000 per FEU, a 110.4% increase in ...
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FeatureGlobal round up
Ennore passes 200k exports, starts imports The port of Ennore reached a total of 200,000 vehicle exports at the beginning of August and also received its first vehicle imports – 110 Mitsubishi Pajero SUVs transported by K-Line from Thailand.The port, located just north of Chennai on India’s east coast, began ...
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FeatureToyota invests in multi-purpose Kenyan facility
Toyota is investing $1.5m in a vehicle and parts logistics facility in the Kenyan capital Nairobi that will serve 13 countries in sub-Saharan Africa. The centre will hold a stock of finished vehicles and parts inventory, allowing companies operating in the region to source vehicles more easily, rather than ...
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FeatureExecutives on the move
Neovia is the new name for Caterpillar Logistics Services following its recent purchase by Platinum Equity and it also has a new CEO in Jos Opdeweegh.Opdeweegh has extensive experience in logistics, mergers and acquisitions, and capital markets. His most recent position was as CEO at Americold Realty Trust, one of ...
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FeatureRussia joins WTO but still protects its OEMs: analysis
After more than 19 years of negotiations, the Russian Federation has today become the 157th member of the World Trade Organisation (WTO). With reductions in import tariffs part of the accession, including those for vehicles, components and raw materials, the impact is expected to lower prices for consumers, increase global ...
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FeatureBrazil to invest $66 billion in transport infrastructure
Brazil’s government has announced a stimulus package worth R133 billion ($66 billion) designed to improve its transport infrastructure and recover economic growth, which has slowed to less than 2% over the past year, down from 7.5% two years ago.Up to $20 billion of the sum will be used to build ...
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FeatureMazda completes $20m PDC project
Mazda Canada has opened its new Western Regional Operations and Parts Distribution Centre (PDC) at Langley in British Columbia. The 12,000-square-metre facility represents the final part of Mazda’s $20m Parts Distribution Centre Network expansion project, which was announced in 2010. The network comprises of seven PDCs in North America, two ...
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FeatureMitsubishi stops shipments of i-MiEV to PSA
Mitsubishi Motors has stopped shipments of its i-MiEV electric vehicle to French carmaker PSA Peugeot Citroën. A spokesman for PSA said that the halt was temporary and put in place to “adjust stocks”. The French carmaker is now believed to have more than 4,400 of the vehicles held in ...