All North America articles – Page 85
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Feature
UPS to buy TNT Express for $6.8bn
United Parcel Service (UPS) has reached an agreement on its offer for ownership of TNT Express that, once approved, will create a global integrated logistics network with more than $60 billion in annual revenues. UPS raised its cash offer of €9.50 ($12.50) per share to secure the deal and is ...
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Global Vehicles loses dispute with Mahindra
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Global round up
Höegh Autoliners commences regular Sagunto serviceHöegh Autoliners has launched a new regular service from the Spanish Mediterranean port of Sagunto to the US East Coast, complementing existing services from Sagunto to the Far East, the Black Sea, the Mediterranean and Northern Europe. Vessels will call on a three-week rotation. ...
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Brazil seeks review on Mexico trade pact
Brazil has made it known that it wishes to renegotiate a trade agreement it has with Mexico, bringing forward from 2020 to 2015 the possibility of trade in heavy vehicles. The Complimentary Economic Agreement (ACE) first appeared in 2003 and has resulted in bilateral automotive businesses growing from little more ...
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Nissan adds new model to UK output
Nissan is investing £125m ($196m) to add a new model to its UK plant Sunderland next year based on the compact Invitation hatchback concept revealed at the Geneva Motor Show this week, with an estimated initial output of 100,000 vehicles. The project is also supported by a ...
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Global round up
Geely to export CKDs for assembly in EgyptChinese carmaker Geely is reported to have entered an agreement GB Auto (Ghabbour Auto), a vehicle assembler based in Egypt, for the production for vehicles for sale in the country and the wider North African market. Geely said last year that it was ...
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Global round up
Gebrüder Weiss sets up JV with Tegeta MotorsEuropean logistics and transport provider Gebrüder Weiss has established a majority stake in a joint venture with Tegeta Motors, a vehicle spare parts and service provider based in Tbilisi, Georgia which distributes international brands in the Caucasus region. Called Gebrüder Weiss-Tegeta, the ...
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Mazda PDCs to improve deliveries
Mazda has shed more light on the development of its parts distribution network in North America, following last week's news that it has brought the number of facilities in the region to seven as it seeks to improve delivery times and reduce transport costs there. Four new parts distribution centres ...
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Caterpillar will export from US
Caterpillar is building a new plant in Athens, Georgia to make small tractors and hydraulic excavators for domestic and export markets. The new plant will continue output previously handled by the construction machine maker's plant in Sagami, Japan. The location has been chosen for its strong local supplier base ...
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Bremerhaven takes lead in Euro vehicle handling
The German port of Bremerhaven has taken the top European spot for vehicle handling in 2011-and likely the world-with a record-breaking volume of 2,050,000 units handled last year. The result represents a 30% increase in vehicle handling compared to the previous year and means Bremerhaven has come from ...
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Global round up
Mazda opens latest North American PDCMazda North American Operations (MNAO) has opened the fourth of its new parts distribution centres in the US, part of a network that will include five centres in the US and two in Canada, all part of a $20m network expansion announced in 2010. ...
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VW builds Mexican distribution hub
In Mexico, Volkswagen has begun construction of a new $23m central distribution facility adjacent to its production plant at Puebla. The logistics hub will open at the end of August 2012. The construction of the facility is being handled by the Alhemos de Puebla company, which is being granted a ...
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Import tax to savage foreign car sales in Brazil
The Brazilian Association of Vehicle Importing Companies (Abeiva) estimates that the number of vehicles sold by its members in Brazil will fall by 20% in 2012. It blames this on a 30% tax hike imposed on imported vehicles as of 16 December 2011. Industrialised product tax (IPI) is levied ...
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Feature
Global round up
Russia auto imports grow in 2011Russia saw a 46% increase of vehicle imports in the period January to November 2011 compared to the same period in 2010, raising the number to 901,500 vehicles. According to data from the Russian Federal Customs Agency, nearly 776,000 of these were from countries outside ...
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Fiat-Chrysler will use Mopar
Fiat and Chrysler are integrating their parts and aftermarket services under the Mopar brand, originally a Chrysler service, parts and customer care division that is celebrating its 75th anniversary. The globalisation of the Mopar brand begins today (Wednesday) and is being marked with the release of a new packaging design ...
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Portland first with Ford for Korea exports
Ocean forwarder Eukor has picked up a consignment of Ford vehicles from the US port of Portland for shipment to South Korea. It is the first time that Ford vehicles have been exported through the port, situated in Oregon, on the US West Coast. The vehicles were processed by ...
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EU carmakers' concern over India FTA
European carmakers are concerned about a free trade agreement between the European Union and India that would grant immediate free-duty access for Indian passenger car exports to the EU but retain a 30% tariff on European vehicles exported to India. “Import duties should be completely eliminated on both sides, and ...
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Global round up
Auto helps fuel Lufthansa Detroit serviceLufthansa Cargo has begun a new service between Frankfurt, Germany and Detroit, Michigan in the US to meet increased demand from sectors including automotive. “The new freighter connection supplements the daily flights operated by Lufthansa passenger aircraft, and offers our customers more capacity and greater ...
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Executives on the move
As part of wide restructuring efforts at DHL Supply Chain (read more here), Paul Dyer, previously managing director of Automotive UK and head of Global Automotive, has taken on a new role as managing director, Automotive, Industrial, LLP (UKI). Dyer will continue to lead the automotive sectors across the ...
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An alternative to NYC’s bridge & tunnel imports
Starting in 2012, carmakers and ro-ro lines will have a direct link to vehicle distribution on the east side of the Hudson river for the first time. The South Brooklyn Marine Terminal (SBMT), in the Sunset Park industrial area of Brooklyn, will offer processing and technical services, managed by Axis ...