All Supply chain management articles – Page 79
-
![Liberty House Group acquires Amtek UK (2)[1]_opt](https://d3n5uof8vony13.cloudfront.net/Pictures/100x67/4/5/6/18456_Liberty-House-Group-acquires-Amtek-UK-21_opt.jpg)
FeatureLiberty House buys parts supplier Amtek UK out of administration
Liberty House has acquired the assets of manufacturer Amtek Aluminium Castings and King Automotive Systems (Amtek UK) from administrators PWC in a rescue deal for an undisclosed sum.Amtek UK, a cast aluminium engine and components supplier to carmakers, has two plants in the West Midlands and one at Witham, in ...
-
FeatureDigitalisation: for better or for worse, you can't just ignore it
Disruption or continuous improvement? That is the question over what digitalisation, autonomy and electrification will do to automotive logistics. Will new players swipe away older ones as though deleting undesirables on an app, or will technology improve efficiency and customer reach?The stock market drives the bleaker outlook for some. With ...
-
FeatureNew UK customs system may not be ready in time for Brexit
The UK Audit Office has warned in a report this week that while progress has been made in designing and developing the new Customs Declaration Service (CDS), there is a risk its full functionality and scope will not be in place by the time the UK leaves the EU in ...
-
FeatureStronger than ever
ECG president Wolfgang Göbel sees plenty of things to celebrate this year – even if political turmoil and gridlock are getting in the wayLast issue, I wrote that 2017 was on track to be ECG’s busiest year yet. In this edition I am happy to say that continues to be ...
-
FeatureChinese consortium bids $11.6 billion for Global Logistic Properties
Singapore’s Global Logistic Properties (GLP) has received a S$16 billion ($11.6 billion) takeover offer from a consortium of Chinese investors, in what would be the biggest private equity buyout of an Asian company by enterprise value.GLP, which owns and operates a global portfolio of 55m sq.m of space, announced a ...
-
FeatureFedEx admits TNT hasn’t fully recovered from June’s cyber-attack
Global courier company FedEx has admitted that its subsidiary TNT Express is continuing to suffer from the effects of last month’s cyber-attack. The firm is still processing some transactions manually, it said, and some data may never be fully recovered.“All TNT depots, hubs and facilities are operational and most TNT ...
-
FeatureNafta document shows US wants to retain tariff-free trade
A summary of the US’s objectives in upcoming negotiations over the North American Free Trade Agreement (Nafta) has highlighted a clear desire to retain tariff-free trade arrangements with Canada and Mexico.Though the summary highlights a reduction of the country’s two large trade deficits with its North American partners as the ...
-
FeatureDifferent digital paces
The headline above might well have read ‘industry and logistics 4.0’, ‘the industrial internet of things’, ‘factories of the future’, ‘smart supply chains’ or ‘manufacturing 2025’.Or we might have turned to one of a growing number of acronyms used to outline the car industry’s future, like Mercedes-Benz Car’s CASE or ...
-
FeatureSmart packaging: The quest for greater precision
Packaging is one area in the automotive supply chain in which greater connectivity and ‘internet of things’ (IoT) devices have the potential to make significant improvements. Many of the chronic issues that accompany the management and flow of equipment, including missing or incorrect containers, damage to parts, as well as ...
-
FeatureRoyale opens Mexico office after fourfold rise in parts shipments
Time-critical shipment specialist, Royale International, has opened a divisional office in Mexico in response to a 400% increase in the movement of automotive parts over the last five years.According to Salvador Marin, senior account manager at Royale International, Mexico is now the company’s third biggest country in terms of revenue, ...
-
FeaturePSA uses helicopters to circumnavigate blockade
Groupe PSA was forced to use helicopters to transport parts to its car plants in France last week, after workers from financially troubled parts supplier GM&S, which is in receivership, travelled 200km from their base in La Souterraine to block access to PSA’s parts factory in Sept-Fons.A spokesman for the ...
-
FeatureRussia summit: Dealing with the reality of a slow recovery
Confidence is gradually returning to the Russian automotive market with sales and production showing definite signs of life after a tough period of retrenching and divestment. Sanctions remain but many at this year’s Automotive Logistics Russia conference in Moscow felt that this was the time to invest in the market ...
-
FeaturePrivate equity group EQT buys into terminal at Port of LA
EQT Partners, the Swedish private equity group, has acquired a 90% interest in the Global Gateway South (GGS) terminal at the Port of Los Angeles for $817m.The investment is being made by the EQT Infrastructure III fund which completed a €4 billion ($4.5 billion) fundraising in February.The seller, CMA CGM, ...
-
FeatureSentech to close Port Elizabeth site in wake of GM’s exit from South Africa
The Sentech automotive parts plant in Port Elizabeth, South Africa, is to close by the end of September. The move follows General Motors’ (GM) recent announcement that it would cease manufacturing and selling Chevrolets in the country by the end of the year.Describing the OEM’s recent announcement as “sudden”, Treve ...
-
FeatureVolvo Cars China: A system built for growth
[sta_anchor id="1"]Few carmakers have been moving as quickly as Volvo Cars to develop and expand their industrial footprint in China. In less than five years, the carmaker has launched two assembly plants and an engine factory, while ramping up production and more than doubling sales in the country. It has ...
-
FeatureVolkswagen Group Logistics: Come together, right now
All carmakers are [sta_anchor id=”1”]grappling with how to plan and respond to the technological, social and economic changes that are expected to affect their products and businesses. Manufacturers must simultaneously manage rising demand for both traditional and alternative fuels, while exploring new models for mobility that might, in future, change ...
-
FeatureMassive cyber-attack hits global shipping companies
AP Moller-Maersk and TNT Express are among a rapidly growing number of companies so far affected by this week’s global cyber-attack, which has also hit Ukraine’s power network, transport services and banks, as well as the Rosneft oil company in Russia.Security experts said a malicious software called Petya and a ...
-
FeatureAlonzo takes senior supply chain logistics role at Yokohama Tire
Yokohama Tire Corp in the US has appointed Rick Alonzo as its new senior director of supply chain and logistics. He replaces Jeremy Kahrs who has moved to a new role as chief strategy officer.Alonzo moves from biotechnology company, Roche Diagnostics, where he was director of global supply chain management. ...
-
FeaturePorsche starts electric truck trial within logistics network at Leipzig plant
Porsche says it has started testing an electric truck for deliveries from the logistics centre at its Liepzig plant in Germany to the nearby assembly supply centre.The project forms part of the eJIT research initiative, which includes Porsche Leipzig as well as engineering group, IAV GmbH, Schnellecke Logistics, Volkswagen Sachsen ...
-
FeatureMomentum builds for post-Brexit transition period to avoid ‘cliff-edge’
A prominent UK government minister and the Society for Motor Manufacturers and Traders (SMMT) were among those that this week called for interim arrangements to be put in place after the two-year Brexit negotiation deadline, as the chances of a new trade deal being in place by then seemed unlikely ...