All articles by Automotive Logistics – Page 42
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Toyota JV begins exports from India
Toyota Kirloskar Motor (TKM), the joint venture between Toyota Motor and Indian engineering conglomerate Kirloskar Group, has started exports of Etios models to South Africa from its facility near Bangalore via the port of Ennore. It is the first time the company, in which Toyota has a controlling 89% share, ...
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Toyota awards US LSPs for outstanding service
Toyota Logistics Services, the North American logistics division of Toyota, has revealed the winners of its US logistics partners Excellence Awards for performance in 2011, with strong showing from ocean forwarder K Line America and rail provider Union Pacific Railroad. The Special Service Award went to road transport provider ...
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Global round up
Finnlines begin Ust-Luga service Baltic and North Sea shipping operator, Finnlines, has made its first delivery of Kia vehicles to the Russian port of Ust-Luga. More than 1,000 vehicles were delivered aboard the Finnsun to the Railway Ferry Terminal at Ust-Luga for onward shipment to the Russian market. The ...
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Tornado tears up Schneider facility
A Schneider National facility near Dallas, Texas has been badly damaged by a tornado, one of a number that wreaked havoc in the area on Tuesday. The US transport and logistics provider said that all employees had been accounted for and were safe. "We are thankful and relieved to report ...
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Daimler begins production in Hungary
Daimler has started production at its new €800m passenger car plant in Kecskemét in Hungary for production of the Mercedes-Benz B-Class supported by rail logistics links with its German plant in Rastatt, which also makes the model. The rail links are part of the Daimler Rail Net network, which recently ...
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Argentina under pressure to change import rules
Argentina has come under renewed pressure from the WTO for its import-licensing measures which member states said are restricting trade across a range of goods including vehicles and automotive parts. At last Friday's Council for Trade in Goods meeting in Geneva, Michael Punke, the deputy US trade representative, complained ...
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North American vehicle imports on the rise
Recent figures from industry analysts and regional manufacturing associations show that North America is seeing significant growth in demand for imported vehicles, boosting volumes for vehicle carriers serving the market. Data from Autocorp and Reuters show that sales of imported cars were up 17.7% in March to 246,522 against the ...
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Gefco reports 12.9% increase in turnover
French logistics provider Gefco has reported a turnover of almost €3.8m for 2011, a 12.9% increase compared to 2010. Operating income reached a record €223m according to the company, representing a 5.9% turnover. The company said that the opening of new subsidiaries and major external growth enable it to win ...
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Global round up
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Executives on the move
Greg May, who left his position as president of leading US car carrier Jack Cooper Transport last August, has moved into a new role as president and CEO of Car Delivery Network (CDN). CDN provides real-time information on outbound vehicle movements via cloud-based applications for shippers and carriers. May said ...
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Carriers cautious over gigaliner statements
The European Commission may be changing its interpretation of EU rules to allow the movement of longer and heavier vehicles (LHVs), also called gigaliners, across European country borders following comments this week by Siim Kallas, European commissioner for transport. Under current EU haulage regulations trucks must conform to a maximum ...
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Renault renews contract with Ceva in Brazil
Ceva Logistics has signed a two-year extension to its contract with Renault in Brazil for the receipt, storage and consolidation of parts for export to France, Argentina, Mexico, Romania, Colombia and South America. Ceva is dedicating a 4,000-square metre area at its site in São José dos Pinhais, Parana, ...
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Car boost to Russian Baltic ports
The ports of St Petersburg and Ust-Luga have shown dramatic growth for direct imports over the last year with significant investment now being made to meet demand. St Petersburg recorded that its fastest growing import was finished vehicles in 2011 and Third Stevedoring Company, which is part of Vladimir Lisin's ...
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Forwarders fined for price-fixing airfreight
The European Commission has fined 14 logistics firms a total of €169m ($225m) today for involvement in four cartels that fixed air freight forwarding prices over a five-year period between 2002-2007. This week's fines follow charges brought against the companies in 2010. The list of companies includes DB ...
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Global round up
Groupe CAT wins Ssangyong contract in UKTransport and logistics provider Groupe CAT is providing Ssangyong with technical services for vehicle imports to the UK through the port of Bristol at Portbury following a contract signed in February. Onward distribution to the dealerships in the UK will be handled by CAT's ...
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GM reveals figure for PSA stake
Further details have come to light on the cost-saving alliance announced at the end of February between General Motors and PSA Peugeot-Citroën. According to news service Reuters, GM has made a regulatory filing with the US Securities and Exchange Commission, in which the carmaker states it will pay €320m ($423m) ...
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EU should use transport investment for growth
Members of the European Parliament and policymakers from the European Commission have made calls to use investment in transport infrastructure and intelligent systems as a means to encourage economic growth in the European Union. The remarks have come on the eve of a budget decision in the European Parliament that ...
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Italian transport strike closes Fiat plants
Fiat has been forced to close all five of its plants in Italy because of a transport strike that has been running for three weeks and which has prevented the delivery of finished vehicles that are now filling storage lots at facilities as well as compounds around the country. The ...
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Mexico to cut vehicle exports to Brazil
Mexico has agreed this week to cut future vehicle exports to Brazil following a threat to the future of the ten-year old trade deal between the two countries that gives them preferential access to each other's car markets. The latest development follows a request by the Brazilian government that ...
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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 ...