Supply chain managment – Page 71
-
FeatureCMA CGM to take 25% stake in Ceva Logistics
International container shipping company CMA CGM has agreed to acquire a 25% share of third-party logistics provider Ceva Logistics, estimated to be worth up to 450m Swiss francs ($458m), in convertible bonds.The deal remains subject to regulatory approval, at which point the bonds can be converted into shares. The deal ...
-
FeatureGefco reports gains in automotive beyond core PSA contracts
Gefco has reported annual revenue gains of 5.1% in its full-year results for 2017, earning €4.4 billion ($5.4 billion). Sales were supported by a 8.1% growth in global automotive accounts outside of its traditional activity for former parent company Groupe PSA (which now includes GM's Opel/Vauxhall divisions). The company noted ...
-
FeatureJaguar Land Rover to cut production jobs in UK
Jaguar Land Rover (JLR) has confirmed that it will shed 1,000 agency staff jobs at its Solihull plant in the UK Midlands over the next two years because of “continuing headwinds impacting the car industry”. The carmaker, which is the UK's biggest producer, confirmed that in March sales were down ...
-
FeatureNavigating uncharted waters
At 04.00 on June 26 last year, Jim Hagemann Snabe, chairman of AP Moller-Maersk, was woken by a phone call from his office. That’s when he learned that the global shipping giant had fallen victim to a cyber-attack. Over the next few hours, the true severity of the incident became ...
-
FeatureVW Truck & Bus partners with Hino Motors
Germany’s Volkswagen Truck & Bus and Hino Motors of Japan, the Toyota division that makes trucks, buses and light commercial vehicles, have signed an agreement to cooperate in a range of fields including procurement, technology, logistics and transport. Hino Motors' president and CEO, Yoshio Shimo (left) and Andreas Renschler, CEO ...
-
FeatureChina to slash car import tariffs and aid foreign JVs
China’s president Xi Jinping has said the country will greatly reduce its current 25% duty on foreign-made cars as part of wider efforts to increase imports and reduce its trade surplus with other countries.“This year we will significantly lower import tariffs for vehicles and reduce import tariffs for some other ...
-
FeatureMercedes-Benz: Taking an end-to-end approach
It may have taken Mercedes-Benz around 120 years to reach 1m cars per year, breaching the mark around the turn of the 21stcentury. However, the recent surge in growth of the brand has seen it rise by around 1m units in sales and production in just five years, with passenger ...
-
FeatureFinalists for Automotive Logistics Awards – Europe 2018 revealed
The shortlist of finalists for the inaugural Automotive Logistics Awards – Europe has been revealed, with 73 entries competing in 14 different categories. The shortlist forms a cross-section of the industry’s leading carmakers, suppliers and logistics providers (see the full list of finalists here).The finalists were chosen from a large ...
-
FeatureVW cancels contracts with Prevent Group after supply problems
Volkswagen has cancelled the majority of its contracts with parts and material supplier Prevent Group following a series of supply problems affecting production in Brazil between 2015 and 2016. The carmaker said the problems had cost it a total of €250m ($307m).Since the 1990s, Prevent Group, based in Bosnia, has ...
-
FeatureGM calls for dialogue as US-China trade war looms
General Motors has called on the US and China to pursue long-term, lasting trade policies in the face of threats by each country to impose a total of $50 billion in import tariffs on each other’s goods. China has said it would impose a 25% tariff on 106 US products, ...
-
FeatureVolvo Cars: Outbound evolutions
The vehicle yard at Torslanda, at Volvo Cars’ global headquarters in Gothenburg, Sweden, is just one part of the OEM’s growing global logistics operations, but it is a good place to glimpse some important changes and innovations. For example, the global shape of the Geely-owned carmaker’s expanding production footprint ...
-
FeaturePenske Logistics puts the focus on driver behaviour
Third-party logistics provider Penske Logistics has announced the introduction of onboard cameras to improve safety across its North American fleet of more than 2,800 heavy-duty trucks. The event-triggered cameras will capture footage both inside the cab and out through the front windscreen, and are being introduced along with a new ...
-
FeatureSiemens to boost 3D printing in UK
German technology and engineering giant Siemens plans to more than treble 3D printing hardware at its British operation, Materials Solutions in Worcester, opening up the possibility of serial production of printed parts.The company is investing £27m ($38.3m) in a new building, due to open in September, that will let Materials ...
-
FeatureFord partners with fashion chain Next on UK car sales
Ford’s UK operation has signed a partnership with fashion retailer Next to increase the range of sales outlets for its vehicles.The carmaker will open a five-car showroom at a refurbished Next store in the Arndale shopping centre in Manchester. Test drives will be available and new cars can be handed ...
-
FeaturePSA to move engine production closer to assembly plants
French carmaker PSA Group is to reorganise operations across Europe to boost regional competitiveness by improving the performance of its powertrain plants. Some production will be transferred from Asia in line with company plans to make components as close as possible to its car plants, thus cutting supply times and ...
-
FeatureGM starts producing self-driving Cruise in Michigan
General Motors is beginning to manufacture production versions of its Cruise autonomous vehicle (AV) after building more than 200 test vehicles in the past 15 months to develop self-driving technology.The bulk of the assembly will take place in GM’s Orion Township factory in Michigan, which also makes the Chevrolet Bolt ...
-
FeatureRenault-Nissan appoints new manufacturing, production and SCM team
The Renault-Nissan Alliance has announced five deputy and senior vice-president appointments to support its Manufacturing, Production Engineering and Supply Chain Management division from April 1st.The division handles global industrial strategy across the group’s brands, including sourcing, production process engineering, production control and supply chain management, and has been headed by ...
-
FeatureVW reveals details of new packaging centre
Further details have been revealed this week about Volkswagen Group's plans for a packaging centre at Jade-Weser-Port in Wilhelmshaven, Germany, which is due to open in 2019.The centre will package up to 7,000 different part lines for Audi, Volkswagen and VW Commercial Vehicles and more than 12,000 containers a year ...
-
FeatureSeko announces major expansion in Mexico
Automotive logistics services provider Seko Logistics is enlarging its presence in Mexico by setting up operations in six locations alongside its new distribution centre in the country.As a first phase of expansion, the company is establishing offices in Mexico City, Monterrey city, Toluca city and Queretaro state, as well as ...
-
FeatureTrump’s tariffs draw further fire
Further criticism has been voiced over President Donald Trump’s plans to impose import tariffs of 25% on steel and 10% on aluminium from other countries, except Nafta partners Canada and Mexico.Following widespread condemnation of the plans last week – which saw concerns raised by groups such as the Motor & ...