All News articles – Page 10
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DHL Supply Chain shakes up its global leadership team
Patrick Kelleher is to become CEO of DHL Supply Chain North America, replacing Scott Sureddin, and Markus Voss becomes global chief development officer, among other moves
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Uzbekistan aims to become regional automotive superpower with BYD contract
Uzavtosanoat has signed a deal with BYD to assemble electric vehicles from from complete knockdown kits and produce 500,000 of them a year
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Proficient aims to raise $215m by going public
The logistics firm had previously hoped to raise less than half of the figure.
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Ryder opens second US-Mexico border logistics facility in El Paso
Ryder opened a warehouse and crossdock in Laredo in February.
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Stellantis reduces inventory ahead of new product launches
In its latest financial results released today, the carmaker revealed that it took in lower than expected revenues in Q1 due to an unfavourable product mix and lower volumes.
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Ex-GM vehicle logistics head Anthony Clevio joins United Road
Anthony Clevio, who left GM last year, has joined United Road Services as its senior vice-president of sales and marketing.
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Jack Cooper drops bid for LTL provider Yellow
Jack Cooper had been involved in negotiations to resurrect the trucking firm, having spent recent years expanding through acquisitions.
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Proficient goes public to acquire five logistics firms
If successful, the IPO and roll-up of the five other firms would make Proficient one of the largest fleets in North America.
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DHL Freight deploys eActros trucks from Mercedes-Benz
DHL Freight is using eActros 300 electric trucks (etrucks) at two sites in Germany, including for deliveries of parts to the Mercedes-Benz axle plant in Kassel
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Energy crunch eases to benefit European automotive parts sector
Lower energy prices in 2023 have been shown to be a key factor in helping to control operational costs for parts makers in Europe
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Containerised car deliveries soar on the US east coast
Tight ro-ro capacity is leading some carmakers to ship vehicles in containers and there has been a tenfold rise in volumes at the port of New York and New Jersey
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DFDS in agreement to buy Ekol Logistics’ transport network
DFDS is expanding its multimodal transport network between Turkey and Europe with the buyout of Ekol Logistics’ international transport network
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BMW renews contract with BCA for UK vehicle remarketing
BCA will be providing defleet, remarketing, inspection and collection services for BMW and specialist leasing and its fleet management business Alphabet
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Vitesco Technologies signs DHL Supply Chain as lead logistics provider in Europe
Continental powertrain spin-off Vitesco Technologies has contracted DHL Supply Chain as a lead logistics provider for its 12 production plants in Europe
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Restrictions tighten on Chinese semiconductor firms
The US has been increasing pressure on countries in Europe, such as Germany and the Netherlands, as well as South Korea and Japan, to restrict trade with Chinese firms
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Tensions in Middle East trigger war risk premiums in freight rates
The capture of the MSC vessel is the latest in the crisis affecting shipping routes on the Red Sea and could cause even more problems for global shipping.
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Brunswick port increases vehicle traffic and invests for further growth
The US port of Brunswick processed 740,000 passenger cars and light trucks last year, up 13.5%, with Mercedes-Benz its biggest customer
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Northvolt starts work on German gigafactory
Battery maker Northvolt has begun work on its battery gigafactory in Heide, northern Germany, called Northvolt Drei which will supply battery cells to European EV makers
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Stobart Europe strengthens vehicle logistics with Soloja buyout
Stobart Europe has bought German transport provider Soloja Autotransporte to enhance its finished vehicle logistics services in Europe
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Honda begins vehicle exports from India to Japan
Honda Cars India is exporting its Elevate mid-size SUV to Japan for the first time via the APM Terminals facility at the port of Pipavav