All Europe articles – Page 34
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EML moves Santander contract to Bergé
Brussels-based shipping line Euro Marine Logistics (EML) has awarded Spanish automotive logistics provider Bergé a contract to undertake stevedoring duties on its finished vehicle traffic at the northern Spanish port of Santander.The contract involves mainly Renault and Nissan brands and covers around 160,000 import-export units a year from this year ...
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EV supply chains: Shifting currents
Mass-market electric vehicles are coming. Global plug-in sales grew 42% in 2016, reaching to 773,600 units.Today, electric vehicles account for only about 0.1% of the global vehicle stock and less than 1% of sales; volume growth in SUVs and trucks, while lower in percentage terms, has had a bigger impact ...
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Reports suggest Trump administration is now more open to an agreement with Europe
Reports this week have suggested President Trump’s administration has become more open to negotiating a trade deal with Europe, despite previous criticism of the bloc by the US president, who has already withdrawn from one multilateral trade agreement and called for the overhaul of another since taking power in January.The ...
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Eastern European hauliers hit back over claims of unfair working practices by western rivals
The leaders of four of eastern Europe’s main road haulage associations have signed a declaration aimed at resolving what they see as a distortion in Europe’s transport regulations and the principle of free movement of goods.The four business associations operate in the Czech Republic, Hungary, Poland and Slovakia (also known ...
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FedEx connects TNT’s hub in Liège to Memphis
Following last year’s acquisition of TNT, global courier FedEx Express has launched a regular flight service from TNT’s European hub in Belgium to the FedEx world hub in Memphis.Boeing 777 freighters with 116 tons of capacity are being used for the flights, which take place five days a week from ...
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Rail used in first shipment of commercial vehicles from China to UK
A trial shipment of commercial vehicles from Dongfeng Sokon (DSFK) arrived in Portbury, UK, last week all the way from Chengdu in China.While the shipment was modest – including just seven containerised vehicles being delivered to the Commercial Vehicle Show in Birmingham – the mode of delivery was significant because ...
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Strong growth leaves auto sector revenue up 92% at time:matters
German freight expeditor time:matters has announced a near-doubling in revenue related to the automotive sector in 2016.The company said it increased overall revenue by 9% in the year to just under €70m. Without providing specific numbers, automotive sector-related revenues were up 92%, high-tech and semiconductor up 47%, and aviation and ...
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Eddie Stobart raises £122m in AIM listing
Eddie Stobart Logistics (ESL) has officially begun trading on London’s AIM market after raising £122m ($155m).The company first announced its intention to list last month.The shares were offered at £1.60 a share, valuing the company at £572.7m on admission. In total 245m shares were sold for £392m, with existing shareholders ...
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Cloud-based system helps Suzuki GB move to real-time ETAs
Sovereign Business Integration Group has signed a five-year deal with Suzuki in the UK to provide the company with its EML cloud-based logistics management system.The UK-based company’s EML system covers the end-to-end logistics chain and is specifically designed for finished vehicle logistics.As a result, Suzuki dealers in the UK will ...
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Report suggests US is reviewing its trade deal with South Korea
US vice-president Mike Pence (pictured) has indicated during his visit to South Korea that the trade deal between the two countries is under review and could be reformed, according to a Reuters report.The deal, which came into effect in 2012, has had a positive impact on US vehicle exports to ...
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Groupe CAT takes full ownership of Carlson Vehicle Transfer
Groupe CAT has announced the latest acquisition in its consolidation spree, buying the 50% in UK firm Carlson Vehicle Transfer (CVT) that it did not already own for an undisclosed sum.The stake was acquired from founder Carl Richardson, who will still provide support to the company, according to a CAT ...
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Borgward edges closer to Bremen return with assembly site deal
Andreas Heyer (left), chairman of Bremen Invest, and Ulrich Walker, CEO of Borgward GroupGerman car brand Borgward and Bremen Invest have signed a deal over the purchase of a future assembly site in the German city.The memorandum of understanding covers a 140,000 sq.m piece of land in the Cargo ...
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Turkey’s auto sector grows in the midst of political turmoil
Representatives of Turkey’s automotive industry and the government’s investment support agency met in London, UK, last month to discuss the challenges the country faces in getting back on track toward production and export growth, following a politically turbulent two years. Despite the disruption, it seems the Turkish automotive sector is ...
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BLG Logistics reports €1 billion in sales for 2016
German logistics provider BLG Logistics has reported sales of €1.05 billion ($1.11 billion) for 2016, with its automobile division achieving a 2.6% increase in revenues to €473.7m.The division’s earnings before interest and tax (Ebit) did, however, show a year-on-year decline of 18.4% to €15.1m. The firm said this was caused ...
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ANT Lojistik invests in fleet to support Mercedes contract in Turkey
The Turkish division of German carmaker Mercedes-Benz – Mercedes-Benz Türk – has signed a deal with domestic finished vehicle logistics provider ANT Lojistik for the delivery of cars to dealerships across the country.Under the contract, which will run for a five and a half years, ANT will be the sole ...
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Daimler, VW and BLG Logistics recognised in ‘elogistics’ awards
German automotive industry body AKJ Automotive has recognised Daimler and Volkswagen in its annual elogistics awards for digital-based initiatives.In addition, BLG Logistics has been given AKJ’s Tool Award for its work on the use of drones in the logistics space.AKJ Automotive is made up of a group of industry experts ...
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A back-to-the-future approach to connectivity
Resolving the connectivity required in tomorrow’s logistics networks is a challenge. But there’s no need to look to future technology on this score, as a highly appropriate solution is already in our hands. Neil Hamilton is VP business development at Thingstream, a division of mobile company Myriad GroupThe growth ...
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Caterpillar plant closures prompt global changes in supply pattern
Construction and mining equipment maker Caterpillar is closing plants in the US and Europe with a combined loss of around 2,800 jobs, in reaction to a drop in demand in the construction, mining and energy industries.Products made at the plants, in Aurora, Illinois and Gosselies, Belgium, will be shifted to ...
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Wallenius Wilhelmsen Logistics begins trading on Oslo stock exchange
Wallenius Wilhelmsen Logistics ASA (WWL ASA) began trading on the Oslo stock exchange – the Oslo Børs – on Wednesday (April 5), following completion of the ownership merger announced in September last year.The company, which is worth 17.9 billion krone ($2 billion), said it was among the 10 largest listed ...
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Survey highlights Silicon Valley risk to German logistics industry
Almost two-thirds of German logistics specialists and executives believe the industry is investing too little in research and development, with more than half fearing they could lose market share to competitors from Silicon Valley.That's the main finding of the 2017 Logistic Trend Index, compiled annually ahead of next month’s Transport ...