All United States Of America articles – Page 35
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AMP Capital buys ITS ConGlobal from Carlyle Group
AMP Capital, an Australian investment firm with over $137 billion in funds under management, has completed its largest ever North American deal, buying logistics company ITS ConGlobal (ITSC) from the Carlyle Group for an undisclosed sum.A Reuters report suggested the deal was worth more than $500m, citing unnamed sources.The company ...
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US car carriers: Driven to deliver
The US car market is forecast to contract slightly over the next two to three years, with sales set to fall from a high of 17.8m this year to around 16.3m in 2019, according to figures from industry analyst PwC. As OEMs cope with swelling inventory, the car carrier sector ...
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BMW contains fire at Spartanburg plant
BMW has confirmed that a fire that broke out at its Spartanburg plant in the US last Friday had minimal impact on production and was dealt with promptly by its own on-site fire department.The fire started shortly before 07.00 in an air handling unit used to regulate and circulate ...
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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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Mercedes-Benz to invest $1bn in the US for EV production and logistics
Mercedes-Benz has announced that most of the $1 billion it plans to invest in the US to expand its industrial footprint is slated for the future production of electric vehicles, alongside an expansion of its logistics activities in the country.The company plans to produce SUV models under its electric vehicle ...
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Daimler Trucks launches platooning trial on Oregon and Nevada highways
Daimler Trucks North America (DTNA) has announced a truck platooning trial that will take place on selected highways in Oregon and Nevada.The move follows successful trials on DTNA’s proving ground in Madras, Oregon, and the granting of permission by the Oregon Department of Transportation (ODOT) for real-world trials.There has been ...
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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 ...
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Top level changes at Nissan North America
John Martin (pictured) is moving from his role at Nissan North America as senior vice president of manufacturing, supply chain management and purchasing to take up a new role as executive vice president, Alliance Manufacturing Engineering and Supply Chain Management at Renault-Nissan Alliance.From the beginning of October Martin will oversee ...
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Building trust with blockchain
Car clocking is a trend that is on the rise, with HPI Check reporting that in 2016, one in 16 cars were affected, an increase of 20% from 2014.While EU legislation slated for 2018 will make the practice illegal in that jurisdiction, laws are unlikely to solve the problem. For ...
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Knight and Swift merger creates massive truckload services provider
Following receipt of shareholder approval earlier this month, the merger between Knight Transportation and Swift Transportation has been completed.“Knight-Swift is the largest provider of truckload services in North America, with an asset-based fleet of approximately 23,000 tractors and 77,000 trailers, and access to substantial additional capacity through our brokerage and ...
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Surgere completes ROBi inventory pilot at Mahle Behr facility in Dayton
Automotive parts maker Mahle Behr has recently completed a pilot project into inventory management with digital supply chain and packaging expert Surgere. The success of the pilot could see the full deployment of a robotised RFID system at Mahle Behr’s facility in Dayton, Ohio.The pilot project marked the launch of ...
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OEMs e provedores de logística avaliam danos causados pelo furacão Harvey
Os efeitos devastadores do furacão Harvey nos EUA ainda estão sendo avaliados. O número de mortos já chega a 50, enquanto as estimativas são de que os danos excederão o valor de US$100 bilhões.A cidade texana de Houston parece ter sido a mais atingida, enquanto os portos e as fábricas ...
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Carlyle Group buys finished vehicle logistics provider United Road Services
The Carlyle Group has acquired North American finished vehicle transport and logistics provider United Road Services from Charlesbank Capital Partners for an undisclosed sum.The private equity and alternative asset management giant said it bought the company via its Equity Opportunity Fund II, a $2.4 billion fund that invests in middle-market ...
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Susan Moritz joins MetroGistics to head business development
Susan Moritz has joined US-based finished vehicle logistics provider MetroGistics as vice-president of business development. She will be responsible for leading the company’s OEM and ‘mega-dealer’ business segments and developing further growth.Moritz has more than 25 years’ automotive industry experience. Her last role was with e-commerce provider Cox Automotive, where ...
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EDI to facilitate ever more sophisticated sequencing
While few OEM plants run totally ‘make to order’, it is becoming more common that each successive vehicle build on an assembly line will be different. This requires the delivery of parts to line side in an exact order, planned in ‘time buckets’ of as little as four, or even ...
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OEMs and logistics providers assess damage from Hurricane Harvey
The devastating effects of Hurricane Harvey in the US are still being assessed. The death toll already stands at 50, while estimates are that damages will exceed a value of $100 billion.The Texan city of Houston seems to have taken the biggest hit, while ports and car plants were shut ...
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Cummins unveils fully electric truck
US-based truck engine maker, Cummins, has unveiled a concept fully electric class-7 truck as part of an event at its technical centre in Columbus, Indiana.Dubbed the AEOS and described as an “urban hauler EV”, the demonstration vehicle hosts a battery pack offering “longer charge for improved range and faster charging”.According ...
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Lear to build just-in-time seat facility in Flint to supply local GM plant
Seat and electrics supplier, Lear Corporation, plans to build a manufacturing facility in Flint, Michigan to supply seats on a just-in-time basis to General Motors’ local assembly plant.Lear, which did not disclose the size of the investment, will begin construction of the 14,865 sq.m facility this autumn at the former ...
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Trump suggests Nafta renegotiation is likely to lead to US withdrawal
Just a week after the formal renegotiation of the North American Free Trade Agreement (Nafta) began, US president Donald Trump has suggested the US is likely to pull out of the arrangement.Speaking after the first round of talks about the two-decade-plus accord that many carmakers’ supply chains currently rely on, ...