FILE PHOTO: The Mercedes star logo of an E Coupe is pictured before the annual news conference of Daimler AG in Stuttgart, Germany, February 2, 2017. REUTERS/Michaela Rehle/File Photo HAMBURG/BERLIN (Reuters) - European Union and German antitrust officials searched the offices of Daimler and Volkswagen on Monday, widening an inquiry into alleged collusion. The
Author: Jack Smith
Singapore to Stop Adding Cars to City From February 2018
Bloomberg - Singapore one of the world’s most expensive places to own a vehicle, will stop increasing the total number of cars on its roads next year. Singapore Transport regulator had announced on Monday that the government will cut the annual growth rate for cars and motorcycles to zero from 0.24percent effect from February. “In
BMW Headquarters Searched By EU Investigators
EU officials inspected the Munich offices this week BMW has confirmed its head office was searched this week by European Union officials investigating an alleged cartel among five German carmakers. EU investigators are looking into allegations that BMW, Daimler, VW, Audi and Porsche colluded to limit their spending on emissions technology. BMW
Toyota to halt operations at all Japan plants as typhoon precaution
Shoppers walk under umbrellas as Typhoon Lan approaches Japan's mainland, in Osaka, western Japan TOKYO (Reuters) - Toyota Motor Corp will suspend operations at all of its assembly plants in Japan, including those of its subsidiaries, from Monday morning as a precautionary measure as a powerful typhoon approaches Japan’s mainland, a spokesman
Forwarders Look To Secure Airfreight Capacity For Busy Peak
Freight forwarders are bracing for a busy peak period by securing air cargo capacity under block space (BSA) and ACMI agreements. Speaking shortly after announcing third-quarter results, Panalpina said it expected capacity to be an issue while slot constraints at airports, a veiled reference to the issues at Schiphol, would also create
Rail Freight is Losing Market Share
A Burlington Northern Santa Fe (BNSF) Railway Co. grain train sits docked at a transloading facility at the Port of Galveston in Galveston, Texas, U.S Texas U.S - State of Logistics report for the year 2017 shows that in the US the faster and more reliable modes have grown year-over-year. These faster
UK’s Eye-Watering’ Price Hike For Collecting Passengers At Airports
- The Airport Operators Association said parking fees helped lower Air Fares London, UK - Parking charges for those picking up and dropping off passengers at some of the UK's busiest airports have been hiked up to "eye-watering" levels, a study has found. Eight of the top 20 airports have increased tariffs
E-commerce Disruption Of Air Cargo Only In Its Opening Act, Unisys says
Unisys Corporation (Blue Bell, Pennsylvania -US) - According to Unisys an IT Logistics Company, we are only seeing the opening act of the e-commerce effect. A report released by the company this week claims that the global air cargo industry will transform by 2020 through “even smarter” warehouses, as companies across
Singapore Airlines To Finalize $13.8 Billion Boeing Order Next Week
Honeymoon’s Over? GM Cruise Said To Turn To Uber As Lyft Alliance Cools
Alliances and tie-ups in the autonomous vehicle space are evolving as fast as the technology itself. In the latest twist, General Motors’ relationship with Lyft is said to have chilled to the point that it’s making overtures rival to ride-hailing service Uber. The biggest U.S. automaker is discussing a plan to