Renault to Use NEOLINE Sailboats
French automaker Groupe Renault partners with NEOLINE, designer and operator of cargo sailing ships, to experience a new maritime transport solution and reduce the carbon footprint of the Group’s supply chain.Groupe Renault announced the signing of a 3-year partnership with Nantes start-up NEOLINE to develop a more sustainable maritime transport service powered by wind, and to contribute to the environmental management of its logistics chain while nearly 60% of the Group's parts and vehicles are transported by sea.Jean-Philippe Hermine…
EU Should Brace for U.S. Standoff over China, ex-WTO Chief warns
The European Union should prepare for its companies to be targeted by American sanctions in a worsening trade dispute between the United States and China, former World Trade Organisation (WTO) director general Pascal Lamy said on Tuesday.As they weigh up a response to renewed U.S. sanctions against Iran, which have forced an exodus of European companies, EU governments should consider the prospect of similar extraterritorial measures penalising China trade, Lamy told an international investment conference in Paris."If the U.S.
Redzic Joins Caterpillar as Digital Enabled Solutions VP
The board of directors of Caterpillar Inc. has appointed Ogi Redzic as a vice president to lead the company’s Digital Enabled Solutions Division (DESD), effective July 30, 2018. He will be based in Caterpillar's Chicago office and report to Group President of Customer & Dealer Support Bob De Lange.DESD is comprised of the company's data analytics group, the enterprise data hub, equipment management tools, Cat Connect technologies and customer experience portals.Redzic takes over for Caterpillar Vice President Julie Lagacy, who has led DESD on an interim basis.
More Cars Shipped Via The Port Of Gothenburg
During the first quarter of the year, new car exports and imports passing through the Port of Gothenburg rose by 12 per cent compared with the first quarter of 2016. The Port of Gothenburg became the number one vehicle handling port in Scandinavia, due largely to the rise in imports. The number of cars exported and imported through the Port of Gothenburg has grown steadily since 2012 and the trend appears to be holding. According to new figures released by the Swedish government agency Transport Analysis and the industry and employers’ organisation Ports of Sweden…
FTC Fines Global Car Shipping Firms USD 37.8mln
South Korea's antitrust watchdog Fair Trade Commission (FTC) has imposed a combined 43 billion won (US$37.8 million) in fines on nine global auto shipping companies for bid rigging and price fixing, reported Yonhap. According to the FTC, the nine car shipping companies colluded between August 2002 and September 2012 in global biddings offered by car manufacturers that they should “respect” existing contracts of one another so as not to compete. The nine car shipping companies are Japan’s Nippon Yusen Kabushiki Kaisha, Mitsui O.S.K.
SCH to Handle Renault Vehicles in Southampton
Roll-on/roll-off cargo handlers Southampton Cargo Handling (SCH) said it has secured the stevedoring contract to handle all Renault vehicles being shipped through the Port of Southampton. The move follows the success of Euro Marine Logistics (EML), a joint venture project between Mitsui OSK Lines and Hoegh Autoliners, in winning the shipping contract for some 60,000 Renault vehicles a year that pass through Southampton. EML is making calls every four days in the port after loading vehicles in France and Spain.