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All articles by Gareth Tredway – Page 7
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ArticleStena Line to introduce larger ships on Rotterdam-Harwich route
Stena Line plans to replace the two vessels currently servicing its Rotterdam to Harwich route with two larger ships, due to increased demand.The ro-ro ships Capucine and Severine, which operate twice daily from Europoort in the Netherlands to Harwich in the UK, will be replaced by the larger vessels MV ...
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![Liberty House Group acquires Amtek UK (2)[1]_opt](https://d3n5uof8vony13.cloudfront.net/Pictures/100x67/4/5/6/18456_Liberty-House-Group-acquires-Amtek-UK-21_opt.jpg)
ArticleLiberty House buys parts supplier Amtek UK out of administration
Liberty House has acquired the assets of manufacturer Amtek Aluminium Castings and King Automotive Systems (Amtek UK) from administrators PWC in a rescue deal for an undisclosed sum.Amtek UK, a cast aluminium engine and components supplier to carmakers, has two plants in the West Midlands and one at Witham, in ...
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ArticleNew UK customs system may not be ready in time for Brexit
The UK Audit Office has warned in a report this week that while progress has been made in designing and developing the new Customs Declaration Service (CDS), there is a risk its full functionality and scope will not be in place by the time the UK leaves the EU in ...
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ArticleChinese consortium bids $11.6 billion for Global Logistic Properties
Singapore’s Global Logistic Properties (GLP) has received a S$16 billion ($11.6 billion) takeover offer from a consortium of Chinese investors, in what would be the biggest private equity buyout of an Asian company by enterprise value.GLP, which owns and operates a global portfolio of 55m sq.m of space, announced a ...
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ArticleFedEx admits TNT hasn’t fully recovered from June’s cyber-attack
Global courier company FedEx has admitted that its subsidiary TNT Express is continuing to suffer from the effects of last month’s cyber-attack. The firm is still processing some transactions manually, it said, and some data may never be fully recovered.“All TNT depots, hubs and facilities are operational and most TNT ...
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ArticleNafta document shows US wants to retain tariff-free trade
A summary of the US’s objectives in upcoming negotiations over the North American Free Trade Agreement (Nafta) has highlighted a clear desire to retain tariff-free trade arrangements with Canada and Mexico.Though the summary highlights a reduction of the country’s two large trade deficits with its North American partners as the ...
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ArticleMercedes-Benz names Untertürkheim as fourth battery production facility
Mercedes-Benz has revealed that its Untertürkheim plant in Germany will be its fourth global battery manufacturing facility.Currently, the six-facility plant in the Neckar Valley, near Stuttgart, produces internal combustion engines, transmissions and axles. The OEM already plans to develop the plant to manufacture electric vehicle powertrain components, however, including electric ...
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ArticleMichelin opens £10m distribution centre in Stoke-on-Trent
Michelin has opened its £10m European distribution centre (EDC) in Stoke-on-Trent in the UK.The 53,500 sq.m facility, which will also host a national distribution centre (NDC) for Michelin’s tyre service company, ATS Euromaster, has been redeveloped to include 26 loading bays.Together, the two sites can handle more than 5m tyres ...
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ArticleJaguar Land Rover confirms E-Pace production will not be in UK
As part of the launch, a stunt driver completed a world-record barrel-roll jump over 15.3mJaguar Land Rover (JLR) has said its new Jaguar E-Pace compact SUV, launched on Thursday, will be produced in Austria and China – making it the first of its cars not to be manufactured in ...
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ArticleSuzuki gets its delivery priorities in order
A prolonged period of strong sales growth in the UK means Suzuki now imports more than double the number of vehicles it did five years ago into the country. This expansion has put pressure on the company’s finished vehicle supply chain. It has also come at a time when customer ...
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ArticleEU-Japan trade deal dubbed a ‘positive signal’ for automotive sector
An economic partnership agreed in principle between EU and Japan that would see duties removed on a large amount of goods traded between two regions has been welcomed by the European Automobile Manufacturers' Association (ACEA).Significantly, the agreement – which covers goods accounting for a third of global GDP – has ...
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ArticlePSA uses helicopters to circumnavigate blockade
Groupe PSA was forced to use helicopters to transport parts to its car plants in France last week, after workers from financially troubled parts supplier GM&S, which is in receivership, travelled 200km from their base in La Souterraine to block access to PSA’s parts factory in Sept-Fons.A spokesman for the ...
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ArticleCosco Shipping makes $6.3 billion bid for OOIL
Cosco Shipping lines is leading a bid to buy rival Orient Overseas (International) Ltd (OOIL) for HK$49.25 billion ($6.3 billion), as consolidation in the shipping industry continues.OOIL is the seventh largest container shipping company in the world, with extensive container shipping routes and networks. Cosco Shipping is currently the fourth ...
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ArticleIn Time buys Spanish partner as automotive sector drives growth
German premium freight provider, In Time Express Logistik, has bought Spanish courier and express transport operator, Servicios Empresariale Ader (Ader), along with two smaller sister companies for an undisclosed sum.Ader has been In Time’s local network partner in Spain for 15 years.“Transport volumes for In Time on the Iberian Peninsula ...
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ArticleKessler to retire after 38 years with VW Group of America
Stuart Kessler (pictured), VW Group of America’s Houston port manager, will retire at the end of July after 38 years with the company.He spent the last 23 years in his role at the Houston port, where he managed all vehicle logistics functions and was responsible among other things for ensuring ...
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ArticleVW launches virtual reality hub for production and logistics applications
The Volkswagen Group says it has bundled all of its virtual reality (VR) applications for production and logistics into a ‘Digital Reality Hub’.The OEM claims to be the first car manufacturer to roll out VR technology with the HTC VIVE-VR system.The move, which bundles all of VW’s existing VR applications, ...
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ArticleRenault looks to tap into strong Chinese van market with Brilliance JV
Renault and Brilliance China Automotive (CBA) have signed a cooperation agreement to form a joint venture for the manufacture and sale of light commercial vehicles (LCVs) in the Asian country.“As a top global automotive company, Groupe Renault is entering into a promising and high-potential Chinese LCV market which accounts for ...
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ArticleDaimler and BAIC to invest $735m in electric vehicle production in China
Daimler and its Chinese partner, BAIC, have agreed to invest 5 billion yuan ($735m) in their local production joint venture, Beijing Benz Automotive Company (BBAC), as they prepare it for electric vehicle production from 2020.The investment will include construction of a battery factory in Beijing – the first the German ...
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ArticleSCH wins stevedoring contract for Renaults shipped into Southampton
Southampton Cargo Handling (SCH) has been awarded and started the stevedoring contract to handle all Renault vehicles being shipped into the port of Southampton, in the UK.The news follows Euro Marine Logistics (EML), a joint venture project between Mitsui OSK Lines and Hoegh Autoliners, winning the shipping contract for about ...
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ArticleSo far so good for Ford shipments into Venice port
The addition of the port of Venice for imports of Ford Transit light commercial vehicles into Italy has gone “very well” according to the OEM’s manager of vehicle logistics for Europe, Torsten Heinrichs.Back in April, Venice port announced that Neptune Lines had secured a deal with Ford to add the ...