All articles by Gareth Tredway – Page 20
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FeatureK Line joint venture to provide total logistics service in Vietnam
Global maritime logistics provider Kawasaki Kisen Kaisha (K Line) and Vietnamese logistics company Gemadept Corp have formed a joint venture based in Ho Chi Minh offering 'total' automotive logistics services.The K Line-Gemadept Logistics Company (KGL), as the JV has been called, has secured a 20,000 sq.m vehicle processing facility within ...
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FeatureFord confirms C$700m spend as Unifor members ratify wage deal
Ford Canada’s employees have voted in favour of a four-year agreement that the company has since confirmed includes a C$700m ($523m) investment at its operations in the country.Details remain scarce, but a spokesperson told Automotive Logistics that C$600m of the planned investment was earmarked for the engine manufacturing site in ...
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FeatureWWL and DB Cargo Italian venture to slash transport times to Asia
WWL and DB Schenker’s Cargo division have agreed to develop a multimodal logistics hub in north-east Italy that will cut the transport time for vehicles to Asia by eight days compared with routes from northern Europe.The port of Monfalcone, near Trieste, is the northernmost port in the Adriatic Sea and ...
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Feature4PL services gain more prominence in Gefco’s €8 billion PSA contract
French-based logistics company Gefco Group has secured an €8 billion ($8.8 billion), five-year deal with its former majority owner PSA Group, with fourth-party logistics (4PL) services for global operations featuring prominently within the contract.Under the agreement, Gefco will design and implement global logistics and transport solutions for the three PSA ...
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FeatureACEA backs VDA on Ceta’s potential to unlock further exports
The European Automobile Manufacturers Association (ACEA) has backed comments by Germany’s automotive trade body earlier this week that the recently-signed EU-Canada free trade agreement could result in an increase in European vehicle exports to the North American country.The Comprehensive Economic and Trade Agreement (Ceta) was finally sorted out this week ...
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FeatureSA government incentive review “nothing extraordinary”, says Naamsa
The announcement of a review of government incentives within the South African finance ministry’s recent mid-term budget statement is “nothing extraordinary”, according to the country’s automobile manufacturing body.A section of the budget statement released on Wednesday October 26th said: “Given increased pressures on the fiscus, these incentives, including direct transfers, ...
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FeatureVW to build €150m logistics centre to support Slovakian production
Volkswagen (VW) last week laid the foundation for a new €150m ($167m) logistics centre to support its manufacturing plant in Bratislava, Slovakia.The 125,000 sq.m logistics hall will be the main feature of the overall planned facility, which spans 300,000 sq.m and will be completed in late 2017.“The new logistics centre ...
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FeatureCeta deal is an opportunity but TTIP is the main prize, says VDA
The Comprehensive Economic and Trade Agreement (Ceta) signed this week may create an opportunity for increased vehicle sales to Canada by European manufacturers. But given how small that market is compared to the US, it has also highlighted the need to close the Transatlantic Trade and Investment Partnership (TTIP) as ...
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FeatureHellmann owner moves onto supervisory board
Klaus Hellmann, managing director and joint owner of Hellmann Group, will relinquish his role to take on a supervisory board position as the global logistics company continues a transition into a new corporate structure.Klaus (pictured), 67, and his cousin Jost, 63, who owns the other 50% of the business, are ...
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FeatureFord and Unifor reach tentative labour agreement in Canada
Ford and Canada’s Unifor labour union have reached a tentative agreement on a four-year national labour contract covering more than 6,400 employees.The deal comes after similar recent agreements between Canada’s largest union and carmakers General Motors and Fiat Chrysler Automobiles (FCA), completing the round of wage negotiations between the union ...
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FeatureIMO approves major cut to maximum sulphur levels in shipping
The International Maritime Organization (IMO) has officially approved more stringent global sulphur emission requirements that must be in place by the end of the decade.The new rules were approved at the 70th meeting of the United Nations body’s Marine Environment Protection Committee (MEPC) held in London last week.By the end ...
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FeatureXPO Logistics sells NA truckload business to TransForce
XPO Logistics has sold its North American truckload business to TransForce for $558m and will use the proceeds to pay down debt.The business formed part of XPO’s $3 billion acquisition of logistics provider Con-way in October 2015 and takes place as the company narrows its focus on areas where it ...
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FeatureLong way still to go for Heathrow third runway
The UK government has approved a third runway at Heathrow but the decision has been met with both praise and hostility, suggesting that there are still a number of hurdles to clear before construction actually gets underway.Along with the handling of 75m passengers a year, the airport is also the ...
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FeatureGeely ‘redesigning every link in the chain’ with Lynk & Co
Chinese carmaker Geely’s launch of the Lynk & Co brand this week is not just the launch of a fully connected digital vehicle, nor an attempt to penetrate western markets from China; it is also an attempt to change the way cars are bought, owned, serviced and used – and ...
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FeatureCanadian pension fund manager buys stake in TVS Logistics
The Quebec Deposit and Investment Fund (CDPQ) has acquired a $155m interest in Indian-based third-party logistics provider, TVS Logistics Services.According to India’s Economic Times, the Canadian pension fund manager has acquired a 37% stake for its money, valuing the company at almost $420m (2,700 crore rupees).The deal will see Goldman ...
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FeatureAWL takes on warehousing role for Okinawa Scooters
Indian electric scooter manufacturer Okinawa Scooters has awarded a contract for managing warehousing at its Bhiwadi plant in Rajasthan to AWL India.The deal will allow Okinawa to focus on service quality and product management, according to a company statement. It will also reduce lead times and improve stock accuracy.Rahul Mehra, ...
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FeatureWaller named as CFO of Ceva Logistics
Peter Waller (pictured) has been named as Ceva Logistics’ chief financial officer and member of the executive board with immediate effect, replacing Arjan Kaaks.Kaaks, who is said to be leaving to “pursue new opportunities”, only joined the Netherlands-headquartered company from retail firm Maxeda DIY just over a year ago.Waller was ...
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FeatureDaimler to quadruple battery production footprint at Kamenz plant
Daimler has started construction of a second lithium-ion battery factory in Kamenz, south-east Germany, which will quadruple the size of the existing production and logistics site to 80,000 sq.m.The €500m ($544m) investment forms part of a €1 billion injection of capital into the carmaker’s overall global battery production compound first ...
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FeatureTrustFord expanding Long Marston site to create national fleet hub
TrustFord, the world’s largest dedicated Ford dealer group with 65 branches in the UK, has announced a significant expansion of its Long Marston fleet distribution site in Warwickshire.The site will expand from 7 acres to 22.5 acres and will have capacity for around 7,000 vehicles, the intention being to make ...
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FeatureNissan seeks synergies as it adds Mitsubishi to its alliance
In completing its $2.3 billion investment in a 34% stake in Mitsubishi this week, Nissan has added a third company to its 17 year-old global alliance with Renault.Not only will the deal make the combined group the world’s third largest car producer with an anticipated 10m vehicles this year, but ...