All Middle East articles – Page 2
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ArticlePeacing together new logistics
The end of a longstanding conflict in the Horn of Africa is set to create new pathways into one of the potentially richest automotive markets in the continent; after two decades, Eritrea and Ethiopia have concluded a conflict that has cost hundreds of thousands of lives. The catalyst for peace ...
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ArticleThe future of logistics?
A manufacturing plant in Pittsburgh with an urgent requirement to send a pallet of freight to Chicago has few attractive options, as there is currently no direct highway route between the two. But if the visionaries at Virgin Hyperloop One have their way, that will soon change. By loading the ...
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ArticleBlockchain can disrupt the auto industry
Blockchain has built its reputation as a distributed ledger platform, which provides a framework for securely using and trading cryptocurrencies, such as Bitcoin. However, its potential extends far beyond financial services.The functions of blockchain could cater to other sectors to create more transparency and deliver greater efficiency. One example is ...
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ArticleDon't hope for a trade war truce
Escalating trade wars look set to be the new risk frontier in the automotive supply chain. With countries and trading blocs starting to retaliate against US moves to raise tariffs, open trade borders are closing in quickly. On July 6, 2018, the US began imposing a 25% tax on $34 ...
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ArticleKuehne + Nagel builds in blockchain
Logistics provider Kuehne + Nagel is applying blockchain technology to upgrade its existing Verified Gross Mass (VGM) portal. VGM is the weight of cargo, including the dunnage, bracing and tare weight of the container.Since 2016, the IMO has enforced the regulation that requires the shipper to provide the weight of ...
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ArticleRussians drop US dollar for components purchases
Russian Trade and Industry minister Denis Manturov (pictured) has revealed that many Russian automotive manufacturers are increasingly using national currencies, rather than the US dollar, to pay for imported components. The move has been prompted by recent US sanctions on Russia.Several companies have so far announced the policy, trade with ...
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ArticleStandoff between the US and Turkey raises questions for OEMs
The collapse in the value of the Turkish lira and the political stand-off between Turkey and the US have some potentially serious consequences for the continued growth of the automotive sector in the country.Car and light van production in Turkey has grown steadily in recent years, to around 1.4-1.5m vehicles ...
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ArticleDHL Freight opens warehouse in Manisa
DHL Freight has opened a logistics warehouse at Manisa Industrial Park, near the Turkish city of Izmir, in response to what it said was a growing demand for services in the country."Manisa is not only home to one of the first logistics parks in Turkey, it is also an important ...
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ArticleRussia's fresh focus on exports
In recent years, Russia has put considerable resources into encouraging recovery in its domestic automotive industry. Last year, the federal budget included 62.3 billion roubles ($1 billion) in state aid for carmakers. Such sums have been spent primarily on boosting demand in the domestic market, which has been under pressure ...
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ArticleSkoda reveals plans for Indian market
From left to right: Skoda member of the board for sales and marketing, Alain Favey; CEO Bernhard Maier; managing director of Skoda Auto India, Gurpratap Boparai; and member of the board for finance and IT, Klaus-Dieter SchürmannIts parent company VW Group is investing €1 billion between 2019 and 2021 ...
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ArticleTrump stamps on Iran’s automotive revival
When Iran reached agreement with the global community in 2015 regarding denuclearisation, resulting in the lifting of sanctions in early 2016, almost immediately Renault and PSA announced their return to the country. Prior to Iran being ostracised, both companies had been active there via joint venture (JV) manufacturing operations, mostly ...
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ArticleTurkish exports continue to rise
Turkey’s automotive exports have risen 17% so far this year to reach a value of $13.9 billion, fresh figures from the Uludağ Automotive Industry Exporters' Association (OİB) have shown.In May – the country’s 28th month of continuous automotive export growth – automotive exports were worth $2.8 billion, up 8% on ...
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ArticlePSA suspends joint venture activity in Iran
French carmaker Groupe PSA has said this week that it is suspending all joint venture activity in Iran, following the withdrawal of the US government from the Iran nuclear deal, otherwise known as the Joint Comprehensive Plan of Action (JCPOA).The JCPOA was signed on July 14 2015 between Iran, the ...
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ArticleGefco: 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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ArticleTrusting 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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ArticlePSA Group reorganises supply chain roles
Etienne Jacob (pictured) has moved to become senior vice-president of supply chain at Opel/Vauxhall, based in Rüsselsheim, Germany. He moves from his role as vice-president of supply chain transport and packaging at PSA Group, which now owns the Opel and Vauxhall divisions following last years’ buyout by General Motors.Jacob has ...
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ArticleChep makes Gilder VP of automotive for EMEA
Pallet and container pool provider Chep has appointed Murray Gilder (pictured) as its new vice-president of automotive EMEA (Europe, Middle East and Africa). He replaces David Mayo, who moved last year to become vice-president of global accounts and intercontinental at the Chep Automotive and Industrial Solutions division.Gilder, whose new role ...
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ArticleAutoterminal and Abu Dhabi Ports set up new terminal
Spanish terminal operator Autoterminal, part of the Noatum Maritime Group, has signed an agreement with Abu Dhabi Ports in the United Arab Emirates (UAE) to set up a joint venture car terminal at Khalifa port. The joint venture will be called Autoterminal Khalifa Port and will handle vehicle imports and ...
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ArticleWhat3words: Innovative addressing solution
‘Innovative addressing solution’ aptly summarises the product the founders of a start-up came up with over three years ago. It also happens to be the co-ordinates of an exact 3m x 3m location in the middle of the Pacific Ocean. The original concept that would become What3words was born when ...
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ArticleGefco 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; ...