All News articles – Page 319
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FeatureGlobal round up
Yusen Logistics now fully integrated in EuropeYusen Logistics has completed the European integration of its previously separate business divisions, NYK Logistics and Yusen Air & Sea Service, with the launch of its German unit this week. As part of its global integration of the two businesses, the final ...
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FeatureExecutives on the move
John Pasha has taken the position of senior vice president responsible for The Pasha Group’s Automotive Processing Division. Pasha, who is grandson of the company’s founder George W. Pasha Jr, will bring more than 15 years of experience across its divisions, including more than five years acting as vice ...
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FeatureK+N expands China shuttle service
Logistics provider Kuehne + Nagel has expanded its road delivery network in China as part of an ongoing growth of services that the company said will be of particular benefit to its automotive customers. Having launched its first long-haul shuttle service between Shanghai and Tianjin in April this year, with ...
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FeatureToyota considers US Camry exports to Korea
Toyota has said it may stop production of Camry vehicles that are built in Japan for export to South Korea and move it to the US in an effort to cut down on high export costs. A spokesman for the company said it was not ready to discuss the ...
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FeatureParsifal arrival is perfectly timed
Wallenius Wilhelmsen Logistics has put its second new-generation Mark V ro-ro vessel into operation. The MV Parsifal is currently on route from Asia to North America with a full load of predominantly breakbulk and high&heavy cargo, as well as a consignment of passenger vehicles – “exactly the mix she ...
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FeatureRail is the obvious answer in India
The mismatch between the scorching growth of the auto industry in India and the infrastructural and regulatory development needed to support it is making congestion the norm and risking zero market gain in the country. It is also perpetuating poor delivery standards that are costly both in the short-term ...
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FeatureGlobal round up
GMSA chooses Motorvia for vehicle deliveriesSouth African finished vehicle carrier Motorvia is to start carrying vehicles for General Motors South Africa (GMSA) following a successful tender for business approved last week. The new agreement will run for three years. Uitenhage-based Motorvia provides specialised vehicle transport and delivery services for ...
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FeatureToyota supply must be local, common and reliable
Toyota has revealed more details about the standardisation of parts and regionalisation of procurement as part of a supply chain overhaul that is being implemented over the next five years. The carmaker is targeting three areas as part of the new strategy designed to limit future disruption to the supply ...
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FeatureRise in imports threatens in Brazil
The strength of the Brazilian real is affecting the car industry in the country with a jump in imports against lower exports threatening to absorb demand for vehicles from local producers. The appreciation of the real, which has risen by 40% against the US dollar since 2008, has contributed to ...
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FeatureGulftainer will boost autos via Ust-Luga
Port operator Gulftainer has signed an agreement to become a shareholder in the Russian port of Ust-Luga near St Petersburg. Gulftainer, which is the largest privately owned port operator and based in the United Arab Emirates, is expected to invest more than $275m into terminal development at the port which ...
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FeatureGefco terminates Fret SNCF agreement
PSA Peugeot-Citroën’s logistics division Gefco will not renew its contract with the freight division of fellow French rail provider SNCF for outbound automotive shipments. The business that Fret SNCF handles for Gefco, which includes managing a volume of 40,000 wagons per year, will be redistributed amongst three separate private rail ...
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FeatureBaltimore port in the lead at H1
The US port of Baltimore has recorded a 15% increase in vehicle handling for the first half of 2011 compared to the same period last year putting it ahead of rival ports including New York, which handled the most vehicles in 2010 at just more than 590,500. Baltimore came second ...
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FeatureGlobal round up
ADB investment in India railRail services in India, including those for freight, are to benefit from loans of up to $500m from the Asian Development Bank (ADB). The multi-tranche financing facility for India’s Railway Sector Investment Programme is designed to improve services along some of its busiest freight and passenger ...
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FeatureGefco expands fleet with Lohr
Gefco has expanded its vehicle carrying fleet in the UK with nine transporters built to a new specification that will allow the logistics provider to carry multiple combinations of vehicles and up to 11 passenger cars at a time. The company said the transporters, provided by Lohr, will enable it ...
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FeatureSuppliers count the cost of Toyota risk strategy
As Japanese carmakers look at ways to limit future disruption to the supply of parts following the devastating earthquake that hit the country in March, with lingering problems still being felt throughout the supply chain, Toyota outlined three steps last week that it is implementing with the aim of solving ...
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FeatureCarol secures Rotterdam discount for Eukor
Eukor has secured discounted port dues at the port of Rotterdam as part of the World Port Climate Initiative, which has been set up to reward companies with the cleanest ocean-going vessels. The initiative, which includes 55 ports around the globe, was established last year and measures environmental performance, including ...
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FeatureBMW beats a million deliveries so far
BMW Group has increased global vehicle deliveries for the first eight months of the year to more than a million vehicles (1,073,363), including MINI and Rolls Royce, beating last year’s figures (just under 920,000) over the same period by nearly 17%. From January to August 2011, 893,474 BMW brand vehicles ...
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FeatureAuto is leading exports from Turkey
According to figures from Turkey’s Automotive Manufacturer’s Association, 66% of the country’s vehicle production was exported in the first eight months of 2011, around 534,000 vehicles of a total production for the same period of 810,000. Automotive is now the leading export sector in Turkey with a 20% share in ...
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FeaturePSA re-enters Indian market
PSA Peugeot-Citroën has announced it will re-enter the Indian market with the building of a new €650m ($920m) manufacturing facility in the state of Gujarat, India for the production of the Peugeot 508 from 2014. The facility, which will be based in the Sanand automotive cluster, will integrate engine and ...
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FeatureGlobal round up
Mahindra exports global platform SUVIndian carmaker Mahindra & Mahindra has said it will export its new XUV500 SUV to South Africa at the same time that domestic sales begin in December this year, with further plans for export to Western Europe, Latin America, Southeast Asia and Australia. The car, which ...