All Integrated LSPs articles – Page 23
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Neovia acquisition by Goldman Sachs confirmed
Following the news that Goldman Sachs Group's private equity arm, along with Rhone Capital was close to acquiring Neovia Logistics, Platinum Equity has now announced the planned sale. The closing of the transaction is currently pending customary closing conditions, including regulatory approvals. It was widely reported in the press that ...
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Lufthansa Cargo expands in Africa
Lufthansa Cargo, a subsidiary of Lufthansa, has recently added Tunisia and Nigeria to its cargo network.With increased demand coming from Tunisia, the freight airline is increasing its presence on the continent for its 2014-2015 winter flight plan. In September, Lufthansa Cargo began flying to Lagos, Nigeria twice a week, and ...
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Kinsella leaves Gefco for automotive role at Expeditors
Karen Kinsella (pictured) has moved from her role as global key account manager for automotive at transport and logistics provider Gefco, to take up a new role at Expeditors as vertical manager in the automotive division for Europe.Expeditors is a global logistics and freight forwarding provider based in Seattle, Washington ...
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Goldman Sachs to acquire Neovia
Goldman Sachs Group’s private equity arm, along with buyout firm Rhone Capital, are close to acquiring Neovia Logistics for more than $1 billion, including debts, according to press reports. Neovia is a third party logistics provider with substantial operations in the automotive and industrial sectors, including spare parts distribution. A ...
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TNT revises profit outlook and launches rebrand
Global logistics provider TNT has said it is revising its forecasted 8% operating margin for 2015 in light of deteriorating trading conditions in Europe and increased competitive pressures. At the same time the company has launched a new brand identity, with a redesigned logo and the addition of the strapline ...
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Endless possibilities
Glovis Europe general manager Frank Schnelle talks about the company's strategy for consolidating logistics in some markets and ambitions to gain transport assets.The growth of Kia and Hyundai in Europe has propelled the expansion of Glovis Europe, the group subsidiary tasked with managing the two brands’ logistics. From its beginnings ...
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Comprehensive Logistics opens $30m GM support facility
Comprehensive Logistics, a third party logistics provider, will be opening a new $30m automotive manufacturing support facility just a mile from the General Motors plant in Spring Hill, Tennessee. The facility will house the manufacturing and light assembly of automotive components for the OEM. The Spring Hill facility is expected ...
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ECG column: Still all to play for
With so many questions unanswered regarding sulphur emission regulation changes and final talks over EU trailer lengths still to come, the ECG president calls for action and engagement from everyone with a vested interest.As we head into the final quarter of 2014, you might be reflecting on what a surprising ...
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General Motors: waste not, want not
GM’s executive director of global logistics, Edgard Pezzo, left, talks to Christopher Ludwig about cutting waste and cost in a multi-billion dollar supply chain.When Edgard Pezzo took over as executive director of global logistics and containerisation at General Motors, in May 2013, the top logistics purchasing management job came with ...
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US trucking survey: loaded up for growth
Rising sales and rail disruption may have added to the challenges posed by driver and capacity shortages, but investment, better planning and increased collaboration are laying a solid base for further expansion in the sectorThe continued growth in new vehicle sales in the US has ushered in new opportunities for ...
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Keeping up to speed
With production in eastern and central Europe predicted to grow further, investment in logistics operations must be made to cope with the flow of exports.Within the borders (and non-borders) of the European Union and its immediate trading partners, the past two decades have seen a gradual, but undeniable expansion of ...
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Is there still a place for leaders?
The ‘lead logistics provider’ concept may be undergoing its biggest ever changes. The question is whether or not it is still working for today’s automotive industry. Co-ordinated from a ‘control tower’ based on the customer's site in Solihull, England, an extensive European supply chain feeds the three British vehicle assembly ...
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A stronger grip on the market
A shift towards local production and increased near-sourcing is improving the tyremaker’s logistics and order management in one of its main growth territories, reports Anthony CoiaBased in Milan, Italy, Pirelli & C SpA is the world’s fifth largest tyre manufacturer, with 22 factories in 13 countries around the world. ...
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Finding ways to improve benchmarking
Despite a multitude of difficulties, many outbound LSPs are working to benchmark performance, but it will take significant co-operation between OEMs to really push the process forwardBenchmarking in finished vehicle logistics can be a fraught practice. The international scale of the automotive industry, myriad business models and varying company objectives ...
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Brazil is slowing down to take stock
The Brazilian automotive sector has seen stalling production and sales following a stagnant economy and the end of tax breaks. Logistics companies are trying to combat the slowdown and find growthFollowing several years of boom time over much of the past decade, Brazil’s automotive supply chain players are now learning ...
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When supply is a close run thing
Carmakers are showing a renewed interest in local supply networks, but do the benefits of supplier proximity balance the costs for both sides, or is there a middle distance to be found for a win-win? The evolution of automotive manufacturing has mostly been a story of dis-integration. Today’s car factories ...
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Dressing for a hot market in a cold network
The 15th annual Automotive Logistics Global conference, held at the MGM Grand in downtown Detroit, brought senior OEM, tier supplier and logistics provider executives to discuss ways of coping with the current growth and changes across the North American network. Most anticipated growing complexity, an increasingly important Mexico, and the ...
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Global conference: velocity versus efficiency in spare parts
Consumers and customers are becoming an increasingly demanding bunch. Long gone are the days of customers waiting weeks for products – including service parts or aftermarket accessories for their vehicles. After all, if consumers can have next day delivery of anything from a pair of socks to a television from ...
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Global conference: lessons from the polar vortex
During the Automotive Logistics Global conference in Detroit, executives in finished vehicle logistics looked back at the impact of the ‘polar vortex’, which hit North America last winter, leading to wide-scale transport disruptions. Some tough lessons were learned, not least by the rail sector, about how to avoid the same ...
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Global conference: rising complexity
The global rise of vehicle assembly continues, bringing with it a lot more complexity in supply chain management, global part and vehicle movements, and electronics and technology, according to speakers at this week’s Automotive Logistics Global conference in Detroit. Global vehicle assembly is set to hit 85.7m units in 2014, ...