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All South America articles – Page 28
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ArticleGood riddance to Q2 says Ceva
Ceva Logistics is glad to see the back of a second quarter that its chief financial officer, Rubin McDougal (pictured), said was disappointing in terms of projected volume growth in the air freight division and a poor performance in the contract logistics sector, in large part because of losses ...
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ArticleGlobal round up
DHL opens parts centre in BrazilDHL Global Forwarding has opened an automotive parts handling centre in São Paulo, Brazil that will process around 2,000 shipments per month for carmakers, commercial vehicle makers and their tier suppliers in the local market.According to the company, the Automotive Competence Center will provide ...
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ArticleHoegh steps out of car transport to China
Ocean forwarder Höegh Autoliners has withdrawn from offering passenger vehicle transport services between Europe and China stating that rates to the country “are just not good enough to cover the investment to go there”.A spokesperson for the company told Automotive Logistics News: “With vessels that already sail full in ...
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ArticleFirst UK used car export facility for NZ opens
Logistics providers Autohub and Pentalver have joined with international inspection company JEVIC to launch the UK’s first vehicle pre-clearance facility for used car shipments to New Zealand. The move is in response to an increase in second hand exports to the country from the UK (which both use right-hand ...
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ArticleSuppliers struggle with Indian power blackouts
India has been hit by a series of power cuts this week that have knocked out electricity grids in the north and east of the country affecting around 600m people and disrupting production at the country’s tier supplier facilities in the region, which could have an impact on vehicle ...
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ArticleCAT Logistics sale finalised to Gefco bidder
Construction machinery maker Caterpillar has completed the sale of its third party logistics arm – Caterpillar Logistics Services – to Platinum Equity in a deal worth $750m. Platinum Equity is also one of four companies reported to be bidding for Gefco, the logistics arm of PSA Peugeot Citroën. Platinum ...
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ArticleAutomotive helps NYK return to profit
Japan’s NYK Group reported improved revenue and a return to profitability for the first quarter of the fiscal year, which it attributed largely to more sustainable container shipping rates between Asia and Europe, as well as recovery in automobile shipments in the car carrier division following last year’s earthquake ...
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ArticlePantos moves GM Korea kits to Tashkent
General Motors has signed a contract with South Korean freight forwarder Pantos Logistics for the transport of semi-knockdown (SKD) kits of Chevrolet models from the Gunsan plant on the west coast of Korea to its joint venture engine and assembly facility in the Uzbek capital Tashkent. The carmaker is ...
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ArticleGefco profits slide as PSA struggles
Gefco Group, the logistics subsidiary of France’s PSA Peugeot Citroën, has seen its profits slide nearly 56% in the first half of 2012 compared to 2011 following drops in revenue in Europe and particularly across Peugeot Citroën, its parent and largest customer. Gefco has also seen its margins squeezed ...
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ArticleBrazil imports hit by customs strike and tax policy
The impact of the customs strikes taking in place in Brazil is worsening following a further week of action at the country’s main ports, with severe delays affecting cargo clearance and vessel movements. As reported at the end of June, industrial action taken by customs officials looking for wage ...
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ArticleJLR mulls CKD assembly in Brazil
Despite the continuing problems facing foreign carmakers importing parts and vehicles into Brazil detailed elsewhere this week (read more here), Jaguar Land Rover is reported to be in talks again with the Brazilian authorities over plans to assemble its Freelander SUV in the country from imported complete knockdown (CKD) ...
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ArticleArgentine tariffs hit Mexican exports
Following the decision of the Argentinian government to suspend for three years the Bilateral Economic Agreement 55, which covers the automotive sector, Mexican produced vehicles will have to pay a 35% import tariff, while taxes on parts and components will increase between 16% and 18%. Models that will ...
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ArticleGefco-GM 'mega' contract worth 900m euros pa - analysis
The Gefco Group has revealed that the contract signed at the end of June with General Motors will make it the carmaker’s fully fledged fourth party logistics provider (4PL) in Europe, including Russia and Turkey. The seven year contract, which kicks off next year and includes a ...
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ArticleExecutives on the move
Henrik Wilhelmsmeyer has been appointed director for Mainland China at Rolls-Royce Motor Cars. He replaces Jenny Zhang, who is leaving the company to pursue other interests. Wilhelmsmeyer has moved from Rolls-Royce's owner BMW where he has held a number of senior roles and spent the last six years in ...
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ArticleAnalysis: Gefco to handle GM logistics in Europe
General Motors has said it will transfer the majority of its transport logistics business in Europe and Russia to Gefco starting next year following a long-term exclusive agreement signed this week with the logistics provider's parent company, PSA Peugeot Citroën. The agreement will impact the majority of the Opel/Vauxhall, ...
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Article
EDITOR’S NOTE: Get to know your customers' long term plans
Unpredictability continues to define this economic era. For the third time in as many years, trouble in Greece has left eurozone financial markets in turmoil, while Spain is getting a bank bailout. The Chinese economy has slowed, while India and Brazil too have hit a snag. The US, with weak ...
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ArticleSailing on uncertain seas in South America
Stormy arrival;Uncertain legislation;Fiat forges ahead;Chinese imports tamed;Ford goes it alone;Expanding in the south;Argentina and red tape;CAT taps Delta Dock.The Latin American vehicle trade was strong in 2011, with its ports ranking among the largest in the western hemisphere for new car handling. But operators in Brazil and Argentina face new ...
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ArticleTied to the green principle
Regulatory realities;The real cost of regulations;Strategies for reducing emissions and cost;How to measure emissions;Future trends.Andrew Williams reports on how LSPs are attempting to reduce emissions and costs in response to environmental concerns and changing regulationsIn recent years, automotive logistics companies have come under increasing pressure to improve the environmental performance ...
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ArticleNorth American ports on a rising tide
New vehicle handling is recovering strongly in North American ports, with OEMs and operators looking to improve processing throughput, scheduling and capacity. But will increases in North American production lead to fewer imports? Additional reporting by Christopher Ludwig.Mexican ports in the lead;A shifting network;Premium VPC operations;Ford looks to software improvements;3PL ...
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ArticleTaking everything on board at Ford
Interview with Dr Hans-Bert Bong, Ford’s manager of vehicle logistics and customs, about changes in the carmaker’s European distribution network.Emissions and regulation;Capacity and Service;Advantage for the UK;OTD System;RFID.Improvements in service and efficiency within a mature distribution network, such as that used by Ford of Europe, are more likely to come ...