All Ceva Logistics articles – Page 3
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FeatureDSV reaches agreement to integrate Panalpina
Danish logistics provider DSV has reached an agreement with rival Swiss firm Panalpina to merge operations following a takeover bid by the former worth $4.6 billion. If the offer meets regulatory approval in June, the combined company will take on the name DSV Panalpina and by the fourth quarter of ...
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FeatureCMA CGM to acquire Ceva Logistics
French shipping line CMA CGM is to take over Ceva Logistics after more than a third of the Swiss 3PL’s shareholders accepted CMA CGM’s friendly public offer.Almost 21.5m Ceva shares were tendered at 30 Swiss francs each, giving a transaction value of around $641m. Upon settlement of the offer, CMA ...
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FeatureSchmidt takes on LCL role at Ceva Logistics
Claus Schmidt (pictured) has been appointed head of less-than-container-load (LCL) product at Ceva Logistics from March 1.The Swiss company has identified the LCL segment as a key area for development within its ocean freight operation and said Schmidt’s extensive experience in the logistics industry made him ideally qualified for the ...
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FeatureEC approves CMA CGM takeover of Ceva
The European Commission (EC) has approved a plan for French shipping company CMA CGM to acquire logistics provider Ceva of Switzerland.Under an agreement between the two companies, Ceva will take over the freight management business of CMA CGM, its major shareholder, for $105m (€92.9m), with closure expected in the second ...
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FeatureHolger Wilhelm moves to Imperial Logistics
Holger Wilhelm has taken up a newly created role at Imperial Logistics as executive vice-president of automotive. Wilhelm moves from Ceva Logistics where he was vice-president of business development automotive in North America.He will now be based in Zurich, Switzerland and responsible for developing Imperial’s automotive presence in existing and ...
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FeatureDSV makes an offer for Panalpina
DSV has confirmed it has made an indicative and private proposal to acquire fellow international transport and logistics provider, Panalpina. The Danish logistics giant is bidding just over $4 billion for Panalpina.The move was confirmed by the Danish company after Swiss-based Panalpina revealed its directors had received an unsolicited proposal ...
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FeatureGianclaudio Neri new MD of Ceva in Italy
Gianclaudio Neri has been appointed managing director of Ceva Logistics business in Italy, succeeding Christophe Poitrineau, who is leaving the logistics provider to pursue other career opportunities.According to Ceva, Neri brings more than 30 years' experience in senior roles across businesses in Italy to his new role, with a particular ...
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FeatureCeva trials truck route from China to Europe
Ceva Logistics has sent what it says is the first-ever TIR truck from Khorgos, in the far west of China, to Europe via Kazakhstan.“The trial proves that the TIR carnet issued in China is accepted in the transit countries en route to Europe,” said Torben Bengtsson, executive vice-president of Ceva ...
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FeatureCeva strengthens partnership with CMA CGM
Logistics provider Ceva is to take over the freight management business of its major shareholder and strategic partner, the CMA CGM shipping line.The agreement, part of a wider shake up in the relationship between the companies, comes days after Ceva rejected a takeover bid from Danish rival DSV, which has ...
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FeatureEnergising the synergising
Renault and Nissan began their wide-ranging alliance and set up cross-shareholdings in each other back in 1999, and since then Daimler, Avtovaz and most recently Mitsubishi have also become part of this evolving structure. Numerous shared vehicle platforms, manufacturing and logistics operations and back-office functions have been developed. Furthermore, impressive ...
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FeatureCeva rejects DSV bid and lifts CMA CGM share limit
Ceva Logistics has rejected a takeover bid from Danish rival DSV and lifted a shareholding limit applying to CMA CGM, allowing the French-owned global container logistics giant to potentially increase its share capital in the company.DSV made an offer to buy Ceva for CHF27.75 ($28) per share earlier this month ...
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FeatureSauzedde takes over as MD of Ceva’s CEE cluster
Guillaume Sauzedde (pictured) has taken over from Piotr Zborowski as MD of Ceva Logistics’ business in Central and Eastern Europe (CEE). He moves from his role as MD for Kuehne + Nagel’s division in Poland, and will take up the new position on November 5.Sauzedde brings more than 20 years’ ...
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FeatureMexico hopes for a smoother road ahead
After much uncertainty around trade talks between Mexico and the US and the former’s presidential election, Mexico’s economic and political conditions now seem clearer, leaving OEMs and LSPs in the country more optimistic about the future.Mexico, which is the world’s fourth biggest vehicle exporter, has enjoyed strong levels of exports ...
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FeatureCeva appoints Terry Carter as senior VP
Ceva Logistics has appointed Terry Carter to the newly created position of senior vice president of transportation for contract logistics. He will report to Brett Blissell, chief operating officer contract logistics and is tasked with coordinating transport for Ceva's business worldwide, including its third party contractors.Carter brings more than 25 ...
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FeatureAlliance opens distribution centre in Melbourne
The Renault-Nissan-Mitsubishi Alliance has opened a warehouse in Melbourne, Australia for the distribution of aftermarket parts.The company said the 37,000 sq. m Alliance National Distribution Centre was designed to maximise productivity and accuracy, allowing manufacturers to enhance services to their national dealership networks across the country. The centre will also ...
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FeatureYusen Logistics UK appoints Fitt as MD
Andy Fitt (pictured) has taken over as managing director of Yusen Logistics UK, replacing Kevin Appleton who has moved to the role of chairman at the company.Fitt, previously deputy MD at Yusen, has been at the logistics services provider for three years, after moving from Norbert Dentressangle UK in 2015. ...
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FeaturePrologis buys DCT Industrial
Prologis is buying rival US-based logistics real estate developer DCT Industrial for $8.4 billion.The acquisition gives Prologis more than 65 hectares of additional industrial project space and almost 80 hectares of land in pre-development, predominantly in Seattle, Atlanta, South Florida and Southern California.“For some time, we have considered DCT’s realigned ...
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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 ...
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FeatureEddie Aston takes over as MD of UKIN at Ceva
Eddie Aston (pictured) has been appointed managing director for the UK, Ireland and Nordic (UKIN) region at Ceva Logistics. He joins the supply chain management company from commercial van hire and leasing organisation Northgate, where he was UK managing director.He will be based at Ashby-de-la-Zouch and replaces Michael O’Donoghue, who ...