All europe articles – Page 35
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ArticleXPO Logistics in deal to buy out Norbert Dentressangle
US-based third party logistics provider, XPO Logistics, has entered into an agreement to buy Norbert Dentressangle, one of Europe’s main transport, forwarding and contract logistics providers, for $3.53 billion. The deal, which is expected to close in the second quarter of 2015, is estimated to increase XPO’s revenue to approximately ...
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ArticleGDL strike hits German rail freight services
Rail freight services in Germany have been disrupted again by strike action staged by the German Train Drivers Union, GDL. The action, which affected freight movements for 66 hours across four days last week from Tuesday, hit services provided by Deutsche Bahn’s subsidiary DB Schenker. The company said two thirds ...
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ArticleCar sector should be exempt from India-EU FTA says SIAM
The free trade agreement currently being negotiated between India and the European Union is not in the best interests of India's motor manufacturing industry, according to trade body the Society of Indian Automobile Manufacturers (SIAM).“FTAs with competing countries do not benefit the Indian automobile industry,” said SIAM in a statement, ...
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ArticleBaltic seaports hit by fall in vehicle and parts imports to Russia
Ports with automotive terminals on the Baltic Sea have reported losses because of the sharp drop in car and components imports to Russia after the last year’s devaluation of the Russian ruble. Market analysts warn that any further decrease in supplies could result the potential closure of the automotive terminals ...
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ArticleGefco reports ‘satisfactory results’; pushes on in Russia
Gefco has released financial results for 2014 that show a turnover of €4.1 billion ($4.4 billion), a 1.5% rise in turnover on the previous year. According to the transport and logistics provider current operating profit stands at €105m, a 10.5% increase on 2013.Gefco executives highlighted the strength of the results ...
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ArticleChina Railway ‘Going Out’ with Kerry Logistics
China Railway Import and Export Company and Kerry Logistics (China) have signed a strategic cooperation agreement in Beijing to combine networks and “explore new growth opportunities” in China and other markets.China Railway is a state-owned foreign trade company and has carried out a number of projects including railway operations and ...
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ArticleChallenges and opportunities for automotive logistics in China
“We look at the weather to see how we dress, so we should look at the macro-economic situation to see how we should do business. We should no longer resist change.” This was the key message from Zuo Xinyu, general secretary, China Automotive Logistics Association of CFLP at the recent ...
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ArticleBosal leases additional warehousing space in Hungary
Parts and accessories maker Bosal has leased a logistics facility at the Goodman Kecskemét Logistics Centre in central Hungary. The 7,700 sq.m facility, provided by commercial property developer Goodman, will be used to house surplus stock as part of increased production there. The company supplies material to the nearby Daimler ...
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ArticleBaltic seaports hit by fall in vehicle and parts imports to Russia
Ports with automotive terminals on the Baltic Sea have reported losses because of the sharp drop in car and components imports to Russia after the last year’s devaluation of the Russian ruble. Market analysts warn that any further decrease in supplies could result the potential closure of the automotive terminals ...
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ArticleWWL launches second HERO vessel
Wallenius Wilhelmsen Logistics (WWL) has launched its second post-panamax vessel, which has capacity for 8,000 car equivalent units (CEUs). Called the Thalatta, the vessel is described by WWL as a High Efficiency RoRo (HERO) vessel and joins the Thermopylae, which was launched in December last year. WWL is introducing eight ...
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ArticleChina's 'One Belt, One Road' strategy under the 'new normal'
After decades of double digit growth, China is now pursuing an economic model based on slower but more sustainable economic development with a focus on upgrading industry standards and building connections with global markets. The annual growth rate in the economy last year was 7.4% – and 7% in the ...
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ArticlePanel discussion: China needs innovation in logistics
Reaching the end of the Automotive Logistics conference in Shanghai, a senior executive panel joined editor Christopher Ludwig and publisher Louis Yiakoumi in a lively debate about some of the recurring themes from the event. Topics discussed included the impact the ‘One Belt, One Road’ initiative would have on the ...
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ArticleSitko moves from PACCAR’s parts business to MD role at Leyland
Bryan Sitko has moved from his role as operations director for the Parts Europe division of truck group PACCAR to take up a new role as managing director of Leyland Trucks, one of the divisions of the group."This is a great opportunity and I am very much looking forward to ...
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ArticleChina conference: the big come to get stronger
Speakers at the 12th annual Automotive Logistics China conference pointed to efforts at both the government and industry level to improve services, become more efficient, market orientated, and international, particularly with growth slowing down. Christopher Ludwig and Rachael Hogg report from ShanghaiThere is no getting around just how big the ...
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ArticleChina conference: building the road to logistics quality
Slower growth but higher quality products, logistics and service. For the third straight year, speakers at the Automotive Logistics China conference – including Liu Xilong, deputy director of the economic operation bureau for transport and logistics at China’s influential National Development and Reform Commission (NDRC, pictured) – have pointed to ...
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ArticleVan der Vlist makes high and heavy moves around Europe
Specialist logistic and forwarding provider Van der Vlist has recently moved a number of Caterpillar material handling machines from the equipment maker’s production facility in Northern Ireland to Van der Vlist’s storage facility in Zeebrugge, Belgium. Van der Vlist uses its facility near the port as a Caterpillar distribution centre, ...
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ArticleFord launches fleet telematics system in UK with Telogis
Ford is launching a real-time fleet telematics system in the UK with its technology provider Telogis for the carmaker’s commercial customers. Ford Telematics uses real-time information from Ford vehicles to give businesses insight into vehicle location, driver behaviour and fuel consumption, amongst more comprehensive data.Announcing the technology at this week’s ...
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ArticleFord Sollers bucks the idling trend in Russia
Ford’s joint venture with Russian vehicle maker Sollers has started production of the latest Ford Mondeo model at the Vsevolozhsk plant near St Petersburg. It said it was the first of four new models being introduced to the Russian market this year, including new Focus and Fiesta models. The Focus ...
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ArticleBo’s call for increase in Russian import tariffs not likely say experts
At a recent Russian Engineering Union committee meeting, Bo Andersson, president of domestic carmaker AvtoVaz (pictured), said that import duties on foreign brands were still too low, despite the increases Russia has imposed to protect local production."We have to prepare protectionist proposals for the Russian government. As a foreigner, I ...
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ArticleFedEx will acquire TNT Express
Two years after UPS was forced to abandon its attempted takeover of TNT Express on grounds of limiting competition in the European market, rival logistics giant FedEx has made its own all-cash bid for the company.Should the deal go through, the combined companies would be a particularly strong player on ...