All North America articles – Page 51
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PAM Transportation posts record profits
PAM Transportation, an irregular route trucking company based in Arkansas, North America has reported record profits in the third quarter, 2014. Stronger freight demand and lower fuel costs helped PAM to reach its latest figures, with the company posting a net income of $5.06m, a 111% gain on the $2.39m ...
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Daimler shifting some van production from Germany to NAFTA
Daimler has announced that it will localise the next-generation Mercedes Sprinter van in North America in full part-by-part production, while investing further at its main German van plants in Düsseldorf and Ludwigsfelde.The OEM has not said where future production will be, including whether it will be based in the US, ...
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KCS sees big automotive rail growth in Q3
North American rail provider Kansas City Southern has reported a 28% increase in revenue from the automotive sector in its third quarter results and has announced higher investment in its network as it anticipates handling more US-Mexico cross border traffic, including that for intermodal and vehicle cargo.KCS’s strongest demand for ...
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The time is now : Joining the Mexican wave of logistics investment
Mexico is firmly in the spotlight, as a wave of new investment is announced by OEMs across the globe, including most recently BMW, Infinity, Mercedes-Benz and Kia. With more carmakers and tier suppliers adding production capacity, vehicle output is expected to grow by 50% by the end of the decade, ...
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Africa potential and material cost key to South African survival
South Africa’s automotive industry could face significant declines should the market fail to address issues including a lack of supply chain localisation, high costs and logistics disadvantages. Despite close access to fast-growing African markets, speakers at the recent South African Automotive Week warned that the country could share a similar ...
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Mario Cavallucci to head up Yusen Logistics Germany
Mario Cavallucci has been appointed to the position of managing director, Yusen Logistics Germany. Mario first joined Yusen Logistics as deputy managing director in May 2014, and began his new position at the start of October. He will be based at the company’s German headquarters in Dusseldorf. Speaking about his ...
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FCA’s Wall Street debut muted; Marchionne targets China expansion
Fiat Chrysler Automobiles (FCA) made its Wall Street debut on Monday, with a muted response from investors. Analysts critical of FCA have led to investors being cautious about the listing. IHS Automotive, an industry research firm said it does not expect FCA to meet CEO Sergio Marchionne’s aggressive sales targets ...
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Lufthansa Cargo expands in Africa
Lufthansa Cargo, a subsidiary of Lufthansa, has recently added Tunisia and Nigeria to its cargo network.With increased demand coming from Tunisia, the freight airline is increasing its presence on the continent for its 2014-2015 winter flight plan. In September, Lufthansa Cargo began flying to Lagos, Nigeria twice a week, and ...
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Baltimore port opens second berth for vehicle handling
The US port of Baltimore has officially opened a new automotive berth at the Masonville/Fairfield terminal following an investment of $22m. At 358 metres it is 90 metres longer than the existing berth and nine metres wider, as well as being much stronger. It is also equipped to handle rail ...
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MetroGistics, PMTG, and McNutt will partner as ‘asset medium’ provider
US vehicle logistics services provider MetroGistics is joining up operations and customers with trucking provider Precision Motor Transport Group (PMTG) and less-than-truckload service provider, McNutt Automotive Logistics. Both MetroGistics and McNutt will eventually merge to become a single company. The agreement will produce a mixed transport asset heavy and light ...
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GM’s Lieblein receives Hispanic achievement award for engineering
Grace Lieblein, GM’s vice president of global purchasing and supply chain, has been recognised with the 2014 Engineer of the Year award at the 26th Annual HENAAC Conference.The award was given by gateway organisation Great Minds in STEM, a non-profit organisation that promotes opportunities for the academic and career development ...
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Renault-Nissan to supply vehicles and engines to Daimler
The Renault-Nissan Alliance has signed a number of agreements to supply Daimler with vehicles and engines as the partnership between the two companies – which was signed in 2010 – continues to develop.Under a new contract signed last month, Nissan is supplying Mitsubishi Fuso Truck and Bus Corporation (MFTBC), a ...
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Daseke grows its high and heavy business with Lone Star merger
Lone Star Transportation, which specialises in the road haulage of complex high and heavy shipments, has been merged with Texan rival Daseke for an undisclosed sum.Daseke also provides open-deck and oversize road transport services across North America and has a number of subsidiaries specialising in this sector, including Boyd Brothers ...
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Gattoni to take over as head of Landstar System
James Gattoni will take over as president and CEO at North American transport provider Landstar System from the end of December this year. He is replacing Henry Gerkens in the CEO role. Gerkens, who is also chairman of the board, will now serve as executive chairman of the board until ...
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ATRI survey reveals top ten issues in trucking
The American Transportation Research Institute (ATRI) has revealed a list of the top ten critical issues facing the North American trucking industry, with the controversial hours-of-service rules for drivers at the top and still a major concern for the industry.ATRI has surveyed more than 4,000 trucking industry stakeholders for the ...
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Cutting logistics costs key to GM profit targets
General Motors has revealed details about how it plans to increase its margin to 10% in 2016, with cuts in material and logistics costs making up a large part of the company’s savings in regions including North America and South America.During an investor meetings last week in Michigan, the company’s ...
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Kinsella leaves Gefco for automotive role at Expeditors
Karen Kinsella (pictured) has moved from her role as global key account manager for automotive at transport and logistics provider Gefco, to take up a new role at Expeditors as vertical manager in the automotive division for Europe.Expeditors is a global logistics and freight forwarding provider based in Seattle, Washington ...
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TNT revises profit outlook and launches rebrand
Global logistics provider TNT has said it is revising its forecasted 8% operating margin for 2015 in light of deteriorating trading conditions in Europe and increased competitive pressures. At the same time the company has launched a new brand identity, with a redesigned logo and the addition of the strapline ...
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Renault Samsung ships Nissan Rogue from Korea to US
The first batch of Nissan Rogue SUVs, produced at the Renault Samsung Motors Busan plant in South Korea, has been shipped to the US from Busan New Port. A total of 4,000 vehicles were moved on the first haul, with plans to begin selling them in North America and Canada ...
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Comprehensive Logistics opens $30m GM support facility
Comprehensive Logistics, a third party logistics provider, will be opening a new $30m automotive manufacturing support facility just a mile from the General Motors plant in Spring Hill, Tennessee. The facility will house the manufacturing and light assembly of automotive components for the OEM. The Spring Hill facility is expected ...