All Integrated LSPs articles – Page 37
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FeatureEDITOR’S NOTE: Gefco/GM; pressures on free trade
Automotive logistics, by definition, always moves. From sorting material at crossdocks to loading in ports, sailing, trucking or flying, the supply chain is in constant flux. So too is the automotive logistics industry itself. A struggling European market brings not only painful cuts, but also changes in logistics strategies. GM’s decision ...
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FeatureRussian Railways will buy Gefco stake
As Automotive Logistics was going to press, PSA Peugeot Citroën announced that it had entered into exclusive negotiations with Russian Railways (RZD), the state-owned rail operator, to sell a majority stake in PSA’s logistics provider, Gefco, and form a “strategic partnership”. PSA said that it would sell a 75% interest ...
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FeatureRussian Railways wins bid for Gefco
Months of speculation over the sale of PSA Peugeot Citroen’s logistics subsidiary Gefco was brought to an end last week when it was announced that Russian Railways (RZD) had emerged as the winning bidder for a 75% stake in the company worth €800m ($1.04 billion). RZD is the ...
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FeatureGlobal round up
Ennore passes 200k exports, starts imports The port of Ennore reached a total of 200,000 vehicle exports at the beginning of August and also received its first vehicle imports – 110 Mitsubishi Pajero SUVs transported by K-Line from Thailand.The port, located just north of Chennai on India’s east coast, began ...
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FeatureGlobal round up
Kuehne+Nagel builds service for BMWKuehne + Nagel has expanded BMW’s supply centre in Wörth, Germany by 50,000-square metres to feed inbound parts to the carmaker’s plants in Dingolfing, Landshut and Leipzig. The addition brings the footprint at the facility to 95,000 square metres. The logistics provider is handling ...
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FeatureGlobal round up
Kuehne+Nagel builds service for BMWKuehne + Nagel has expanded BMW’s supply centre in Wörth, Germany by 50,000-square metres to feed inbound parts to the carmaker’s plants in Dingolfing, Landshut and Leipzig. The addition brings the footprint at the facility to 95,000 square metres.The logistics provider is handling warehousing, sequencing ...
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FeatureGood riddance to Q2 says Ceva
Ceva Logistics is glad to see the back of a second quarter that its chief financial officer, Rubin McDougal (pictured), said was disappointing in terms of projected volume growth in the air freight division and a poor performance in the contract logistics sector, in large part because of losses ...
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FeatureCAT Logistics sale finalised to Gefco bidder
Construction machinery maker Caterpillar has completed the sale of its third party logistics arm – Caterpillar Logistics Services – to Platinum Equity in a deal worth $750m. Platinum Equity is also one of four companies reported to be bidding for Gefco, the logistics arm of PSA Peugeot Citroën. Platinum ...
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FeatureGefco profits slide as PSA struggles
Gefco Group, the logistics subsidiary of France’s PSA Peugeot Citroën, has seen its profits slide nearly 56% in the first half of 2012 compared to 2011 following drops in revenue in Europe and particularly across Peugeot Citroën, its parent and largest customer. Gefco has also seen its margins squeezed ...
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FeatureMahindra Logistics looks to diversify and double profits by 2016
Mahindra Logistics, India’s largest automotive logistics provider, has said it plans to double its revenue in the next four years by building on and diversifying its logistics services outside its parent company, Indian conglomerate Mahindra & Mahindra (M&M), and the automotive industry more generally. The company, which was established ...
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FeatureNYK aims to double sales in logistics
The president of ocean-forwarder NYK, Yasami Kudo, has said the company will concentrate on doubling sales at its logistics operations, including the freight forwarding and warehousing businesses led by its Yusen Logistics unit. Yusen Logistics is the product of NYK’s integration of its contract logistics division, NYK Logistics, and ...
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FeatureIn Profile: Inna Kuznetsova
Inna Kuznetsova’s background is unique compared to most in the automotive and logistics industries. Having studied non-linear differential equations at Moscow State university, she left mathematics for business when academic funding dried up in the Perestroika years of the Soviet Union. Although growing up in what she calls the ‘gone ...
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FeatureTied to the green principle
Regulatory realities;The real cost of regulations;Strategies for reducing emissions and cost;How to measure emissions;Future trends.Andrew Williams reports on how LSPs are attempting to reduce emissions and costs in response to environmental concerns and changing regulationsIn recent years, automotive logistics companies have come under increasing pressure to improve the environmental performance ...
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FeatureGlobal round up
Ceva takes 100% of China domestic service Ceva Logistics has bought the remaining 30% share in Ceva Ground China from its partner Shanghai JY Group, making the former joint venture company a wholly-owned subsidiary. Ceva Ground China was established in 2009 as a rebranded version of its time-definite domestic ...
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FeatureCat to sell stake in logistics division
Caterpillar is selling a controlling stake in its logistics division to Platinum Equity, a mergers and acquisitions specialist, for $750m. Under the terms of the agreement, Platinum Equity will take a 65% stake in Caterpillar Logistics Services, the third party logistics division of Caterpillar's wholly-owned subsidiary Caterpillar Logistics. Caterpillar ...
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FeatureFord and Penske awarded for supply chain solution
Ford and Penske Logistics have been jointly awarded this year's European Award for Logistics Excellence by the European Logistics Association (ELA) at an event held last week in the Ukraine capital Kiev. The award recognised their jointly-developed Network Integrator concept, which provides a single distribution platform for a ...
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FeatureCeva files for IPO as its auto results shine
Ceva Logistics has filed a preliminary prospectus with the US Securities and Exchange Commission and announced it will float its business on the New York stock exchange in a bid to raise up to $400m in share capital. The company, owned by private equity firm Apollo Management, reported ...
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FeatureGlobal round up
Прочтите эту статью на русском языкеFinnlines adds ro-ro vessels to fleetRo-ro operator Finnlines, part of the Grimaldi Group, has introduced two new ro-ro vessels to its fleet this month, the third and fourth of six new ships coming into operation this year. The MS Finnsky and ...
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FeatureDB Schenker expands services for VW
Прочтите эту статью на русском языкеDB Schenker Logistics has opened a new warehouse at the Hanover-Stöcken supplier park in Germany for the storage and just-in-time supply of components to VW Nutzfahrzeuge's (VWN) neighbouring commercial vehicle production facility, which will begin production of the Amarok pickup from ...
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FeatureV-Scope for improvement
MarciaMacLeod learns about how Vascor integrates its software with that of OEMs to ensure efficient deliveryWhen Toyota opened its first US plant in Kentucky, a joint venture was formed between APL Logistics and Fujitrans to handle logistics. Today, Vascor–celebrating its 25th anniversary this year–operates across North America, working primarily ...