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NewsPorsche forecast dented by aluminium supply shortage
Porsche’s supply chain has been hit by a shortage of aluminium alloy supply as the result of flooding at an unnamed European supplier
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NewsCotra Autotransport chooses Inform software for vehicle logistics
Swiss vehicle hauler Cotra Autotransport is adopting Inform’s SyncroTess logistics and yard management technology for operations at its vehicle logistics centre in Studen
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NewsCeva expands in Vietnam with eye on automotive growth
Ceva Logistics has opened a new base in Ho Chi Minh City, southern Vietnam, doubling the size of its operation in the country. The facility is close to the two cargo terminals of the country’s busiest airport, Tan Son Nhat International, and a short drive from Cat ...
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NewsMercedes-Benz truck trial reveals positive results
A battery electric Mercedes-Benz eActros run by logistics provider Logistik Schmitt has become an established part of the German truck manufacturer’s supply chain
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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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FeatureAudi trials used car batteries in factory vehicles
Audi is trialling fork-lift trucks and tow tractors powered by used lithium-ion batteries at its main plant in Ingolstadt, Germany.The development is the latest stage in the company's research to find second uses for used batteries. Like all OEMs, Audi is obliged by law to take back batteries once their ...
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FeatureBoard directors reshuffled at Kuehne + Nagel
Swiss logistics provider Kuehne + Nagel International has announced that directors Hans Lerch and Juergen Fitschen are to step down in May, after 14 and 11 years on the board respectively. A new face, David Kamenetzky, will be proposed for election to the board at the firm’s annual general meeting ...
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FeatureVolvo starts shipments to Europe from Ridgeville
Volvo has started shipping S60 sedans to Europe from the US, six months after beginning production at its $1.1 billion assembly plant in Ridgeville, near Charleston, South Carolina.“Export markets are critical to the long-term success of our plant and we’re on track to deliver vehicles to our customers worldwide,” said ...
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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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FeatureHanging in the balance
Lower production output, slower growth in export markets and several regulatory and operational issues are threatening to unbalance Poland’s finished vehicle market
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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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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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FeatureKuehne + Nagel launches sea freight platforms
Logistics services provider Kuehne + Nagel (KN) has launched two new platforms this month that is said would let its customers manage their global ocean-bound supply chains more effectively.The KN ESP supply chain management system lets customers connect with their own vendors, buyers and sellers, and cargo flows, as well ...
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FeatureKuehne + Nagel joins Temasek to invest in technology start-ups
Global logistics services provider Kuehne + Nagel (KN) has signed an agreement with Singapore’s state-owned investment company, Temasek, to establish a joint venture to invest worldwide in start-ups developing cutting-edge technology for logistics and supply chains.The partnership “will be able to accelerate the transformation of the logistics industry,” said Joerg ...
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FeatureAndy Weber to leave Panalpina by the end of the year
Andy Weber (pictured) is giving up his role as chief operating officer at Panalpina and will leave the Swiss-based logistics provider by the end of the year for personal reasons.The company said it would not be looking for a replacement and that his duties would be taken up by Panalpina’s ...