News – Page 332
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FeatureGrimaldi on pace to double profit
Despite rising oil prices, unrest in North Africa and the Middle East, and economic instability in several major European markets, the Naples-based shipping company Grimaldi Group has seen a remarkable growth in profits during the first months of 2011, led in particular by its three Italian-incorporated companies, according to Emanuele ...
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FeatureExecutives on the move
Julie Krehbiel has resigned as vice president and general manager – Automotive, from US rail provider Union Pacific. The company said she had left for “personal reasons”. No further details were made available. Krehbiel has been replaced by Linda Brandl, who moves from her position as vice president of the ...
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FeatureDHL reports confident UK auto sector
According to new research by DHL Express almost half of the UK’s automotive businesses involved with import and export expect overseas demand for their products to grow in the next three months, boosting the UK economy and lending a positive impetus to today’s GDP figures for the period between January ...
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FeatureGlobal news in brief
Saturday night’s alright for CevaCeva Logistics has added services for Saturday deliveries to the US from Mexico as part of its Consolidated Border Truck programme (CBT). The Saturday Night Expedite service will ensure the transport of freight that needs to arrive in the Midwest or Ontario, Canada by Monday morning. ...
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FeatureNissan turns over Leaf in US
Nissan has made a delivery of Leaf electric vehicles to the US through the port of Long Beach in California, which are due to reach customers by June this year. The company has only delivered 500 of the vehicles since introducing them to the US market in December last year ...
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Feature
Japanese exports washed away
The full impact on vehicle exports of Japan’s devastating 8.9 magnitude earthquake and tsunami off its north-east coast near Sendai was still being assessed at the time of going to print, but already signs point to significant damage to certain ports and production stoppages of at least three days to ...
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FeatureChina to boost vehicle exports
China is targeting an increase in vehicle exports over the next five years as it enters its 12th Five Year Plan period, with carmakers targeting both developing markets and more mature sectors such as the US. Building on developments in the last phase, which ran from 2006 and saw significant ...
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FeatureRail providers tackle capacity problem
The surge in automotive shipments in North America as carmakers ramp up production to meet demand has taken rail freight providers by surprise and resulted in a shortage in railcar availability amongst the region’s leading providers. During the recession rail companies put a significant amount of their railcars and ...
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FeatureTurkey announces auto strategy
The Turkish government has released details of its action plan for the automotive industry covering the period between 2011 and 2014. Published in a document released last week called The Turkish Automotive Strategy Report and Action Plan, the move is aimed at firmly establishing the country as a production centre ...
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FeatureVW hits record deliveries in Q1
The Volkswagen Group finished the first quarter of 2011 with a significant increase in vehicle deliveries, moving more than 1.97m vehicles from January to March, up from 1.73m over the same period last year. The 13.7% increase means the company outperformed the overall market, which grew 8.1%. Furthermore, VW reported ...
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FeatureGlobal news in brief
Gefco launches European service from UKGefco has launched a daily departure and delivery service from Coventry in the UK to 15 countries across Europe. The new EuroDailyService service aims to provide better journey times and increased frequency through more direct routes, according to the company. Gefco also said it will ...
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FeatureExecutives on the move
Dr Ernst-Hermann Krog has retired from his position as head of brand logistics at Audi and been replaced by Dr Michael Hauf, who moves from his position as head of Plant Planning at the carmaker. Krog has been with the VW Group since 1980 in a variety of roles including ...
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FeatureSaab struggles with delivery freeze
Production at Saab’s plant in Trollhättan, Sweden remains at a standstill as the company tries to resolve payment issues with suppliers that have refused to continue delivering parts. The payment problems have raised questions about long-term survival the carmaker, which was bought by Spyker International in February last year from ...
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FeatureMazda to use Trans Siberia Railway all year
Mazda will be using the Trans-Siberian Railway route it started shipping vehicles on in 2008 for the entire year this year. The move follows studies the Japanese carmaker has made into the effect of weather conditions on the vehicles. It was the first carmaker to use the route for regular ...
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FeatureGo ahead for Grimsby terminal
Following last week’s news that the UK port of Tyne has shown strong growth in its import activity (read more here), another port on the UK’s northeast coast–Grimsby–is to receive a boost for its finished vehicle handling with the approval of a dedicated two berth ro-ro riverside terminal. Last week ...
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FeatureChina rules on US vehicle dumping
China’s Ministry of Commerce (MOC) has released a preliminary ruling on an anti-dumping and anti-subsidy investigation into US vehicle imports that includes saloons and SUVs from carmakers including GM, Chrysler and BMW. When a company exports a product at a cost lower than the price it normally charges in its ...
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FeatureSubaru adds Richmond to US ports
From mid-June this year Subaru of America will start using the port of Richmond on the US West Coast for imports, making a third point of entry to the US for the company along with the ports of Vancouver to the north and Baltimore on the East Coast. The addition ...
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FeatureGefco widens reach with Mercurio stake
Peugeot-Citroën’s logistics arm Gefco is acquiring a controlling 70% share in Italian transport and distribution company Gruppo Mercurio following an agreement signed with Venice European Investments (VEI), the investment fund controlled by holding company Palladio Finanziaria. The figure of the transaction has not been released, though Palladio is reported to ...
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FeatureFiat to bring freight forwarding in-house
Fiat is planning to bring freight forwarding and network management in-house for its European inbound supply chain in the next year across both its automotive and industrial divisions, functions that are currently managed by lead logistics providers (LLP). The transition is made possible by investment in Oracle’s transport management system ...
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FeatureJack Cooper picks up Allied trade
Following news in March that US finished vehicle carrier Allied Systems Holding had withdrawn its distribution services for Chrysler and GM following a dispute over employee pay and haulage rate rises (read more here), rival carrier Jack Cooper Transport has announced that it has picked up part of the business. ...