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All articles by Gareth Tredway – Page 10
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ArticleFord announces further leadership changes
Ford has announced a swathe of further global leadership changes, just days after Jim Hackett was named as the carmaker’s new president and CEO.The changes have also been made to support the newly appointed leaders of the revamped organisational structure, which includes global markets, global operations and mobility.Hau Thai-Tang (pictured) ...
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ArticleGefco reports strong growth in profitability
French logistics provider Gefco has announced strong growth in operating profits for the year to the end of 2016 after a proactive policy to optimise purchases and reduce fixed costs.Earnings before interest, tax, depreciation and amortisation grew 32.1% to €172.8m ($193.3m). Revenues were up 1.3% to €4.23 billion.The strong results ...
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ArticleHub Group adds dedicated trucking arm with $306m Estenson purchase
US-based multimodal services provider Hub Group has agreed to acquire dedicated trucking company Estenson for $306m.Hub chairman and CEO David Yeager said his company had been searching for an acquisition in this market segment for the past two years, to help it provide “a more complete multimodal solution”.Hub’s top 30 ...
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ArticlePart shortage limits BMW production around the world
BMW has been forced to limit or stop vehicle production at several of its facilities globally this week after tier one supplier Bosch was unable to provide a sufficient number of steering gears to the German carmaker.Various plants in Germany were affected, while the Tiexi plant in China and Rosslyn ...
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ArticleOfficials get traffic moving at storm-hit Laredo border crossing
Officials on both sides of the US and Mexican border have diverted traffic and had partially opened the World Trade International bridge just days after a storm caused significant damages at the vitally important Laredo crossing and forced authorities to stop operations. On Thursday, officials at the Laredo Police Department ...
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ArticleDaimler breaks ground on new battery factory
Daimler has held the groundbreaking ceremony for a new €500m ($559m) battery factory in Kamenz, Germany as the company targets the inclusion of more than 10 all-electric passenger cars in its portfolio by 2022.“The automotive industry is facing a fundamental transformation and we see ourselves as the driving force behind ...
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ArticleAudi agrees to sell future SAIC production through existing dealer network
Audi has agreed to sell any vehicles produced under its deal with SAIC through its existing sales network, after dealers expressed fears the new partnership would increase competition and lose them access to key new products.The company already has a 29-year partnership with FAW Group in China and last year ...
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ArticleChina approves JAC-VW electric vehicle production plan
The China National Development and Reform Commission (NDRC) has given final approval for local carmaker JAC and Germany’s Volkswagen Group to jointly produce a new brand of passenger electric vehicles in the country.The two companies first signed a memorandum of understanding for an electric vehicle partnership back in September.A statement ...
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ArticleGeely chosen as Proton’s strategic partner
Chinese carmaker Geely will take a 49.9% stake in Malaysia’s Proton group, as well as a 51% controlling interest in luxury car brand Lotus as part of a deal with DRB-Hicom Group.Under a $360m bailout agreement signed with the Malaysian government last year, the carmaker was required to find a ...
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ArticleGM restricts production in India to exports and exits South Africa after 90 years
General Motors has announced further restructuring of its international businesses, including moving to an export-only production model in India and exiting the South African market altogether.Poor sales, margins and a lack of scale in the supply chain have contributed to the decisions. They follow a recent pattern at GM of ...
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ArticleEmirates SkyWheels service flies JLR vehicles to Chicago from Birmingham
Emirates Airline’s freight division, SkyCargo, has announced a bespoke new service for Jaguar Land Rover, flying finished vehicles from the UK’s Birmingham airport to Chicago in the US.Logistics provider Metro Shipping coordinated the service, with the first flight taking place last week. The company has a specialist automotive division located ...
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ArticleUS officially kicks off Nafta renegotiation process
Recently sworn-in US Trade Representative (USTR), Robert Lighthizer (pictured, left), has notified Congress of the Trump administration’s intention to renegotiate the North American Free Trade Agreement (Nafta) with Mexico and Canada, officially kicking off the process of reworking the two decade-plus old pact.During his election campaign last year, Trump took ...
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ArticleCeva extends Sogefi deal after move to Madrid
Ceva Logistics has renewed its contract with automotive components manufacturer Sogefi for a further three years.Under the new deal, Ceva will continue managing receipt, storage, order picking and shipment preparation, as well as Sogefi’s spare parts delivery to customers.Earlier this year, these activities were moved to Ceva’s multi-user hub at ...
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ArticleToyota top, Nissan bottom in North American supplier relations index
Toyota has beaten Honda to the top spot in the latest update of an index measuring working relations between North American OEMs and their suppliers. It’s the seventh time in a row Toyota has held first position. Nissan was at the opposite end of the ranking, meanwhile.The 17th annual North ...
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ArticleBarnes Logistics orders 15 new trailers
UK logistics and warehousing company Barnes Logistics is adding 15 new trailers to its fleet as it continues to benefit from a strong local automotive production sector.The company serves the UK’s motor manufacturing industry, providing Just In Time sequenced deliveries direct to lineside at major OEM's throughout the country.Managing director ...
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ArticleUK and EU supply chain managers make early plans for Brexit
Large numbers of supply chain managers in the UK and mainland Europe are already looking for local firms to work with ahead of Britain’s looming exit from Europe, a survey by the Chartered Institute of Procurement & Supply (CIPS) has shown.Almost a third (32%) of UK supply chain managers surveyed ...
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ArticleYara and Kongsberg to launch autonomous electric container ship
Norwegian chemical and fertilizer producer Yara International has announced plans for the first all-electric, autonomous container ship.It is being developed in partnership with digital technology group, Kongsberg, and will ship products from Yara's Porsgrunn production plant to Brevik and Larvik in Norway.Named Yara Birkeland after the Norwegian scientist, Kristian Birkeland, ...
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ArticleBMW opens regional distribution centre in Malaysia
BMW Group has officially opened a 130m ringgit ($30m) logistics warehouse and parts distribution centre in Malaysia that is set to support 23 countries in the region.It is situated on over 236,220 sq.m of land in the Free Industrial Zone of the Senai international airport in the southern city of ...
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ArticleCongestion costs rising for US trucking industry
The US trucking industry faced an extra $63.4 billion in operational costs in 2015 due to traffic congestion on the national highway system, new research out this week has suggested.The latest report by the American Transportation Research Institute (ATRI) used a variety of data sources, including its GPS database, to ...
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ArticleBorn joins XPO as head of business development for industrial and automotive
XPO Logistics has named Pascal Born (pictured) as business development director for industrial and automotive.Born is responsible for supporting XPO’s in-country sales teams in expanding the company’s industrial and automotive base.He joins the logistics provider from industrial equipment manufacturer Caterpillar, where he spent 25 years. He was predominantly involved in ...