Supply chain managment – Page 66
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Prologis buys DCT Industrial
Prologis is buying rival US-based logistics real estate developer DCT Industrial for $8.4 billion.The acquisition gives Prologis more than 65 hectares of additional industrial project space and almost 80 hectares of land in pre-development, predominantly in Seattle, Atlanta, South Florida and Southern California.“For some time, we have considered DCT’s realigned ...
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Being Pragmatic about tracking
Assigning materials and components an individual identity that can be tracked easily and reliably from the goods-inward stage through production to delivery to the customer, and even throughout their lifespan, is a fundamental element of effective logistics. In a high-volume environment such as mainstream automotive manufacturing, this will mean that ...
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Waking up to a new dawn
Brazilian vehicle manufacturers are increasingly optimistic that the country can claw its way out of a deep recession. The country is experiencing a period of low inflation, low interest rates, light GDP growth and a tentative recovery in employment, reflected in improving purchasing power and consumer confidence. Moreover, consumers with ...
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Trusting the market will stay afloat
European vehicle-handling ports saw growth in vehicle vehicle volumes in 2017, however geo-political worries – not least Brexit – is causing concerns. Ports continue to invest but there are worries over future volumes and capacity levels.
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Russia to halt parts imports during Fifa World Cup
Russia is likely to cease importing almost all automotive components and spare parts for two months from May 25 to July 25, as the federal government seeks to impose unprecedented security measures in the country for the duration of the Fifa World Cup 2018 football tournament.The government is planning to ...
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CMA CGM to take 25% stake in Ceva Logistics
International container shipping company CMA CGM has agreed to acquire a 25% share of third-party logistics provider Ceva Logistics, estimated to be worth up to 450m Swiss francs ($458m), in convertible bonds.The deal remains subject to regulatory approval, at which point the bonds can be converted into shares. The deal ...
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Gefco reports gains in automotive beyond core PSA contracts
Gefco has reported annual revenue gains of 5.1% in its full-year results for 2017, earning €4.4 billion ($5.4 billion). Sales were supported by a 8.1% growth in global automotive accounts outside of its traditional activity for former parent company Groupe PSA (which now includes GM's Opel/Vauxhall divisions). The company noted ...
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Jaguar Land Rover to cut production jobs in UK
Jaguar Land Rover (JLR) has confirmed that it will shed 1,000 agency staff jobs at its Solihull plant in the UK Midlands over the next two years because of “continuing headwinds impacting the car industry”. The carmaker, which is the UK's biggest producer, confirmed that in March sales were down ...
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Navigating uncharted waters
At 04.00 on June 26 last year, Jim Hagemann Snabe, chairman of AP Moller-Maersk, was woken by a phone call from his office. That’s when he learned that the global shipping giant had fallen victim to a cyber-attack. Over the next few hours, the true severity of the incident became ...
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VW Truck & Bus partners with Hino Motors
Germany’s Volkswagen Truck & Bus and Hino Motors of Japan, the Toyota division that makes trucks, buses and light commercial vehicles, have signed an agreement to cooperate in a range of fields including procurement, technology, logistics and transport. Hino Motors' president and CEO, Yoshio Shimo (left) and Andreas Renschler, CEO ...
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China to slash car import tariffs and aid foreign JVs
China’s president Xi Jinping has said the country will greatly reduce its current 25% duty on foreign-made cars as part of wider efforts to increase imports and reduce its trade surplus with other countries.“This year we will significantly lower import tariffs for vehicles and reduce import tariffs for some other ...
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Mercedes-Benz: Taking an end-to-end approach
It may have taken Mercedes-Benz around 120 years to reach 1m cars per year, breaching the mark around the turn of the 21stcentury. However, the recent surge in growth of the brand has seen it rise by around 1m units in sales and production in just five years, with passenger ...
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Finalists for Automotive Logistics Awards – Europe 2018 revealed
The shortlist of finalists for the inaugural Automotive Logistics Awards – Europe has been revealed, with 73 entries competing in 14 different categories. The shortlist forms a cross-section of the industry’s leading carmakers, suppliers and logistics providers (see the full list of finalists here).The finalists were chosen from a large ...
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VW cancels contracts with Prevent Group after supply problems
Volkswagen has cancelled the majority of its contracts with parts and material supplier Prevent Group following a series of supply problems affecting production in Brazil between 2015 and 2016. The carmaker said the problems had cost it a total of €250m ($307m).Since the 1990s, Prevent Group, based in Bosnia, has ...
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GM calls for dialogue as US-China trade war looms
General Motors has called on the US and China to pursue long-term, lasting trade policies in the face of threats by each country to impose a total of $50 billion in import tariffs on each other’s goods. China has said it would impose a 25% tariff on 106 US products, ...
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Volvo Cars: Outbound evolutions
The vehicle yard at Torslanda, at Volvo Cars’ global headquarters in Gothenburg, Sweden, is just one part of the OEM’s growing global logistics operations, but it is a good place to glimpse some important changes and innovations. For example, the global shape of the Geely-owned carmaker’s expanding production footprint ...
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Penske Logistics puts the focus on driver behaviour
Third-party logistics provider Penske Logistics has announced the introduction of onboard cameras to improve safety across its North American fleet of more than 2,800 heavy-duty trucks. The event-triggered cameras will capture footage both inside the cab and out through the front windscreen, and are being introduced along with a new ...
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Siemens to boost 3D printing in UK
German technology and engineering giant Siemens plans to more than treble 3D printing hardware at its British operation, Materials Solutions in Worcester, opening up the possibility of serial production of printed parts.The company is investing £27m ($38.3m) in a new building, due to open in September, that will let Materials ...
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Ford partners with fashion chain Next on UK car sales
Ford’s UK operation has signed a partnership with fashion retailer Next to increase the range of sales outlets for its vehicles.The carmaker will open a five-car showroom at a refurbished Next store in the Arndale shopping centre in Manchester. Test drives will be available and new cars can be handed ...
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PSA to move engine production closer to assembly plants
French carmaker PSA Group is to reorganise operations across Europe to boost regional competitiveness by improving the performance of its powertrain plants. Some production will be transferred from Asia in line with company plans to make components as close as possible to its car plants, thus cutting supply times and ...