All CEVA Logistics articles – Page 3
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News
CEVA Logistics expands in Bangladesh
CEVA Bangladesh management teamAs part of its strategic expansion in the emerging Southeast Asian markets, CEVA Logistics has opened its own offices in Dhaka and Chittagong.The logistics firm has been operational in textiles hotspot Bangladesh for 17 years through a network partner, providing logistics services to a number of multinational ...
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CEVA Logistics re-organises senior management team
CEVA Logistics has re-organised its senior management team nine months after its takeover by shipping line CMA CGM.The company said that chief executive Nicolas Sartini, who took the role in June last year, will be replaced by Mathieu Friedberg who was previously senior vice president commercial and agencies network at ...
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CEVA Logistics turnaround strategy proceeding to plan
French container line giant CMA CGM reported a “sustained implementation of the CEVA Logistics’ turnaround plan” for the freight forwarding group that it acquired for an estimated $1.6bn earlier this year.Announcing a “solid operating performance” for the group as a whole in 2019, Marseille-based CMA CGM confirmed that, in line ...
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French PM opens new CEVA global headquarters
From left to right: Rodolphe Saadé; Elisabeth Borne, minister of ecological and solidary transition; Edouard Philippe; and Renaud MuselierLate last week (on November 14), the prime minister of France, Edouard Philippe, and the president of the French 'Sud' region , Renaud Muselier, joined with CEVA’s chief executive, Nicolas Sartini, and ...
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CEVA launches medical equipment installation arm in India
CEVA Logistics has launched a specialist installation service for large-scale medical equipment in India.In an expansion of its global healthcare capabilities, CEVA is using its own dedicated team of engineers and technicians for the new service.CEVA’s expert team will be responsible for unpacking, installing and setting up equipment such as ...
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CEVA appoints head of healthcare business development
CEVA Logistics has appointed Niels van Namen to the position of global head of healthcare business development.He has more than 20 years’ of experience in healthcare and over a decade in the healthcare logistics industry, including positions as business development director healthcare for DSV and vice president of healthcare Europe ...
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CEVA Logistics renews contract with Borr Drilling
CEVA Logistics has renewed its contract with Borr Drilling. The new contract is valid until the end of August 2020.CEVA offers freight management and contract logistics services for both air and ocean shipments. Its energy industry competencies include oil and gas, mining, EPC (Engineering, Procurement and Construction), and renewal energy.CEVA ...
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CEVA steps into South Korean e-commerce market
CEVA Logistics has begun offering its first express e-commerce services in South Korea.CEVA will provide air export services on behalf of iHerb, moving goods from the US-based natural health product company’s recently opened logistics and distribution centre near Incheon International Airport to Japan and Singapore.“This is a milestone for CEVA ...
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CEVA appoints Aymeric Chandavoine as chief operating officer freight management
CEVA Logistics has confirmed that Aymeric Chandavoine has become its chief operating officer freight management with immediate effect.A member of the CEVA Executive Board, he reports to Nicolas Sartini, CEVA’s chief executive.Chandavoine will be based at the new CEVA Logistics operations centre in Marseille, France.He replaced Jérôme Lorrain, who was ...
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CEVA airfreight volumes fall in Q1, management changes after CMA CGM takeover
CEVA Logistics saw a decline in airfreight volumes during the first quarter of 2019 and the parent group has announced a series of top management changes in line with the takeover by French shipping giant CMA CGM.Air cargo volumes in the first quarter fell 6.9% year-on-year to 100,000 tonnes, mainly ...
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CEVA to be de-listed as CMA CGM is set to gain a 98% shareholding
The end of CEVA's short time on the Zurich Stock Exchange looks to have been confirmed after CMA CGM said it was now on course to hold a 97.89% stake in the forwarder.Following the announcement, the French shipping giant reconfirmed plans to de-list CEVA from the SIX Swiss Exchange. Settlement ...
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CEVA's China-Europe trucking service expanded to Spain
CEVA Logistics has expanded its China-Europe trucking service, which the forwarder has pitched as a competitor to air, with a new route to Spain.Just 16 days after setting off, the 70 cu m load of 7,000 kg of garments destined for a leading worldwide retailer in Spain successfully completed the ...
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CMA CGM nears 90% of voting rights in CEVA Logistics
CEVA Logistics is likely to de-list from the SIX Swiss Exchange later this year after confirming media reports that French shipping group CMA CGM is on course to control almost 90% of the voting rights in the supply chain company.Switzerland-based CEVA said that a SFr30 per share public tender offer ...
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CMA CGM set for Ceva stake of almost 90%
According to a report by Reuters, CMA CGM now controls almost 90% of the voting rights in Ceva Logistics.This follows a public tender offer from French shipping group of SFr30 per share. Reuters said this offer values Ceva at SFr1.67bn ($1.66bn) – a price that has been agreed after a ...
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CEVA credits high-speed fulfilment centres for business wins
CEVA Logistics believes its investment in high-speed e-commerce fulfilment centres and specific e-commerce transport solutions is helping it win new business around the world.“Our strong IT integration capabilities dovetail logistics with the online world in a way which really works for the customer," said Laurent Binetti, CEVA's chief commercial officer."Speed ...
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Losses deepen at CEVA as one-time items hit profitability
CEVA Logistics reported another loss in 2018 as “various one-time items” took their toll on company financial performance.The forwarder, which last year had box line CMA CGM become a strategic partner following an IPO, saw revenues for the year increase by 5.2% year on year to $7.4bn, earnings before interest, ...
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CMA CGM ups share stake in CEVA Logistics to 33% after rejected DSV bid
Container shipping line CMA CGM has raised its stake in CEVA Logistics from 24.99% to 33% of company shares following the failed takeover approach for CEVA by Danish logistics giant DSV.CMA CGM, the world's third largest container shipping group, has also announced an “additional economic exposure of 4.56%” in CEVA ...
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