Finished vehicle logistics – Page 45
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Russia to cut subsidies on finished vehicle transport from Far East
A draft decree recently released by the Russian Ministry for Trade and Industry shows that it plans to allocate 850m rubles ($14.3m) this year to subsidise finished vehicle movements from the Far East to the European side of the country.In total, the Russian government plans to reimburse transport costs for ...
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Trump suggests Nafta renegotiation is likely to lead to US withdrawal
Just a week after the formal renegotiation of the North American Free Trade Agreement (Nafta) began, US president Donald Trump has suggested the US is likely to pull out of the arrangement.Speaking after the first round of talks about the two-decade-plus accord that many carmakers’ supply chains currently rely on, ...
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Acumen bolsters its enclosed car transporter fleet
UK automotive logistics provider Acumen Automotive Logistics has added two more DAF LF curtainsided rigids to its fleet of 20 enclosed car transporters.One of the new trucks will be based at the company’s operating centre in Coventry, with the other at its depot in Farnborough.Acumen says it has been updating ...
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Ship Your Car Now expands in Florida to meet rising B2B demand
US finished vehicle and heavy equipment mover Ship Your Car Now (SYCN) has expanded its business with the opening of a new office in Boca Raton, Florida.The company said the move was in response to increased demand for outbound services in the business-to-business (B2B) division, which includes customers such as ...
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KCS Laredo facility will speed secure rail shipments between Mexico and US
A new cargo processing facility that should improve security for shipments heading northbound from Mexico was launched at the Laredo rail border crossing in the US state of Texas last week, as negotiations in North American on the North Atlantic Free Trade Agreement (Nafta) got underway.The Unified Cargo Processing facility ...
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Yusen Logistics opens new site in Myanmar for CKDs and finished vehicles
Yusen Logistics has officially opened a logistics facility in Myanmar that will store and process finished vehicles for both domestic distribution and cross-border trade with Thailand.Yusen Logistics owns the facility and has a 50-year lease on the land. It is located in the special economic zone in Thilawa, Yangon District, ...
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Pasha secures Grays Harbor deal to process FCA imports from Mexico
Pasha Automotive Services has secured a contract starting this summer to process Fiat Chrysler Automobiles (FCA) finished vehicles imported into Grays Harbor, on the US west coast, from the port of Lázaro Cárdenas in Mexico.John Pasha, senior vice-president of Pasha Automotive Services, said: “FCA US has been a long-time customer, ...
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Embracing change to drive velocity in North American ports
This year’s Finished Vehicle Logistics Import Export summit in Baltimore revealed an industry embracing the latest digital technology to deal with some familiar challenges around port capacity, infrastructure and security, but facing changing dynamics in the movement of vehicles around North America, not least the renegotiation of the Nafta trade ...
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FVL Import Export summit 2017: Live poll results
Live polling conducted at the Finished Vehicle Logistics Import Export summit in Baltimore showed many are optimistic about how the Nafta negotiations will affect their business, while the investment outlook for port-related infrastructure was very positive for the next three-year period.Delegates at the 2017 Finished Vehicle Logistics Import Export ...
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US carmakers need production discipline to avoid another crisis
US carmakers need to keep production levels in check if another crisis is to be avoided, delegates at this week’s Finished Vehicle Logistics Import Export summit in Baltimore were told.With the US new vehicle market headed towards its first decline since 2009 this year, there are worrying signs of an ...
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NYK convicted and fined in Australia over criminal cartel activity
After admitting its guilt last year, shipping company NYK has been convicted by Australia’s federal court and fined A$25m ($20m) for criminal cartel conduct –the second highest fine ever imposed by the country’s competition authority.In July 2016, following an investigation by the Australian Competition and Consumer Commission (ACCC), the Commonwealth ...
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Vehicle protection: Trying to cover all bases
In June this year, upmarket Volvo S90 sedans built at Volvo Cars’ plant in Daqing, northern China, began arriving at a car terminal at the port of Zeebrugge, Belgium for European distribution. Travelling not by sea, but by rail, they are transported in containers across Russia along the China-Europe rail ...
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Ukraine’s automotive industry on its way to a revival
Ukraine’s automotive market is building on the recovery that started at the end of last year, when the three-year slump in the passenger car market levelled off and a rebound began. Latest figures show that in the first half of 2017, the number of cars sold there rose 36% to ...
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Koper and Barcelona to provide more electric car support
The ports of Koper in Slovenia and Barcelona in Spain (pictured) are studying ways to improve the handling of electric vehicles, including putting any necessary new infrastructure into operation.The move forms part of the CarEsmatic project, which supports traditional and electric car distribution using ‘Motorways of the Sea’ solutions and ...
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Largest vessel ever calls at Malaga with spot shipment from Tarragona
The NOCC Kattegat, operated under charter by Neptune Lines, has become the largest vessel to call at the Spanish port of Malaga after delivering a spot shipment of vehicles there from Tarragona in late July.The vessel, which is 196.4 metres long and has a 5,253-vehicle capacity, discharged 600 Hyundai and ...
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Online vehicle sales: ACES high as dealers face a new game
Once upon a time, interaction between carmakers and their customers happened in one place: the dealership. Dealer showrooms were where customers learned about products, chose a car and parted with their cash. Once a customer took possession of the vehicle, he was likely to return to the dealer for service ...
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BLG and Fenix commit to expansion of services at Bronka
German logistics provider BLG Logistics and LLC Fenix, the owner and operator of the Russian port of Bronka, have signed an official letter of intent for joint future development of finished vehicle handling at the port.BLG Logistics has been working with Fenix for six months at the port already, following ...
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Brazil: Exports are chasing away the clouds
Brazilian vehicle sales, which have fallen every year since 2013, continue to be hampered by a deep recession, a stubborn, double-digit unemployment rate, increasingly tight credit and haemorrhaging consumer confidence. Seemingly unending political crises have also hit the country. So, to combat the stalling economy and venal political climate, carmakers, ...
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Gefco starts working with VisionDrive in UK for single vehicle deliveries
UK vehicle transport provider VisionDrive has signed a one-year rolling contract with global logistics specialist Gefco for single new vehicle deliveries across the UK. It will make more than 50 single vehicle deliveries a month for Gefco from its Sandtoft facility in Lincolnshire with a view to gaining further contracts.VisionDrive ...
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Outbound deliveries: Blocking in the truth
Will bitcoin prove to be one of the most valuable innovations in changing the finished vehicle supply chain? If so, it is not because carmakers and logistics providers are moving their contracts from dollars, euros or yuan to the virtual currency (although given its recent escalation in value, some may ...