All News articles – Page 357
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Third time a charm for GM?
GM’s third attempt at a restructuring plan in which it will swap bondholder debt for equity in an attempt to avoid bankruptcy on June 1 is looking as unlikely as its previous attempts, according to leading industry analysts. And even if it does succeed the prospects for its logistics providers ...
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UK budget is too little too late for logistics
Last week’s budget announcement in the UK has been received with mixed feelings by the automotive industry, with enthusiasm for the scrappage scheme tempered by criticism from the logistics sector of both that and the fuel duty increases proposed for September. The Freight Transport Association (FTA) said that the decision ...
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Awards recognise exceptional women in logistics
The finalists have been announced for this year’s MAN everywoman in Transport and Logistics Awards, with the winner to be announced on May 14 at the Marriott Hotel, Grosvenor Square, London, UK. Sponsored by MAN Truck & Bus UK, in association with Skills for Logistics, the awards aim to highlight ...
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LSPs chase the Chinese dream
This week’s Automotive Logistics China conference in Shanghai left little doubt that China is the true land of opportunity for the automotive industry and its suppliers during the global recession. Carmakers and tier ones such as FAW Group, Dongfeng, Geely and Magna called for expanded logistics services including milkruns and ...
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CHEP expands business in Turkey
Pallet and container provider CHEP is expanding its activity in Turkey to support the growth in automotive supply for OEM and tier suppliers from there to markets throughout Europe. “Turkey is becoming an increasingly important player in the automotive industry,” said Rainer Sandow, Vice President, Automotive Europe, CHEP. “We ...
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New NAPA ro-ro service answers strong demand
Norwegian ro-ro provider Partner Shipping has established a new North America Pacific Asia (NAPA) service with Australia’s Praxis Logistics to answer “strong market demand” in the region. It will focus on automotive and high and heavy imports to Singapore, Australia and New Zealand. The new ‘triangle’ service will also target ...
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Analysis: Chinese policy on downturn – crosshair or blindspot?
The Chinese government certainly acted quickly and successfully to reverse the first downward sales trend for new car sales it experienced during the second half of 2008. Today, thanks largely to a hefty cut in sales tax on cars with a 1.6-litre engine or less, sales are up in the ...
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“We need to agree to speak the same language”
At this year's China conference in Shanghai delegates called for better and more consistent standards to stabilise the industry. “The price of logistics service has declined, and the economics of small and medium sized LSPs have been hurt severely. Some companies have been experiencing an extreme loss.”Wei Yong, Economic Operation ...
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South Africa is Cruze destination for GM
GM delivered the first shipment of its new mid-size Chevrolet sedan, the Cruze, to its South African operation at the Port of Port Elizabeth last week for final testing and validation. The Cruze, which will be launched in the country later this year, is manufactured at the Daewoo plant ...
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Mercedes looks at logistics in India
Mercedes Benz is planning to increase the amount of parts it sources from India and is focusing on improving its delivery network in the face of logistics difficulties in the country.The company has pursued a 10% annual increase in sourcing from the country over the last decade with components from ...
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Supply chain scheme could limit risk
The withdrawal of credit insurance for automotive parts suppliers in the UK has led to warnings of a domino effect of bankruptcies across the sector, which could impact on logistics service providers. But a new state guarantee scheme due to be announced in next week’s Budget could provide help by ...
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Safety first in the supply chain
Tier suppliers are realising they need a more strategic focus on supply chain management and logistics cost control as the economic downturn exposes inefficient supply routes and sourcing patterns. The problem is hitting those that have expanded global production in recent years but have not pursued a global or even ...
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LSPs are not too big to fail
Last week, when details were revealed of the Obama administration’s $5 billion financing support package for automotive suppliers of GM and Chrysler, automotive logistics service providers were once again left off the list of those eligible for aid. By now this should come as no surprise, as aid packages across ...
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Toyota awards logistics partners for performance
Toyota has announced its logistics US partners awards for performance in 2008 with NYK Line taking four of 17 plaudits. The 2009 Toyota Logistics Partner’s Dinner Awards also recognised rail operator Norfolk Southern Corporation with three honours out of four for rail activity. In the President’s Award category NYK Line ...
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Ceva builds support for BMW in Australia
Ceva Logistics has signed a new contract with BMW for the management of warehouse operations in Australia. Ceva will now manage the receipt, storage, inventory and dispatch of service parts to 20 BMW car dealerships in Victoria, South Australia, Tasmania and West Australia, a process previously handled in house by ...
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Mercedes moves to Leningradsky Terminal
In a new three-year contract, Mercedes-Benz Russia SAO, the Russia division of the Daimler-owned German carmaker, has rented 8500m2 in the logistics complex at Leningradsky Terminal from Japanese conglomerate Mitsui & Co. The company has been based at the nearby Leningradsky prospect building since 2005 and opened a new technical ...
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Logistics executives on the move
Schenker Deutschland has appointed Dr Michael Kluger (pictured) as Member of the Management Board for Contract Logistics. Dr Kluger, who was most recently Group Director of Business Development at contract logistics provider Fiege Group, has also worked for Ford as Manager of Inbound Material Flow and Logistics Europe, and for ...
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Far East route into Russia for Rolf
Rolf Group’s supply chain and logistics business, Rolf SCS, has established a new logistics route into Russia from the Far East, at Nakhodka Marine Commercial Port and is supporting it with an auto facility at the Vostochny International Terminal. The port is situated in Primorsky Krai, 85km east of Vladivostok, ...
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Share and share alike
Two of Germany’s largest automotive component suppliers have signed a global purchasing agreement that will create a stronger supplier network with improvements to the logistics provision of indirect materials. The companies project cost benefits of €400m ($528m). As well as exchanging technological expertise, the companies will establish value-added supply chains ...
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Unions call off action at Port of Piraeus
Industrial action taken by dock workers at the Port of Pireaus, which has hampered throughput at the port since the beginning of 2008, including automotive shipments, has finally been called off and normal service is now expected to resume. In opposition to the port authority’s move to find a private ...