Road and truck transport – Page 14
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Eddie Stobart raises £122m in AIM listing
Eddie Stobart Logistics (ESL) has officially begun trading on London’s AIM market after raising £122m ($155m).The company first announced its intention to list last month.The shares were offered at £1.60 a share, valuing the company at £572.7m on admission. In total 245m shares were sold for £392m, with existing shareholders ...
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Groupe CAT takes full ownership of Carlson Vehicle Transfer
Groupe CAT has announced the latest acquisition in its consolidation spree, buying the 50% in UK firm Carlson Vehicle Transfer (CVT) that it did not already own for an undisclosed sum.The stake was acquired from founder Carl Richardson, who will still provide support to the company, according to a CAT ...
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China conference: Fast lane to the future
Looking to 2025 and beyond: (left to right) Automotive Logistics' Louis Yiakoumi; CFLP's Ma Zengrong; Continental's Andreas Subbe; Volvo Cars' Magnus Ödling; Automotive Logistics' Christopher LudwigThe Chinese automotive industry continues to climb to new heights both in quantity of volume and in quality of service. After a red-hot year ...
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ANT Lojistik invests in fleet to support Mercedes contract in Turkey
The Turkish division of German carmaker Mercedes-Benz – Mercedes-Benz Türk – has signed a deal with domestic finished vehicle logistics provider ANT Lojistik for the delivery of cars to dealerships across the country.Under the contract, which will run for a five and a half years, ANT will be the sole ...
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China trucking: From overloaded to under capacity
China’s new road transport rules are prompting an evolution in the country’s vehicle logistics as suppliers redefine their networks to cope with changing truck limits – but investment is likely to be slowIn this story... A new phase for car carriers The capacity hit A centrist view Levelling the ...
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Seat: A megatruckload of progress
Seat’s supply chain leaders open up about rail infrastructure, the carmaker’s use of automation and its service parts networkIn this story... Seat's European network Multimodal and connected Aftersales in motionSeat has been emblematic of Spain’s automotive ups and downs over the past decade. It suffered badly during the country’s severe ...
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Childs joins Moore Transport as VP of sales and marketing
Bradley Childs has been appointed as vice-president of sales and marketing at Moore Transport.He joins the company after almost five years with Proficient Auto Transport, a Florida based car carrier, where he was VP – sales and operations.Prior to that, he was director of business planning at third party logistics ...
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Car Delivery Network targets China product roll-out
Car Delivery Network (CDN) has formed a joint venture with Shanghai KaQu Information Technology, as it plans the roll-out of its electronic proof of delivery (ePOD) software products in China.The new JV, KaQu Delivery Network (KDN), will market electronic real-time OEM vehicle delivery tracking, damage reporting and delivery sign-off for ...
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Omnitracs to offer Peloton’s platooning solution to customers
Fleet management solutions provider Omnitracs has formed a partnership with Peloton Technology allowing the former to offer the latter’s truck platooning solution to its customers.This year, Peloton will begin filling pre-orders of its platooning product for Class 8 trucks. The Silicon Valley-based company’s investors include Volvo Group, UPS, Intel Capital ...
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Danish project seeks to cut empty vehicle miles
Innovation Fund Denmark (IFD) has announced it will part-finance a new, 15m kroner ($2.2m) project to develop an automated logistics system that will let shippers fill more empty miles.The project, called DiRectly, will help freight companies cut transport costs and carbon emissions by minimising empty journeys and help truck companies ...
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Scania welcomes plans to promote electrified road technology
Truckmaker Scania has welcomed plans by Sweden and Germany to speed up the development of electrified road technology.The plans are part of a new innovation partnership between the two countries launched on Tuesday (January 31st) during a visit to Sweden by German Chancellor Angela Merkel. The partnership aims to strengthen ...
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ECG column: More of the same or all change?
This year will be one of substantial change, but change brings opportunity… including the opportunity to treat our drivers better Wolfgang Göbel is president of the Association of European Vehicle Logistics (ECG) Welcome to a new and probably rather interesting year. We entered 2017 in Europe with a ...
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US car hauliers: Keeping all eyes on the road
Despite a levelling off in US vehicle sales, car carriers hope to carry on expanding as new technology makes them more efficient. But there are potholes to negotiate, as Automotive Logistics finds out...The car haulage industry in the United States has begun to experience the inevitable – a decline in ...
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BCA unveils new supply chain structure
UK-based finished vehicle services provider BCA has restructured its supply chain operations to improve support for manufacturers and fleet operators.The new structure consists of four divisions: BCA Vehicle Services, which provides new vehicle services; BCA Fleet Solutions, which delivers fleet management, defleet and refurbishment services; BCA Automotive, which handles multiple ...
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Scania and Toyota start Singapore truck platooning trial
VW subsidiary Scania and Toyota are to conduct the first full-scale autonomous truck platooning operations in Singapore, in what has been described as the largest pilot project of its kind.The three-year pilot, work on which begins this month, will involve three autonomous trucks following a lead manned truck on public ...
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Indian car carriers secure revised rate rises after January protest
India’s car carriers have succeeded once again in negotiating higher rates with the majority of the country’s leading vehicle manufacturers for the transport of vehicles on car transporters conforming to the new 18.75-metre maximum trailer length.Rates for the movement of vehicles on such transporters have increased by 22-23%, a substantial ...
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Self-driving vehicles will do more than just reinvent road transport
Autonomous vehicles will do much for road safety but their benefits will extend far beyond this, with particular gains for businesses managing fleets of mobile service engineers...Self-driving vehicles are becoming increasingly popular, with some 10m projected to be hitting the road by 2020, according to BI Intelligence. The most compelling ...
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Latin America: The good, the bad & the uncertainty
Governments, carmakers, processors and carriers will all have their roles to play in establishing greater economic and logistical integration across Latin America, as Automotive Logistics finds out. In this story... Trade deal ups and downs Mexico sets gold standard Exports save Brazil Recovery in Argentina Return to peace in Colombia ...
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MetroGistics buys AmeriFleet to expand fleet services
US-based automotive 3PL MetroGistics has announced its first acquisition since being bought by private equity group, Tailwind Capital, in October.The company has acquired Georgia-based AmeriFleet, which says it is the biggest fleet logistics services partner in North America, for an undisclosed sum.The merged operations of AmeriFleet and MetroGistics will create ...
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UPS acquires UK-based road transport broker Freightex
Global freight forwarding and logistics giant UPS has acquired UK-based Freightex for an undisclosed sum. The acquisition gives UPS a presence in the UK and European third-party logistics (3PL) road transport brokerage market.Freightex provides brokerage for truckload, less-than-truckload, specialised and refrigerated road transport services.In August 2015, UPS acquired North American ...