News – Page 180
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Concerns over global trade as Trump secures US election victory
Donald Trump’s surprise victory over Hillary Clinton in the November 8th US election has created serious concerns over the future of the country’s major trade agreement with its neighbours, which has become such an important part of many carmakers’ and tier suppliers’ automotive supply chains.Markets and currencies including the Mexican ...
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India conference: Somewhere behind the smog, the sun is rising
While the North American economy and automotive supply chain may have been thrown into disarray this week with the election victory of Donald Trump in the US, there was a clearer picture of the prospects for the Indian market, despite the record levels of obscuring smog in Delhi.According to figures ...
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Singapore’s GIC to buy P3 Logistic Parks for €2.4 billion
Singapore’s sovereign wealth fund, GIC, has agreed to buy P3 Logistics Parks from TPG Real Estate and Ivanhoé Cambridge for €2.4 billion ($2.6 billion).The two companies acquired European-focused company in 2013 and acquisitions since then have helped it double the size of its portfolio.Lee Kok Sun, chief investment officer at ...
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BMW adds fifth distribution centre to aftermarket network in China
BMW has opened its fifth regional distribution centre (RDC) in China, completing the preliminary stage of its aftersales logistics network in the country. The 15,000 sq.m facility is located in the economic and technological zone in Shenyang. Further work during a planned second stage will add 25,000 sq.m.The facility joins ...
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Rolfo tweaks its Ego in latest update
Rolfo has taken on board several suggestions from drivers who use its car carrying equipment in the latest update to its Ego 538 model for the UK market, launched recently at the Volvo Trucks UK headquarters in Warwick.The updated version also includes additional storage for straps, features to improved the ...
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Tesla buys automated manufacturing specialist Grohmann
Electric vehicle producer Tesla has agreed to acquire Grohmann Engineering, an automated manufacturing specialist, for an undisclosed sum.Located in Prüm, Germany, Grohmann will be renamed Tesla Grohmann Automation and is expected to design and produce several critical elements of Tesla’s automated manufacturing systems, as the electric car company targets production ...
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K Line joint venture to provide total logistics service in Vietnam
Global maritime logistics provider Kawasaki Kisen Kaisha (K Line) and Vietnamese logistics company Gemadept Corp have formed a joint venture based in Ho Chi Minh offering 'total' automotive logistics services.The K Line-Gemadept Logistics Company (KGL), as the JV has been called, has secured a 20,000 sq.m vehicle processing facility within ...
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Ford confirms C$700m spend as Unifor members ratify wage deal
Ford Canada’s employees have voted in favour of a four-year agreement that the company has since confirmed includes a C$700m ($523m) investment at its operations in the country.Details remain scarce, but a spokesperson told Automotive Logistics that C$600m of the planned investment was earmarked for the engine manufacturing site in ...
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Horizon Terminal Services starts business at Jaxport
Horizon Terminal Services, the terminal-operating subsidiary of Höegh Autoliners, has opened an 11-hectare facility at the US port of Jacksonville (Jaxport), in Florida.Jaxport is the top US port for car processing and last year handled more than 671,000 vehicles.The Horizon facility, which will handle vehicles and project cargo, is based ...
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DB Schenker开设新的物流中心为福特欧洲提供支持
DB Schenker投资2,500万欧元(约合2,760万美元)在德国科隆北部Merkenich开设17,000平方米的零部件分销中心。分销中心将负责管理欧洲福特工厂入站零部件,包括附近制造Feista和Fusion车型的工厂。新的中心将替代之前的中心(用于支持福特公司),由地产开发商Goodman在Feldkassel工业园建立,并雇佣200人。该中心将装卸在800供应商的材料,每年接收5,000立方米的货物,并有这些货物出去。每年有近100辆入站卡车经停该中心的时控窗口,有90辆卡车出站。材料在中心里停留2至4小时,然后再运输。该中心可以根据需要扩展到13,000平方米。
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WWL and DB Cargo Italian venture to slash transport times to Asia
WWL and DB Schenker’s Cargo division have agreed to develop a multimodal logistics hub in north-east Italy that will cut the transport time for vehicles to Asia by eight days compared with routes from northern Europe.The port of Monfalcone, near Trieste, is the northernmost port in the Adriatic Sea and ...
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4PL services gain more prominence in Gefco’s €8 billion PSA contract
French-based logistics company Gefco Group has secured an €8 billion ($8.8 billion), five-year deal with its former majority owner PSA Group, with fourth-party logistics (4PL) services for global operations featuring prominently within the contract.Under the agreement, Gefco will design and implement global logistics and transport solutions for the three PSA ...
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ACEA backs VDA on Ceta’s potential to unlock further exports
The European Automobile Manufacturers Association (ACEA) has backed comments by Germany’s automotive trade body earlier this week that the recently-signed EU-Canada free trade agreement could result in an increase in European vehicle exports to the North American country.The Comprehensive Economic and Trade Agreement (Ceta) was finally sorted out this week ...
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SA government incentive review “nothing extraordinary”, says Naamsa
The announcement of a review of government incentives within the South African finance ministry’s recent mid-term budget statement is “nothing extraordinary”, according to the country’s automobile manufacturing body.A section of the budget statement released on Wednesday October 26th said: “Given increased pressures on the fiscus, these incentives, including direct transfers, ...
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VW to build €150m logistics centre to support Slovakian production
Volkswagen (VW) last week laid the foundation for a new €150m ($167m) logistics centre to support its manufacturing plant in Bratislava, Slovakia.The 125,000 sq.m logistics hall will be the main feature of the overall planned facility, which spans 300,000 sq.m and will be completed in late 2017.“The new logistics centre ...
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FTA study shows drop in driver shortage but heavy reliance on EU
Latest analysis from the UK’s Freight Transport Association (FTA) shows that there has been a drop in the shortage of drivers of large goods vehicles (LGVs) across the UK but at the same time highlights how dependent the sector is on drivers from the European Union (EU).The report, entitled The ...
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Ceta deal is an opportunity but TTIP is the main prize, says VDA
The Comprehensive Economic and Trade Agreement (Ceta) signed this week may create an opportunity for increased vehicle sales to Canada by European manufacturers. But given how small that market is compared to the US, it has also highlighted the need to close the Transatlantic Trade and Investment Partnership (TTIP) as ...
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Volvo Cars plans to make China a global export hub
Volvo Cars is starting production of a number of new model series at its facilities in China as part of plans to increase production capacity there and turn China into its global manufacturing and export hub.A spokesperson for the carmaker said it expected China to eventually account for between 30% ...
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Hellmann owner moves onto supervisory board
Klaus Hellmann, managing director and joint owner of Hellmann Group, will relinquish his role to take on a supervisory board position as the global logistics company continues a transition into a new corporate structure.Klaus (pictured), 67, and his cousin Jost, 63, who owns the other 50% of the business, are ...
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Ford and Unifor reach tentative labour agreement in Canada
Ford and Canada’s Unifor labour union have reached a tentative agreement on a four-year national labour contract covering more than 6,400 employees.The deal comes after similar recent agreements between Canada’s largest union and carmakers General Motors and Fiat Chrysler Automobiles (FCA), completing the round of wage negotiations between the union ...