All Integrated LSPs articles – Page 41
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FeatureBribery investigations to spread through logistics sector
Following last week’s news that new investigations into possible violations of the US Foreign Corrupt Practices Act are being carried out by the US Department of Justice (DoJ), international forensic accountants Forensic Risk Alliance have today warned logistics providers that they should take heed of the prosecution of the Panalpina ...
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FeatureFCPA probe may target more forwarders
German freight forwarder DB Schenker has strongly denied claims that it is subject to a new investigation into possible violations of the US Foreign Corrupt Practices Act being carried out by the US Department of Justice (DoJ) and Securities and Exchange Commission (SEC). According to a report published on the ...
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FeatureVolvo Logistics to raise investment despite rate concerns
Volvo Logistics, the third party logistics (3PL) arm of Sweden’s Volvo Group, has its sights set on growth of up to 20-25% in the coming years on the strength of recovery in North America and Europe and growing volume in emerging markets, in particular China where it is investing in ...
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FeatureMaking the most out of Mexico
The lack of investment in Mexico’s supply base offers good opportunities for third party providers to bring in their expertise and improve their competitive standing. DHL Supply Chain is one such provider that is making inroadsConsolidation through 3PLsManagement of networksMexico on the upMexico has been producing cars for the best ...
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3PLs need to be more proactive
3PLs must become more flexible and innovative in meeting the changing needs of the supply chain, according to carmakers. But manufacturers should do more to help planning.“We want 3PLs to be open to new ways of working, to be more responsive to change,” emphasised Bob Mountain, head of supply chain ...
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FeatureGlobal news in brief
Ford extends aftersales contract with Norbert DentressangleFord has signed a multi-million, two-year contract extension with Norbert Dentressangle Transport Services for the distribution of aftersales parts to the carmaker’s 300 UK dealers. The operation involves Norbert Dentressangle collecting orders from Ford’s Daventry facility for onward delivery directly to the dealerships overnight ...
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FeatureGlobal news in brief
Russia revises import tariffs for foreign assemblyRussia is revising its rules for foreign vehicle assembly in the country, exempting carmakers from abroad that make up to 300,000 vehicles per year there from import tariffs on parts for eight years. Under the current rules, foreign companies benefit from discounted tariff ...
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FeatureRenault mulls future with CAT
Renault plans to change the shape of its contract with Groupe CAT when the current five-year term is up in 2012 and is working with the company to improve performance before it decides on its future direction. “I am not sure that a new exclusive five-year contract will be put ...
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FeatureGlobal news in brief
Last minute efforts made to appease carmakersTalks between trade ministers from the US and South Korea continued this week as the countries try to resolve issues raised by US carmakers ahead of Thursday’s proposed approval of the free trade agreement between the two countries. Both hope to reach an agreement ...
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FeatureGlobal news in brief
Shanghai GM sets Sail for ChileGM’s joint venture with Shanghai Automotive Industry Corporation has begun exports of the Chevrolet New Sail to the Chilean market with 1,000 of the vehicles already dispatched on a vessel operated by Chile’s CSAV. The company has also announced plans to sell the sedan in ...
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FeatureGlobal news in brief
GM confirms closure of AntwerpDespite speculation last week that GM Europe was in talks with China’s Geely over the future of its Opel plant in Antwerp, the company confirmed this week that the plant will close and that there will be no further negotiations for vehicle assembly there beyond the ...
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FeatureGlobal news in brief
SNCF Fret losing millions in French disputeSNCF Fret is suffering serious disruption this week as French unions led by SNCF workers continue the strike action begun yesterday in protest over the French government’s pensions reform bill. The company is estimated to be losing €20m ($28m) a day in lost revenue ...
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FeatureNYK integrates divisions into new company
NYK has started the integration of its contract logistics division NYK Logistics with its airfreight forwarding business Yusen Air & Sea Service, bringing into being a new company called Yusen Logistics. The start of integration realises the intention outlined by NYK’s president Yasumi Kudo in his new year’s speech in ...
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FeatureBringing lean to the LSPs
A philosophy of lean logistics and continuous improvement is not just for the large carmakers of the world; even smaller logistics providers have found ways to use the principles to improve their business.The Huppertz Group, a medium-sized, family-owned German logistics provider, will open a logistics centre in 2011 in Kassel ...
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FeatureGlobal news in brief
NYK vessel attacked near IndonesiaA car carrier operated by NYK Line was attacked by pirates off the coast of Indonesia, near Kalimantan, earlier this month. The Cheerleader, which was travelling between Kobe, Japan and Jakarta in Indonesia,was boarded by pirates on September 10th. The pirates stole money but fled without ...
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FeatureCFLP wants Chinese providers to lead by example
The growth of the Chinese automotive market in the past 18 months may have been faster than the pace at which Chinese automotive logistics companies have been able to expand fleets and develop the types of supply chain services that carmakers increasingly require, according to representatives from the Council Automobile ...
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FeatureGlobal news in brief
Kia halts exports to IranKia Motors has suspended exports to Iran, including finished vehicles and parts, partly as a response to South Korea’s nuclear-related sanctions according to the company. The Korean carmaker makes significant exports of the hatchback Pride model, which is popular in Iran and accounts between 30-40% of ...
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FeatureSchneider Logistics sells freight and customs business
Schneider Logistics is selling its freight forwarding and customs brokerage business in the US and China to European logistics provider Norbert Dentressangle. The sale, which includes seven locations in the US and two in China, and is estimated to have annual sales of $29m, is expected to be complete by ...
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FeatureToll buyout will bring auto expertise to China
Asian integrated logistics provider Toll Group has completed its acquisition of joint-venture partner, China-based ST-Anda, and launched its own brand into the Chinese market under the Toll Global Logistics division. The move will strengthen domestic branch network support for Toll’s automotive offering according to Toll Global Logistics president and CEO ...
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FeatureGlobal news in brief
Panalpina in red from legal fees but sees automotive strength Swiss logistics group Panalpina reported a loss in the second quarter as the costs for legal bills offset improved market conditions in air and ocean freight, as well as increased automotive activity. The group, subject to investigations in Europe and ...