All Shipping articles – Page 23
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NYK bids to take full ownership of its Yusen Logistics subsidiary
NYK has tendered an offer to take 100% ownership of its subsidiary Yusen Logistics, with a buyout offer equal to 25.6 billion yen ($224.8m).The Japanese shipping company currently owns 59.5% of Yusen Logistics, which was established in 2010 through the combination of NYK Logistics and Yusen Air & Sea Services. ...
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Gefco invests in expansion to meet demand in vehicle traffic through Portbury
The UK division of transport and logistics operator Gefco has reported an increase in turnover at its facility in Portbury last year to £12m ($16m), following an extensive overhaul of facilities and technical services for its OEM customers, including its former owner PSA Group. Further unspecified increases are forecast for ...
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Plugged in for progress
Evolution of CCS charging technology for e-cars towards 350 kW" width="500" height="500">The last two decades have seen the emergence of the alternative propulsion vehicle market from almost nothing. According to PwC Autofacts data, sales in 1997 across all hybrid and electric vehicles numbered about 6,000 vehicles. This year, the ...
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Vehicle handling through Sagunto continues to surge
Automotive traffic through the Spanish port of Sagunto, administered by Valenciaport, has continued to grow significantly so far this year.In the first three quarters of the year, the port handled 170,217 finished vehicles – up 28% over the corresponding period in 2016. While general cargo also grew by 24% over ...
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Sharp rise in global transport and logistics deals in third quarter
The latest PWC Deals quarterly report on the global transport and logistics (T&L) sector has revealed a 37% increase in the value of mergers and acquisitions, compared to a year earlier.Overall, the sector reported 71 transactions (up 15% year-on-year) worth $43.3 billion during the third quarter of the year, experiencing ...
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FCA seeks reparations from global ro-ro carriers for Shipping Act violations
Fiat Chrysler Automobiles (FCA) has sent a complaint to the Federal Maritime Commission (FMC) seeking damages from six shipping companies it says acted to suppress competition for ro-ro services it purchased along with other carmakers.The move follows action taken by the US Department of Justice (DoJ) after an investigation into ...
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Production & logistics part 2: Questioning the future
This article is one of a series of pieces celebrating Automotive Logistics’ 20th anniversary issue that together take an extended look at the way top executives feel automotive production and logistics have changed in the last two decades – and where they see them heading in the future.
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Operations get underway at Ekol’s Yalova ro-ro terminal
Ekol Logistics has started processing cargo through its Yalova ro-ro terminal in north-west Turkey, following an investment of €40m ($47m).The first shipment of freight was sent to the northern Italian port of Trieste aboard Alternative Transport’s ro-ro vessel Qezban. Ekol has a 65% stake in Europa Multipurpose Terminals, which handles ...
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Ford EcoSport production starts in Romania
The first EcoSport compact SUV to be produced at Ford’s Craiova plant in Romania rolled off the line this week, following a €200m ($235m) investment.The company said the decision to build the model on the continent rather than continue to import it from its plant in Chennai, India, would help ...
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Kuehne + Nagel expands Eurasia Express services with rail to Europe
Kuehne + Nagel (KN) has expanded its Eurasia Express rail service to take shipments between China, South Korea and other Southeast Asian countries to Europe. It said its service from Changchun in northern China, which connects weekly to Hamburg in Germany, would be attractive to automotive customers, and that the ...
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This changing world…
Click here to access more Automotive Logistics 20th anniversary featuresOver the past two decades a number of major global events have had a significant impact on global automotive supply chains, from new technologies, external disruptors entering the industry, catastrophes (both manmade and natural), and political earthquakes.There is little doubt ...
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K-Line and Agunsa launch KAR Logistics to target rising vehicle imports
Chilean multinational logistics agency Agunsa has teamed up with Japanese shipping firm K-Line to form a dedicated automotive logistics company, KAR Logistics.The new company, which will operate in Latin America, has been created to help meet rising automotive import traffic in the region, especially in Chile.In a press statement, Agunsa ...
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Beijing Changjiu Logistics: Independence, investment and internationalisation
Beijing Changjiu Logistics has grown to become one of the largest third-party providers serving the automotive sector in China, both for handling parts and especially for finished vehicles, of which last year it moved 3.08m. The company began its life in 1992 as Jilin Changjiu Logistics but registered as Beijing ...
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Changes are the only certainty at Ford of Europe
Dirk Willmann, director of material planning and logistics for Ford Europe, outlines how the carmaker is improving visibility and adapting its vehicle logistics network across Europe to better manage customer demand and trade uncertainties.
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Mexico rail vs sea: No easy route for exports
Figures from the Mexican Automotive Industry Association (AMIA) show that between January and June this year, more than 85% of the passenger cars and light trucks made in the country were exported to the US and Canada – equal to almost 1.3m units out of a production total of nearly ...
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Per Christian Mørk joins UECC as chief operating officer
European short-sea ro-ro operator UECC has appointed Per Christian Mørk (pictured) as its new chief operating officer (COO). He replaces Erik Jensen, who has moved to Wallenius Wilhelmsen Logistics (WWL) in an as yet unspecified role.Mørk moves to UECC from his previous position as head of sales for Europe, Middle ...
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Höegh Autoliners settles with US authorities after cartel investigation
Shipping company Höegh Autoliners has agreed a settlement with the US Department of Justice (DOJ) after a price-fixing investigation dating back five years.The company has agreed to pay $21m in fines related to exports from the US to the Middle East, following the DOJ’s investigation into the car carrier industry ...
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Live poll results from Detroit
Live polling conducted at the Automotive Logistics Global conference in Detroit showed a recognition that environmental sustainability will play a bigger part in future supply chains, and that total supply chain comprehension will be the most important skill to have over the next decade.Delegates at the 2017 Automotive Logistics ...
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Greenpeace protestors board ro-ro vessel carrying VW diesel vehicles
Greenpeace activists have boarded a ro-ro vessel in the UK’s Thames Estuary carrying Volkswagen diesel-engine passenger vehicles for the UK.A group of 25 volunteers in kayaks and boats surrounded the 23,000 tonne ship owned by K-Line’s European short-sea subsidiary, KESS, and attempted to stop the Volkswagen cars from entering the ...
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Union Pacific combines intermodal and automotive, creates new logistics entity
US railroad company, Union Pacific, has consolidated four of its subsidiaries into one logistics entity as part of a reorganisation of marketing and sales that also sees six of its business units reduced to four.As part of the change, the company's automotive and intermodal business units have been combined to ...