All Trucking articles – Page 8
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ArticleFedEx will acquire TNT Express
Two years after UPS was forced to abandon its attempted takeover of TNT Express on grounds of limiting competition in the European market, rival logistics giant FedEx has made its own all-cash bid for the company.Should the deal go through, the combined companies would be a particularly strong player on ...
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ArticleAdampol helps with spot shipments of Fiat 500 to UK
Polish vehicle carrier Adampol has stepped in to help Grimaldi with the delivery of Fiat 500 volumes moving between Fiat Chrysler Automobile’s (FCA’s) plant in Tychy and dealers in the UK. The additional service was needed because of a peak in production at the Tychy plant according to Grimaldi.Additional capacity ...
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ArticleAnalysis: European discord for logistics
Although Europe is considered to be a single market, differing laws and regulations surrounding wages, truck dimensions and weights are making it increasingly difficult for finished vehicle logistics providers. In the face of growing divisions between transport regulations in various European countries, finished vehicle logistics executives and European officials have ...
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ArticlePenske Logistics to acquire Transfreight
Penske Logistics has announced that it has finalised an agreement to acquire Transfreight North America, a third-party logistics and supply chain solutions provider, from trading and investment giant, Mitsui & Co.This follows the news last week that Mitsui has acquired a 20% limited partnership interest in Penske Truck Leasing from ...
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ArticleMetrogistics completes merger with McNutt Automotive Logistics
Following last year’s announcement that finished vehicle carrier Metrogistics would be merging with rival carrier McNutt Automotive Logistics, the companies have now completed the merger.The merged company will offer a full range of logistics and asset-based transport services to all customer segments including new carmakers, the used car market, new ...
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ArticlePushing Europe's boundaries
Many barriers prevent a truly international, borderless vehicle logistics service across European countries. However, carmakers and logistics providers are making progress toward integrated networks.Political, economic and diplomatic tensions are rising in Europe, with the escalating issues surrounding Russia and Ukraine, and looming threats of Greece crashing out of the euro-zone, ...
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ArticleMitsui invests in Penske Truck Leasing
Japanese trading and investment giant Mitsui & Co has announced it is investing in Penske Truck Leasing (PTL), a primarily US-based truck leasing, truck rental and logistics business.Mitsui has acquired a 20% limited partnership interest in PTL from General Electric Capital Corporation (GECC). The deal is worth approximately $750m. PTL ...
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ArticleLogistics providers recognised in GM supplier awards
General Motors recently announced the winners of its 23rd supplier awards for services provided in 2014 and there were a number of logistics providers amongst the 78 companies receiving recognition “for going above and beyond GM’s requirements”.“These companies are the best-of-the-best suppliers, and deserving of special recognition for their outstanding ...
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ArticleHyundai Glovis completes Adampol purchase
Hyundai Glovis has completed its purchase of a 70% controlling stake in Polish finished vehicle carrier Adampol. As reported last November, the Korean logistics provider signed an agreement to take over Adampol, giving the company direct access to European trucking and logistics assets for the first time. That agreement was ...
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ArticleCertainty in sight for Indian carrier lengths?
Most of the Indian passenger vehicle and two-wheeler carrier fleet is technically illegal, thanks to out-dated regulations, conflicting state laws, and a growing gap between industry practice and the law. However, the government may be close to deciding a new standard. The Indian trucking sector, including carriers for passenger ...
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ArticleHauling a heavy heart
It has not been an easy couple of years for India’s trailer fabricators, with poor volume and stiff competition. Even as the country seems to be moving towards a standard length, the industry is in need of more focus on quality, as well as efficient and safe designs.The news that ...
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ArticleJCB renews aftermarket contract with Norbert Dentressangle
Construction equipment maker JCB has extended its aftermarket contract in the UK with logistics provider Norbert Dentressangle (ND) for another three years. The multi-million pound contract involves delivery to a network for more than 100 dealers across the country.Operating five nights a week, ND makes evening collections of stock ...
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ArticleMexico conference: Supply base set to grow and deepen
The automotive supply base in Mexico looks set to enjoy further growth and localisation as carmakers and tier suppliers increase production and sourcing in the country to take advantage of favourable labour costs, falling energy prices, as well as lower logistics and distribution costs for key markets in North America, ...
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ArticleConnecting the many Mexicos – conference report
The first Automotive Logistics Mexico conference saw more than 350 delegates discussing how best to manage the country’s vehicle production and export growth. Officials from the economy and transport ministries, the US ambassador, and senior executives pointed to economic and supply chain strengths, as well as weaknesses in infrastructure and ...
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ArticleMexico reports record output and exports during 2014
The Mexican Auto Industry Association (AMIA) has reported a jump in exports for the month of December 2014 of 21%, based on the same month in 2013. This is up by almost 34,000 units to more than 195,000 vehicles exported.Over the year, exports increased to 2.64m vehicles, an increase of ...
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ArticleRenault rail delivery between Spain and France a ‘one-off’
Following last week’s news that Renault-Nissan had moved vehicles from its Valladolid plant in Spain to France as part of a test shipment, the carmaker has qualified the movement as a one-off, year-end spot shipment and not part of a trial toward establishing a regular weekly rail service between the ...
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ArticleDoT’s Foxx warns of worsening infrastructure in US
At a forum held at the Massachusetts Institute of Technology (MIT) on Monday this week, US secretary of transport, Anthony Foxx, warned that the US infrastructure deficit was growing and would worsen without further investment and long-term planning for new technology.“Whatever the infrastructure deficit is on paper, it’s probably a ...
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ArticleCollins Amendment makes it through Congress
The American Trucking Association (ATA) has welcomed the suspension of a provision in the US trucking industry’s hours-of-service (HoS) rule following its attachment to a $1.1 trillion spending bill that was passed by the US Congress last week.The suspension, also known as the Collins Amendment after the Maine Republican senator ...
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ArticleIndian government to overhaul road safety bill and integrate multimodal planning
The Indian government has approved a draft bill that would overhaul much of its road safety legislation, while creating a central authority that would be responsible for planning multimodal logistics and improving road planning.Should the bill become law, as is likely, India could see more coordinated planning for its road ...
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ArticleRenault Trucks distributes latest range in Africa and Middle East
Renault Trucks is extending the distribution of its latest trucks to Africa and the Middle East, including the C, D and K ranges, as it seeks to increase market share in the regions. The vehicles, which are being built at the truckmaker’s plants in Bourg en Bresse and Blainville in ...