Associated British Ports (ABP) has awarded a construction contract for the next phase of development at its Grimsby Automotive Terminal on England’s east coast.
Glovis America, part of South Korea’s Hyundai Motor Group, has established a truck-based freight transport business in the US…
The UK and South Korea are on the brink of formalising a free trade agreement (FTA) following the conclusion of discussions and the signing this week of a joint statement by the two countries
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Despite economic uncertainty in Russia, analysts expect new vehicle sales to grow further - putting increasing pressure on the nation’s already depleted fleet of car carriers
In recent years, a number of shifts in the industry have begun to affect traditional dealership models, changing the types of relationships that exist between dealers, OEMs and customers.
Hyundai Motor India (HMIL) has decided not to pursue a recent pilot scheme to despatch finished vehicles to Chennai port by rail.
Russia imported 212,400 finished vehicles from January to November of 2018, which is an increase of 15.8% compared to the same period of last year, Russian Federal Customs Service (FCS) estimated. The overall value of finished vehicles imports during that period reached $5.2 billion, FCS added.
Hyundai Kia’s logistics division, Hyundai Glovis, has automated the packaging of semi-knockdown components at its logistics centres in Asan and Ulsan, South Korea. The move is the first step in a wider company initiative to increase productivity through the introduction of smart logistics.
Demand for rail transport is growing faster than service providers can keep up with, according to Siegfried Jung, head of planning and steering vehicle dispatch and transport at BMW Group.
Russia’s Industry and Trade Ministry wants OEMs to make huge investments in new production capacity in Russia over the coming decade, in order to continue qualifying for state aid. A bill laying down the basis of a new national localisation strategy was published in August that is designed to replace ...
Georgia Ports Authority (GPA) has announced it will be adding 24 hectares (60 acres) to support vehicle handling at the port of Brunswick over the next 12 months, creating 8,250 car parking spaces. It also said it would be doubling dockside rail capacity for building loads for inland distribution.
The cost of most new cars in Russia rose sharply in September in response to a mix of factors including the recent devaluation of the Russian rouble, the introduction of higher duties on imported components and an upcoming increase in taxation.
Representatives from carmakers, tier suppliers and the dealership sector were amongst those warning of the enormously disruptive impact of continued import tariffs in the US. Last week’s US Senate Finance Committee hearing in Washington, DC heard that duties on vehicles and automotive parts into the US, as proposed by the ...
Nafta re-negotiations and the ongoing trade disputes between the US and China are creating considerable uncertainty in the automotive industry, but that does not change the need to keep the supply chain international; if anything, cross-border logistics services have become even more important.
After much uncertainty around trade talks between Mexico and the US and the former’s presidential election, Mexico’s economic and political conditions now seem clearer, leaving OEMs and LSPs in the country more optimistic about the future.
The port of Manta, in northern Ecuador, has reported a doubling in the volume of finished vehicles it handled over the first seven months of this year to 42,056 units, compared to 20,691 units in the same period last year.
The collapse in the value of the Turkish lira and the political stand-off between Turkey and the US have some potentially serious consequences for the continued growth of the automotive sector in the country.
Victor Arabe (pictured), previously port manager for Volkswagen's business at the port of San Diego, in the US, has moved to Nationwide Auto Services (NAS) as director of business development. NAS provides paint and hail damage repair services but is widening the scope of its operations by working directly with ...
The re-imposition of sanctions by the US on Iran has dealt a hammer blow to the country’s emerging automotive industry. The threat of retaliation by the US against those whom it deems to have broken those sanctions has, once again, prompted vehicle-makers and logistics companies to pull out of the ...