All News articles – Page 358
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Survey shows dramatic drop for 3PLs
Third party logistics providers (3PLs) in the automotive industry have seen their year-on-year revenues decline by 37.5% in the first quarter in the US, according to a new survey released by supply chain consultancy Armstrong and Associates. The figures from the automotive vertical have helped to bring general revenues for ...
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VW plant pushes rail growth in India
Volkswagen has opened its new €580m plant in Pune, India to support its expanding dealership network in the country and intends to support the expansion with a rail logistics model based on its European network. The plant, which will eventually have an annual production capacity of 110,000 vehicles destined for ...
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PSA unlikely to sell Gefco
The fate of Peugeot-Citroën’s logistics arm Gefco is now in the hands of former Corus CEO Phillipe Varin (pictured) following the company’s unprecedented decision to oust CEO Christian Strieff on Monday. While no firm plans will be put in place until Varin’s official start date on the June 1, analysts ...
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K-Line scraps vessels as exports fall
K-Line has announced it is scrapping six of its car carriers and returning another 11 to their owners bringing the fleet to 74 at the end of March next year – the lowest number for six years. The company is looking at what it terms a “structural change in demand ...
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Ceva renews contract with Fiat Powertrain
Ceva Logistics is remaining assertive despite a continued reduction in freight flows that have hit automotive-related sectors in the first three months of 2009. It announced a contract renewal with Fiat Powertrain Technologies (FPT) as well as a new contract with Wabco in the commercial vehicle market this week. Reductions ...
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Geely calls for LSPs with understanding
Chinese carmaker Geely International is looking for global logistics partners with a better understanding of the Chinese market in the wake of a huge drop in exports of finished vehicles and increased complexity in the supply chain. Logistics Senior Manager, George Ho, told Automotive Logistics this week that the company ...
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Rolf halts merger with Avelon
Rolf Group’s long anticipated merger with Finnish logistics company Avelon Group has been stopped and the Russian car dealer has announced it will also stop selling Peugeot vehicles in Russia due to the slump in demand. Rolf is the largest foreign car dealer in Russia. Earlier in March it extended ...
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Key executives on the move
Dave Dudek (pictured) has moved from his position as Director of International Logistics at GM to take up a new position at Ceva Logistics as Auto Sector Lead for the Asia Pacific region. He will be based in Shanghai and target Ceva's automotive market strategy in the region. "Our goal ...
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Pirates target MOL car carrier
On Sunday night a Mitsui OSK Lines’ car carrier was attacked by pirates in the Gulf of Aden, 900km off the coast of Somalia. The Jasmine Ace, which was carrying 377 used vehicles on route to the Port of Mombasa in Kenya, evaded capture by taking evasive action but sustained ...
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Indian-Italian JV targets small car segment
Indian LSP Pallia Transport has entered into a 50:50 logistics joint venture with Italy’s Gruppo Mercurio to provide end-to-end vehicle movement services between India and Europe. Called Mercurio Pallia Logistics, the new company is looking to benefit from the growth in Indian vehicle sales especially with Monday’s launch of the ...
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LSPs warned not to burn bridges with China
Global automotive logistics companies that are not showing enough commitment to carmakers in China during the current downturn will jeopardise their chances of future business when the market recovers, according to the China Federation of Logistics and Purchasing (CFLP). Ma Zengrong, Vice General Secretary of the Chinese Automotive Logistics Association ...
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A Born identity for Mitsubishi in Europe
Mitsubishi is moving its European head office from Amsterdam in the Netherlands to the same location as its parts distribution centre and assembly plant in Born in the southeast of the country. The move comes as part of a major restructuring of Mitsubishi’s European unit which will see various ...
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Kia boosts aftermarket parts operation
Kia is in the process of transferring its aftermarket parts operation in the UK from Fradley (near Lichfield) to join Hyundai at a new 19,500m2 distribution warehouse in Tamworth in the Midlands. Full transfer will be completed on May 5th this year. The new £32m ($46.7m) facility is managed by ...
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Port of Maputo prepares for increase in vehicle volumes
South African shipping and freight logistics company Grindrod has just completed phase one development on a 52,000 capacity car terminal at the Port of Maputo in Mozambique. The company, which holds a 24.8% stake in the port, is looking to make the port an alternative to the busy Port of ...
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Low volumes mean idle fleets
Wallenius Wilhelmsen Logistics (WWL) is planning to lay up between 15-20% of its 60-strong fleet as the industry experiences a 30-40% decrease in automotive volumes. "Like our customers, we have to adjust our capacity,” said CEO Arild Iverson. “Since we do not predict any significant up-turn in the market until ...
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China looks at new standards for vehicle transporters
The China Automotive Logistics Association (CALA) is planning to test four new car carrier models that are longer than the current standard in China as part of a feasibility study for their introduction in the country. The study is subject to approval at this month’s CALA conference held in Beijing. ...
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Container lines fear floating in a bloodbath
Freight rates for container shipping have fallen so dramatically in the past months that many struggling container lines and other players will not survive if prices stay at this level or decrease further, according to several executives from shipping lines and logistics companies. Speaking at Bremen Logistics Day 2009 ...
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Ceva blurs the line between LSP and tier one in Brazil
AV Manufacturing, a subsidiary of Ceva Logistics, has bought the assets of Delphi’s supply operation at GM’s Automotive Industrial Complex in Gravatai, Brazil. The acquisition puts AVM in control of an 8,000m2 warehouse with responsibility for the full range of services involved in the supply and sub-assembly of front suspension ...
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DHL is first to receive quality award from Jaguar Land Rover
DHL Exel Supply Chain has become the first company to receive Jaguar Land Rover’s new Quality Award for Best Business Process Quality Improvement Project. The Quality Awards have been established to recognise teams working in partnership with the JLR business that have made exceptional contribution to quality during 2008. The ...
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Ford wants more intermodal solutions
Ford is exploring a range of intermodal options across Europe as it seeks to cut logistics costs and improve efficiency, including new rail lines to Russia, a Central Eastern hub in Poland and the use of the Danube as a commercial inland waterway in Romania. Talking at this year’s Automotive ...