Finished vehicle logistics – Page 31
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FeatureUECC invests in battery hybrid PCTC
United European Car Carriers (UECC) has signed a contract for two new-generation pure car and truck carriers (PCTCs) with China Ship Building Trading Company and the Jiangnan Shipyard Group. The first vessel is planned for delivery in 2021, and UECC has options for two more PCTCs. Features include a fuel ...
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FeatureRussian vehicle imports hit a bump in the road
Vehicle imports to Russia have been growing for almost two years alongside the recovery in sales in the domestic market. In 2018, the country imported 293,100 finished vehicles, up almost 10% compared with the same period the previous year, according to the Russian Federal Customs Service. The value of vehicles ...
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FeatureBMW claims top spot among US car exporters
BMW Manufacturing has laid claim to being the US’ leading automotive exporter by value for a fifth consecutive year, despite reduced volumes during 2018.The German OEM’s US subsidiary shipped 234,689 X models from its Spartanburg assembly plant in South Carolina during last year. Around 81% of its export vehicles, worth ...
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FeatureMG Motor helps BCA hit record figures
MG Motor’s decision to expand operations through the Portbury docks in Bristol, UK has helped push weekly volumes to a new high for its logistics provider BCA.For the week beginning February 11, BCA handled more than 12,250 vehicles, an 11% increase on its previous record in 2016. The company said ...
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FeatureTesla announces U-turn on showroom closures
Tesla has cancelled plans announced at the end of last month to close all its showrooms and move to an online-only sales model.Instead of pursuing its plans, which were supposed to generate savings and help it lower the price of its vehicles, it has now said it will increase the ...
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FeaturePeel Ports expands car storage at Sheerness
UK port operator Peel Ports has created 9.3 hectares of additional space for vehicle storage on the formerly derelict Thamesteel site at Sheerness in the UK, about 50 miles east of London. Part of the company’s London Medway group of ports, Sheerness currently serves the VW Group, Jaguar Land Rover ...
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FeatureVW adds Baltimore to its US import network
Logistics hub operator Tradepoint Atlantic has signed a deal with Volkswagen Group of America (VWGoA) to develop a multimodal vehicle processing and storage facility in Baltimore.The site, which is expected to open in 2020, will cover more than 46 hectares and handle around 120,000 vehicles a year from VW’s European ...
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FeatureValencia becomes Spain’s top vehicle port
The Spanish port of Valencia (pictured) has overtaken the port of Barcelona in terms of total vehicle numbers handled, according to Spain’s National Ports Authority (Puertos del Estado).Last year, Valencia port’s vehicle terminals, which include those at nearby Sagunto and Gandia ports, handled more than 818,000 vehicles – up 3% ...
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FeatureTesla to close showrooms and move sales online
Tesla is closing all of its showrooms globally and moving to an online sales model in an effort to lower overheads and find cost efficiencies across the business. The carmaker hopes this will help it to deliver its Model 3 product at a lower price of $35,000 (£26,400) and therefore ...
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FeatureConstruction to start on Tilbury expansion
Construction is to start in a matter of weeks on expansion at the port of Tilbury, in the UK, after owner Forth Ports Group received consent from the government to build Tilbury2 on the 61.5-hectare site of a former power station, next to the existing 376-hectare port at Thurrock, to ...
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FeatureRussian exports rise but subsidies in doubt
Russia exported vehicles and parts worth $3.38 billion last year, an 11% increase compared with 2017, according to new research from the Russian analytical agency Auto News.Information from Russia’s Industry and Trade Ministry indicates that the majority of export sales remain within the Commonwealth of Independent States (CIS), and only ...
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FeatureVolvo starts shipments to Europe from Ridgeville
Volvo has started shipping S60 sedans to Europe from the US, six months after beginning production at its $1.1 billion assembly plant in Ridgeville, near Charleston, South Carolina.“Export markets are critical to the long-term success of our plant and we’re on track to deliver vehicles to our customers worldwide,” said ...
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FeaturePSA invests in China’s used car sector
Groupe PSA has invested in Chinese company FengChe, which provides supply chain management services, designed to improve used car dealers’ business operations.The OEM's investment has not been disclosed, but is significant, according to a spokesperson for the carmaker. Nevertheless, FengChe remains the majority shareholder and its management structure is unchanged.Used ...
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FeatureNissan plans to expand output in Russia
Nissan plans to increase production at its plant in St Petersburg, Russia, this year and build on last year’s record-breaking sales, Nissan Manufacturing Rus general director, Igor Boitsov, has revealed.Given low forecast sales on the domestic Russian market, however, this may depend on increasing exports to adjacent markets, he admitted.Nissan ...
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FeatureFire-damaged Sincerity Ace towed back to Japan
The Sincerity Ace car-carrier, which caught fire in the Pacific at the beginning of this year with 3,500 Nissan vehicles onboard, is now in Japan after being towed there by the Nippon Salvage tug Koyo Maru. The tow began on January 9.A spokesperson for the ship’s owner, Shoei Kisen Kaisha, ...
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FeatureLinamar CEO warns of Trump's metal tariffs
The head of Canada’s second largest auto parts maker Linamar says she is concerned no one is talking about the impact steel and aluminium import duties are having on North American companies.Initially imposed by US President Donald Trump at 25% for steel and 10% for aluminium, Canada retaliated by imposing ...
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FeatureTMAZ expands at Mazatlán after boost from Mitsubishi
Terminal operator Mazatlán Maritime Terminal (TMAZ) is to invest $350,000 in expanding its facilities at the Mexican port of Mazatlán, after starting to handle new volumes from Mitsubishi. TMAZ, whose principal shareholder is Chilean company SAAM, currently occupies an operational free trade area there of around 160,000 sq.m, which can ...
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FeatureTesla cuts jobs but reports logistics gains
Tesla is reported to have cut the number of staff it uses to deliver its vehicles in North America by nearly two thirds as part of wider second round of layoffs announced by the carmaker in January. According to Reuters news service, a staff of 230 employed at the company’s ...
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FeatureTrade wars contribute to Daimler’s lower profits
Global trade disputes played a part in Daimler’s net profit falling by €3 billion to €7.6 billion ($8.7 billion) last year, compared with 2017.In addition, the decline in diesel car sales as well as disruption caused by the introduction of the new WLTP emissions test in Europe in September eroded ...
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FeatureAuto sector wins out in EU-Japan trade deal
The automotive industry has secured special terms in the EU-Japan free trade agreement (FTA) that came into effect on February 1.To address specific sensitivities in the 28-member trading bloc, the EU said motor vehicle tariffs would be lowered in stages during a seven-year transition period, before being eliminated. The EU-Japan ...