Jul.11--GENERAL MOTORS (GM) and PSA Peugeot Citroen have reached an agreement to transfer most of GM's logistics in Europe to Gefco in 2013, reports London's Containerisation International.

As a first step of a pan-European strategic alliance signed in February, the agreement will impact the majority of the Opel/Vauxhall, Chevrolet and Cadillac logistics activities in Europe including Russia, and includes services such as material and component deliveries to manufacturing plants, delivery of finished vehicles to dealerships and the transport of aftersales spare parts to distribution centres.

"This marks the first step in realising benefits from the larger Alliance with PSA. This logistics agreement will bring operational efficiency and costs savings to GM and allows us to fully utilise the proven expertise of Gefco," said GM vice chairman Steve Girsky.

(Source:shippingazette)