All News articles – Page 315
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Feature
Global round up
Fesco adds Tacoma to US-Russia serviceRussian transport and logistics provider Fesco Transport is responding to growing demand for breakbulk, ro-ro and project cargo deliveries in the Far East of Russia with a new fortnightly service from the port of Tacoma on the US West Coast. Fesco Russian Pacific Line is ...
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Toyota wants partnership on intermodal future
A greater use of intermodal solutions is the key to Toyota’s new logistics business model in Europe as it looks at mid-term projects to shift transport of parts and vehicles from road to rail and inland waterways. But the success of that model will depend on a much greater collaboration ...
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Who will benefit from Russia's FTA?
Russia has signed a free-trade deal with seven former Soviet republics that will remove import and export tariffs on a range of goods that are more than likely to include vehicles and automotive parts. The deal was signed at the recent summit of the Commonwealth of Independent States (CIS) and ...
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Gefco and Faurecia shine amidst poor PSA results
The PSA Group reported third quarter financial results today that showed a mixed picture of stagnant revenue and falling profits as a result of largely deteriorating sales in Europe, slower growth in emerging markets, rising cost pressure and a wide-scale supply chain disruption for European plants in September. The group’s ...
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DHL signs aftermarket contract with Ford
Ford has signed a new three-year spare parts logistics agreement with DHL Supply Chain for the movement of around 38,000 spare parts to 415 of the carmaker’s dealers in Sweden, Norway Finland and the Baltic states. DHL Supply Chain is handling around 5,500 different dealer orders every day from its ...
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Feature
Global round up
A major new multimodal logistics development at the Turquerie business park in Calais, France, which promises to build the biggest logistics centre in northern France, has been officially launched. Conceived as the main gateway for the shipping of goods between France, northernEurope and the UK, the Calais Premier project, located ...
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Push scrapping incentives says ECG
The president of the Association of European Vehicle Logistics (ECG), Costantino Baldissara, has renewed calls for a second incentive scheme to stimulate sales across the region as a means of staving off the impact of a second recession. Addressing delegates at last week’s ECG conference held in Paris, France, Baldissara ...
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Disruption spreads in Thailand
More details have come to light on the impact on automotive production in Thailand as floods continue to devastate central, north and northeastern areas of the country, with Toyota and Ford joining Honda in plant shutdowns due to the direct flooding of facilities and the impact on the supply chain. ...
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Shipping lines need to engage with bunker regs
Shipping lines and associations, including the ECG and ECSA, have vowed to continue fighting legislators to stop or delay the imminent MARPOL regulations designed to cut shipping fuel sulphur content on short sea routes in northern European waters. However, ocean forwarders should take a more constructive approach and cooperate with ...
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WTO complaints over Brazil import tax
Following the Brazilian government’s decision to impose a 30% tax increase on vehicle imports to the country, Japan and South Korea have complained about the treatment at a committee meeting on market access at the World Trade Organisation. The complaint is being perceived as a warning shot and could escalate ...
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Direct service answers Russian demand for Toyotas
K-Line has delivered a shipment of Toyota and Lexus vehicles on a direct deep-sea service from Nagoya in Japan to the Yug-2 multimodal terminal at the Russian port of Ust-Luga. It is the first deep-sea delivery of Toyota vehicles through the port, which has previously only handled two deep-sea shipments ...
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Feature
Global round up
Horizon saved from bankruptcyHorizon Lines, the US domestic ocean shipping and integrated logistics company, has concluded a comprehensive financial restructuring programme worth $653m to fund ongoing operations and protect the company from bankruptcy. “We now have a new capital structure that eliminates the refinancing uncertainty faced by our company over ...
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Obama intervenes in US rail dispute
The ongoing dispute between 30 of North America’s rail freight operators and 11 US labour unions took another step this week when the US Obama administration appointed a five-person Presidential Emergency Board (PEB) to investigate the conflict. “Freight rail is vital to our economy and our future,” said President Obama. ...
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Thai floods hit supply chain
Carmakers and suppliers are being affected by the devastating floods that have swept Thailand, with Honda suffering the most direct damage due its location in the central province of Ayutthaya, which has been badly hit. Disruption to parts supply from supplier facilities there is also expected to affect production across ...
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Call for improved dialogue at US ports
Port processors and their OEM customers in the US need to work on better system integration to facilitate capacity improvements in preparation for a return of volumes. They also need to have more regular meetings to assess needs and allocate resources in a more efficient way. “The better that those ...
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BLG and Fesco team up in Russia
Germany’s BLG Logistics has signed a joint venture agreement with Russian transport and logistics provider Fesco to develop automotive port handling operations at the port of St Petersburg and truck distribution within the Russian market. The joint venture will make an initial investment of €10m in the project including the ...
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Audi opens second CKD packaging station
Audi has opened a new packaging centre in Wunstorf near Hanover in northern Germany for the preparation of complete knockdown Audi models destined for shipment to the Chinese and Indian markets. The 20,000m2 facility has been established as part of a five-year contract with logistics partner Syncreon to provide export ...
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Feature
Global round up
Honda to halve vehicle exports from JapanAccording to reports in Japanese newspaper Asahi, Honda Motor has said it will halve vehicle exports from Japan over the next decade in an effort to tackle damaging currency fluctuations that have hit the company with the rise of the yen. Honda currently exports ...
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Executives on the move
Harry Doms has left electric vehicle maker Tesla Motors where he was logistics director of EMEA and APAC to take up a new position outside the automotive industry. Roy Kimber, Tesla's senior logistics manager, has now taken over responsibility for Europe. Doms' departure follows the news earlier in the year ...
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Capacity concerns put on ice
Fears that the fourth quarter would bring a capacity crunch in the North American outbound vehicle sector have failed to materialise and the general consensus now seems to be that it will not hit any time soon, according to speakers from leading road carriers like Jack Cooper Transport and carmakers ...