Finished vehicle logistics – Page 37
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FeatureHigher tariffs to hit Daimler’s earnings
Increased Chinese import duties on US-made cars and other setbacks have forced Daimler to lower earnings expectations for this year, despite record sales.“The decisive factor is that at Mercedes-Benz Cars fewer-than-expected SUV sales and higher-than-expected costs – not completely passed on to the customers – must be assumed because of ...
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FeatureRussia on its way to join the global automotive trade war
The Russian government is considering protective duties against US finished vehicles according to Maxim Oreshkin, Russia’s economic development minister (pictured). Oreshkin held a press conference in Moscow on June 25 and said the country could introduce duties ranging between 18% and 20% in response to the US decision to raise ...
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FeatureKia moves Sportage through Santa Marta
The Colombian port of Santa Marta has started handling imported Kia vehicles from Slovakia. By the end of the year, it is expected to have handled around 4,000 Sportages.The vehicles are being imported into Colombia on a monthly basis by regional distributor Metrokia SA and are being delivered to the ...
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FeatureEmissions legislation set to disrupt vehicle logistics
European legislation aimed at achieving more accurate monitoring of emissions from passenger cars could cause disruption to logistics operations involving the storage and delivery of new vehicles, the Association of European Vehicle Logistics (ECG) has warned. As manufacturers phase out non-compliant older models, dealers are looking to sell existing stock ...
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FeatureNYK sets up direct service between Europe and South America
Ro-ro line NYK has set up a direct monthly service for ocean vehicle shipments from Europe to South America.The first departure left the port of Bremerhaven, Germany, on May 19 before calling at the Belgian port of Zeebrugge. Cargo from Spain is also being taken on-board by NYK through several ...
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FeatureTurkish exports continue to rise
Turkey’s automotive exports have risen 17% so far this year to reach a value of $13.9 billion, fresh figures from the Uludağ Automotive Industry Exporters' Association (OİB) have shown.In May – the country’s 28th month of continuous automotive export growth – automotive exports were worth $2.8 billion, up 8% on ...
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FeatureMahindra trials Pik-Up assembly at Durban plant
Indian vehicle-maker Mahindra & Mahindra has begun trial production of its Pik-Up range at a new assembly plant near Durban, South Africa.The company’s initial annual production target at the plant, which is located at Dube Tradeport special economic zone, next to the King Shaka Airport, is 2,500 units. It hopes ...
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FeatureMetroGistics rebrands as Acertus
US-based finished vehicle logistics provider MetroGistics has reorganised its business and that of its partner companies – Amerifleet, Metro Title Services and McNutt – under one company and will now be known as Acertus.The company has its headquarters in St Louis, Missouri, and will maintain facilities in Alpharetta, Georgia, and ...
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FeatureToyota and Suzuki look at India and export markets
Japanese OEMs Toyota and Suzuki are to consider extending their 15-month-old business partnership to work together on sales, production and technological development, with a focus on India and its export markets.Ideas to be further evaluated include using Toyota Kirloskar Motor Private (TKM) to produce models developed by Suzuki for sale ...
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FeatureManta becoming regional hub for finished vehicles
The northern Ecuadorian port of Manta is looking to expand its role as a hub for finished vehicles and this month reached its full storage capacity for transhipped vehicle volumes.Manta only began operating regularly in the transshipment market as of July last year but in the third week of May ...
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FeatureVehicle imports to Russia increase in the first quarter
Russia imported almost 67,000 finished vehicles during the first quarter 2018, up by just under 50% compared to the same period last year, according to a statement from the country’s Federal Customs Service. Imports over the period were equal to $1.65 billion.It is the first time in a decade that ...
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FeatureFCA vehicles damaged by fire in Ohio
At least 20 new Jeep Wranglers have been damaged or destroyed in a fire at a storage lot in Toledo, Ohio. So far, the cause of the fire, which took place on Monday (May 21), remains unclear, though a report by local news source WTOL11 said fire investigators were treating ...
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FeatureAbout ready to drop
DropCar’s mission is to “make driving fun again”, says Spencer Richardson, co-founder and CEO of the US-based start-up, which launched in New York City in 2015. The company decided to begin by offering an app-based service for car owners who live in urban areas where parking, car maintenance and even ...
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FeatureICO expands car terminal at Zeebrugge
NYK’s car terminal subsidiary, International Car Operators (ICO), has signed a concession agreement with the Belgian port of Zeebrugge for a 54-hectare expansion of the Bastenaken car terminal.According to ICO, the new terminal will cover 200 hectares, bringing the total at Zeebrugge to 300 hectares, and will connect Bastenaken with ...
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FeatureGM invests in struggling South Korea division
GM has revealed it is to invest $2.8 billion in two new global vehicle programmes for local and export markets in South Korea over the next decade as part of a plan to return its struggling division there to profitability.GM Korea plans to make a small SUV next year and ...
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FeatureFCA to review security after pick-up thefts
Fiat Chrysler Automobiles (FCA) has said it will reassess security measures at a shipping yard in the Detroit suburb of Warren after thieves drove away with eight Ram pick-up trucks in an early morning raid.The theft is reported to have been carried out by a gang who drove up to ...
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FeatureMosolf continues expansion with buyout of German rival
German-based vehicle transporter Mosolf Group is taking over German rival firm Autokontor Bayern to reinforce its position “in an environment where markets are becoming more specialist and consolidating,” said the company’s CEO, Jörg Mosolf.The ownership change means Autokontor Bayern’s main shareholder and joint managing director Bernd Sauter will leave the ...
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FeatureAudi México: Risk and reward
When Audi opened its assembly plant in Mexico in September 2016, it was a milestone achievement on a number of levels. It was the first factory the German carmaker had set up outside Europe and the first that it was exclusively managing overseas (the two factories in China are joint ...
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Grimaldi añade seis naves híbridas a su flota
Shipper Grimaldi Group adquirirá seis naves ro-ro híbridas para aumentar y modernizar su flota. El pedido valorado en $400m ha sido adjudicado astillero chino Jinling.La entrega de las naves está prevista para comenzar en 2020, y tendrán capacidad para transportar 7,800 metros lineales de unidades rodantes, el equivalente a 500 ...
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FeatureGrimaldi adds six hybrids to its fleet
Shipper Grimaldi Group is to add six hybrid ro-ro vessels to enlarge and modernise its fleet. The order, valued at more than $400m, has been awarded to Chinese shipbuilder Jinling.The vessels, delivery of which is expected to start in 2020, will be able to transport more than 7,800 linear metres ...