All News articles – Page 93
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News
SCH seals Neptune ro-ro deal in Southampton
Southampton-based terminal operator SCH has secured a contract to load and discharge all Neptune Lines ro-ro vessels calling at the English port…
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Contingency costs for Brexit exceed £330m while automotive investment plummets
The UK automotive industry has already spent at least £330m ($401m) on contingency plans to cover the country’s departure from the EU, according to the Society of Motor Manufacturers and Traders (SMMT). At the same time, investment has stalled as automotive manufacturers brace themselves for Brexit and big investors fear a no-deal scenario, said the SMMT’s CEO, Mike Hawes, at a press conference in London…
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Hyundai Glovis gets a foothold in Vietnam and targets South-East Asia
Hyundai Glovis has set up a division in Vietnam and will begin by transporting inbound automotive parts to its parent company Hyundai Motor, which has a joint venture assembly plant in the country with Vietnamese company Thanh Cong…
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Tri-Wall secures government funding to proceed with Libris project
Packaging specialist Tri-Wall Europe has secured funding of more than £700,000 ($874,000) from the UK government’s Faraday Battery Challenge scheme, aimed at driving research and innovation into the country’s industrial strategy and a crucial part of the UK’s efforts towards net zero emissions. The scheme brings business and academia together ...
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Lisa Shashek takes over as head of Cassens Transport
Lisa Shashek has replaced Richard Suhre as president and CEO of US vehicle carrier Cassens Transport, with Brian Suhre becoming executive vice-president and chief operating officer. Throughout her career, Shashek has been involved in several areas of corporate and terminal operations at Cassens. She served as ...
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Groupe PSA results show significant losses in China and Iran
Groupe PSA has released worldwide sales results for the first half of the year that show a decline of 12.7% on the same period in 2018, down to 1.9m vehicles, principally caused by the suspension of the carmaker’s activity in Iran and losses in China…
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Chris Conner to take top job at AAPA
Chris Conner is replacing Kurt Nagle as CEO of the American Association of Port Authorities (AAPA). The former CEO of Wallenius Wilhelmsen Logistics (WWL) will take on the new role in mid-October, though will start on September 23, working alongside Nagle during the transition…
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Ghent on a roll with new rail terminal and crossdock
North Sea Port, the merged port authority at the European ports of Ghent, Vlissingen and Terneuzen, has signed a letter of intent with Turkish logistics firm Ekol Logistics and Belgian groupage firm Transuniverse Forwarding to build a multimodal site at Kluizendok, Ghent…
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JLR supplier IAC signs lease at Prologis park
International Automotive Components (IAC) has signed an 11-year lease at the Prologis Park Birmingham Interchange, in the UK…
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Bertrandt moves production and logistics to Flechtorf
German engineering services provider Bertrandt is moving its production and logistics operation outside Wolfsburg, Germany to a nearby site in Flechtorf as of next year…
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Gefco appoints Kumar to head business in India
Prasanna Kumar has been appointed CEO and managing director of Gefco’s division in India, replacing Arnaud Cauchy. Kumar moves from his role at the logistics and transport provider as project director for Groupe PSA and joint venture customers in the country…
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Feature
Baltimore and Jacksonville handling higher vehicle volumes
The busiest vehicle-handling ports in the US, Baltimore and Jacksonville, have reported gains in the first half of 2019, through higher import and export volumes. Baltimore has seen an increase of 8% compared with the same period last year, handling roughly 428,000 units between January and June. It reported record figures for March, with more than 59,000 vehicles processed, plus around 95,500 units of agricultural and construction equipment. The latest figures continue the growth the port has seen over the last eight years…
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UK automotive on shaky ground amid ‘seismic’ trade shifts
Immingham port The UK’s automotive industry is in danger of being crushed by shifting trade relations across different regions of the world, as vehicle import tariffs change between it and the EU, the US and Japan. Uncertainty over the reworking of two of these key relationships, particularly ...
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Nissan Sunderland exports new Leaf to Australia and South America
Nissan has started delivering volumes of the Nissan Leaf electric vehicle (EV) to Australia and South America. The cars are being exported from the carmaker’s Sunderland plant in the UK…
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Samsung SDI to supply Volvo with truck batteries
South Korea’s Samsung SDI has agreed to provide battery cells and modules to Volvo Group. The deal is part of an alliance the pair has signed to develop battery packs for Volvo’s electric-powered trucks…
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Nippon Express expands footprint in Morocco
Logistics provider Nippon Express France has opened a second operation in Morocco, a logistics centre in the port of Tangiers…
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Toyota and CATL to form battery partnership
Japanese carmaker Toyota and battery manufacturer Contemporary Amperex Technology (CATL) of China have agreed to work together to ensure a stable supply and further development of new energy vehicle (NEV) batteries…
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GPC to acquire truck parts distributor
The Genuine Parts Company (GPC) of the US has agreed to purchase the Todd Group, a distributor of lorry parts and accessories for the independent heavy-duty aftermarket in France…
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Ford to end passenger car production in Russia
Ford will end passenger car production at all three of the assembly plants it runs in Russia with Sollers by the end of this year
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Volvo on track from China to Belgium with ARS Altmann and ICL
German vehicle transporter ARS Altmann and Intermodal Container Logistics (ICL) have transported Volvos by train between Xi’an in China and Gent, Belgium.