All Gefco articles – Page 5
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ArticleGefco reports a modest rise in turnover
Transport and logistics provider Gefco generated turnover of €4.2 billion ($4.75 billion) during 2015, up 3% on the previous year.The group, which expanded its customer base and made a number of acquisitions during the year, enjoyed a 9.5% rise in revenue from international industrial customers, according to its latest annual ...
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ArticleGefco opens subsidiary in Serbia
Transport and logistics provider, Gefco, has strengthened its regional position in Central Europe by setting up an operation in Serbia.The company is now providing services between the country and the European Union, Russia and Turkey, all of which have free trade agreements with Serbia. Gefco also said it is providing ...
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ArticlePavel Ilichev moves to lead finance role at Gefco
Transport and logistics provider Gefco has appointed Pavel Ilichev (pictured) as executive vice-president for strategy and finance, replacing Philippe Cossé who has retired after 15 years with the company.Ilichev moves to the role after six years as deputy head of corporate finance at Russian Railways (RZD), which owns a majority ...
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ArticleGefco supports BMW with Silk Road rail shipments
BMW is working with transport and logistics provider Gefco on trial shipments of vehicles in containers between Europe and China.Gefco has recently completed a second trail shipment involving 40 BMW 1-series cars that were transported between Regensburg in Germany and Chengdu in China. It followed a pilot trial carried out ...
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ArticleGefco hits 100% parts inventory accuracy with FCA in China
Transport and logistics provider Gefco is managing the transport, warehousing and distribution of Fiat Chrysler Automobile's imported spare parts at its logistics distribution centre in Langfang, Heibei province, which opened in July last year.The 11,500 sq.m facility now stocks a full range of Mopar spare parts and is feeding 105 ...
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ArticleGefco leases vehicle transporters from Fraikin in the UK
Gefco UK has signed a six-year contract with commercial vehicle fleet services provider Fraikin for the supply and maintenance of 10 new car and van transporters. It builds on the contracts Fraikin has with Gefco for the provision of fleet services in France, Poland and Switzerland.Fraikin reports being the largest ...
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Gefco provides GefBox packaging service for Caterpillar
Transport and logistics provider Gefco has extended its contract with construction equipment maker Caterpillar in the UK to include the provision of a reusable packaging programme that will use its GefBoxSystem.Gefco has been supplying a European road transport solution between the Caterpillar suppliers and its plants for a number of ...
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ArticleGefco completes first successful BMW Germany-China shipment
The first successful trial shipment by Gefco of BMWs from Germany to China via rail was successfully completed last month.On November 16th, a train loaded with 40 BMW Model Series 1 vehicles arrived in Chongqing.The vehicles were picked up by Gefco from BMW’s factory in Regensburg, Germany, loaded on to ...
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Honda Motor Europe Logistics renews Gefco UK partnership
Gefco UK has announced that it will continue to provide a range of services to Honda Motor Europe Logistics and has signed a new three-year contract with the company.Under the latest agreement, Gefco UK will manage inbound parts supply, weekly groupage, less-than-truckload (LTL) and full truckload delivery services, as well ...
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Gefco appoints Martin Rantle as commercial director
Gefco has appointed Martin Rantle as its new commercial director in the UK.Rantle moves from Palletline where he was executive director of sales and marketing for UK and Europe. Prior to that role, he spent 30 years at TNT, most recently as vice president of sales and marketing for EMEA, ...
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ArticleGefco buys IJS Global in pursuit of external growth
Transport and logistics provider Gefco, which is majority-owned by Russian Railways, has signed an agreement with private equity firm Nimbus to take over IJS Global, a provider of services in the high and heavy, pharmaceutical and energy sectors (amongst others).According to the company the move is designed to grow its ...
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ArticleGefco reports positive results for Algeria business
Gefco has reported that its subsidiary in Algeria, which was established last year, made a turnover of €5m ($5.8m) in 2014. Algeria is Africa’s second largest automotive market.Gefco Algeria has established two vehicle distribution centres in the country, at Mostaganem and Boufarik. The 5-hectare Boufarik facility, which is near the ...
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ArticleSpeed and complexity is the name of the game for Gefco UK
Economic growth in the UK and the success of the automotive sector over the last few years has brought some welcome challenges to the logistics providers operating there, few more so than Gefco UK. According to its managing director, Tristan Balayn (pictured), the country’s fast and sustained growth has required ...
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ArticleGefco announces new business and executive moves
Gefco has used this week’s Multimodal exhibition in Birmingham UK to make announcements about new business and managerial appointments.The transport and logistics provider has renewed its contract with global chassis maker BWI Group, which supplies brake and suspension systems for the transport market. Gefco’s UK division provides complete inbound European ...
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ArticleGefco reports ‘satisfactory results’; pushes on in Russia
Gefco has released financial results for 2014 that show a turnover of €4.1 billion ($4.4 billion), a 1.5% rise in turnover on the previous year. According to the transport and logistics provider current operating profit stands at €105m, a 10.5% increase on 2013.Gefco executives highlighted the strength of the results ...
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ArticleGefco Russia: Big plans, but little certainty
Although the market is suffering, Gefco is still optimistic about recovery as well as future flows between Russia and ChinaDespite Russia’s evident difficulties, Gefco Russia is continuing its aggressive growth strategy, with plans to develop trans-Eurasian logistics and grow its market share in the domestic market. The company is even ...
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ArticleGefco marks 30 years in Spain; announces management change
Transport and logistics provider Gefco celebrated 30 years of business in Spain earlier this month. The event coincided with the announcement that Julián Navarro has replaced Dulsé Díaz as Gefco Spain's new managing director, following the latter’s retirement. Navarro joined Gefco in 1988 and managed the company's subsidiaries in Argentina ...
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ArticleGefco signs deal with RSA Logistics for services in UAE
Gefco’s division in the Middle East has signed a long-term service agreement with Dubai-based third party logistics provider RSA Logistics for the provision of finished vehicle services in Dubai.RSA will provide 100,000 sq.m of compound storage space along with IT support, security and vehicle cleaning services for Gefco, which in ...
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ArticleGefco sees growing automotive interest for Europe-Asia rail
Since Russian Railways (RZD) took majority control of Gefco in 2012, the companies have been targeting trade between Europe and China, including across the Trans-Siberian Railway, with Gefco expected to use its global network of customers to drive traffic across RZD’s infrastructure. Over the past year, Gefco has run a ...
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ArticleRZD expects dividend from Gefco amid falling Russian market
Despite a turbulent Russian market, along with slow growth with its main automotive customer, the Gefco Group is expected to remain profitable in 2015 and to yield a dividend to its major shareholder, Russian Railways (RZD). The logistics provider also expects to continue to grow in Russia and former Soviet ...