All Gefco articles – Page 2
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Gefco: Full of get up and go
French transport and logistics provider Gefco started 2018 with an announcement in Paris that it was looking to cooperate more closely with its partners and customers. At the same time, the company said it was looking for international growth and new business as it continued to move beyond the traditional ...
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Trusting the market will stay afloat
European vehicle-handling ports saw growth in vehicle vehicle volumes in 2017, however geo-political worries – not least Brexit – is causing concerns. Ports continue to invest but there are worries over future volumes and capacity levels.
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Gefco reports gains in automotive beyond core PSA contracts
Gefco has reported annual revenue gains of 5.1% in its full-year results for 2017, earning €4.4 billion ($5.4 billion). Sales were supported by a 8.1% growth in global automotive accounts outside of its traditional activity for former parent company Groupe PSA (which now includes GM's Opel/Vauxhall divisions). The company noted ...
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PSA Group to sell remaining stake in Gefco
French carmaker PSA Group, which owns Peugeot, Citroën and Opel/Vauxhall, has said it will sell its remaining 25% stake in Gefco, its former logistics subsidiary.The carmaker said in a statement that “Gefco’s operational performance and the diversification of its client portfolio no longer [make] it necessary for [PSA Group] to ...
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Gefco reveals latest developments in regional strategy
Gefco has revealed a number of recent business developments at a meeting held in Paris this week to launch its new corporate direction, brand identity and the further development of its commercial activity. They include the purchase of rail and compound assets in Russia to support exports to neighbouring countries; ...
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Gefco buys GLT to strengthen service between Morocco and Europe
Gefco has bought Moroccan road haulage company GLT for an undisclosed sum in a move designed to strengthen its service between Europe and Morocco, including for the automotive industry. Gefco’s division in Spain will own and manage GLT.GLT has been operating as a specialist in logistics flows through the strait ...
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The building blocks of demand
China and Europe are far apart, not just in terms of distance, but also culturally, economically and politically. Yet they occupy the same Eurasian land mass and trade between the two regions has been growing strongly. That includes automotive freight, with parts and vehicles moving in greater numbers in both ...
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Holding on to the hard-won gains in Brazil
The Brazilian economy has had it rough over the past few years, experiencing its deepest recession since the 1930s, with GDP growth shrinking for eight consecutive quarters. That contributed to a drought in new vehicle sales from 2013 through to 2016. This long crisis laid waste to many parts of ...
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Gefco handles first dedicated block train of auto parts from China to France
Gefco has handled its first dedicated block train of containerised automotive parts between China and France. The transport and logistics provider coordinated the 11,000km journey of 40ft containers along the Silk Road trade corridor, negotiating with railway partners in different countries and deploying forwarding teams in Shanghai, Moscow and Paris. ...
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No more second-hand innovation
The conservation of time and the acceleration of goods in the supply chain have long been valued by OEMs and their partners in bringing new cars from production to market. Those principles are increasingly being brought to bear in the used car market, too, with tighter logistics chains and greater ...
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One box still does not fit all
A look at automotive packaging developments over the past 20 years
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Gefco invests in expansion to meet demand in vehicle traffic through Portbury
The UK division of transport and logistics operator Gefco has reported an increase in turnover at its facility in Portbury last year to £12m ($16m), following an extensive overhaul of facilities and technical services for its OEM customers, including its former owner PSA Group. Further unspecified increases are forecast for ...
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Gefco opens sequencing warehouse in Liverpool with a view to the future
Transport and logistics provider Gefco has opened a £10m ($13.2m) warehouse and sequencing centre in Speke near Liverpool, in the UK which is currently supplying components to Jaguar Land Rover’s plant in nearby Halewood. At an event held to mark the opening last week Gefco executives talked about the latest ...
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General strike in Catalonia hits assembly at plants around Barcelona
This week’s general strike in the Spanish region of Catalonia has disrupted vehicle production in the region and distribution networks across the modes.Strike action began on Tuesday (October 3rd) in protest at the police violence that hit the region’s independence referendum on October 1st. Hundreds of people were injured as ...
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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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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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Russian 3PLs fear further road transport crisis while rail's surplus grows
Russian automotive logistics providers have begun to raise concerns about a further capacity crisis in road transport this autumn, as finished vehicle volumes pick up after the summer.Speaking to Automotive Logistics around the presentations at the recent Automotive Logistics Russia summit, Kirill Glukhov, business development director at Vectura, said a ...
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LCVs recovering better than passenger cars in Russian market
The light commercial vehicle (LCV) market in Russia is experiencing a better recovery than that of light passenger vehicles – though it will be some time yet before it achieves pre-crisis levels, Tatiana Hristova, manager CEE – European Light Vehicle Sales Forecast at IHS Automotive, has suggested.Speaking to Automotive Logistics ...
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Gefco announces changes to top executive roles
Gefco has appointed Emmanuel Delachambre (pictured) as the new executive vice-president for its division in France and has also added responsibilties to the roles carried out by Emmanuel Cheremetinski and Pierre-Jean Lorrain.Delachambre, who replaces Marc Cahingt in the new role, has worked at Gefco France since 2013 when he moved ...
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Gefco confirms partial sale being considered by controlling shareholder
Gefco has confirmed its parent company, Russian Railways (RZD), is considering selling a partial stake in the company but plans to remain the majority shareholder.RZD completed an €800m ($900m) acquisition of a 75% stake in the logistics provider from PSA Group in December 2012. PSA remains its biggest customer and ...
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