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  • CEVA_Flag_High-1
    News

    Ceva expands in Vietnam with eye on automotive growth

    2019-09-23T14:44:00Z

    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 ...

  • Mercedes-Benz e Actros truck
    News

    Mercedes-Benz truck trial reveals positive results

    2019-08-07T11:16:00Z

    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

  • DSV_2016_Krefeld_web
    Article

    DSV reaches agreement to integrate Panalpina

    2019-04-02T14:17:00Z

    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 ...

  • CEVA_Flag_High
    Article

    CMA CGM to acquire Ceva Logistics

    2019-03-20T11:35:36Z

    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, ...

  • Audi battery
    Article

    Audi trials used car batteries in factory vehicles

    2019-03-12T16:37:15Z

    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. L ike all OEMs , Audi is obliged by law to take ...

  • k+n_2018
    Article

    Board directors reshuffled at Kuehne + Nagel

    2019-03-05T11:09:35Z

    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 ...

  • 239391_New_Volvo_S60_R-Design_exterior
    Article

    Volvo starts shipments to Europe from Ridgeville

    2019-02-25T11:05:01Z

    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,” ...

  • Claus_Svane_Schmidt_Ceva
    Article

    Schmidt takes on LCL role at Ceva Logistics

    2019-02-19T10:33:17Z

    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 ...

  • Ceva_European_truck_High
    Article

    EC approves CMA CGM takeover of Ceva

    2019-02-12T16:06:34Z

    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 ...

  • Holgar_Wilhelm_Imperial_Logistics
    Article

    Holger Wilhelm moves to Imperial Logistics

    2019-02-08T12:51:18Z

    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 ...

  • Panalpina
    Article

    DSV makes an offer for Panalpina

    2019-01-22T16:04:16Z

    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 ...

  • Finished vehicle logistics was disrupted this year in Poland feature
    Article

    Hanging in the balance

    2019-01-21T16:55:00Z

    Lower production output, slower growth in export markets and several regulatory and operational issues are threatening to unbalance Poland’s finished vehicle market

  • CEVA_Flag_High
    Article

    Ceva rejects DSV bid and lifts CMA CGM share limit

    2018-10-17T10:03:29Z

    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 ...

  • CMA CGMKERGUELEN2
    Article

    CMA CGM to take 25% stake in Ceva Logistics

    2018-04-25T10:52:43Z

    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 ...

  • k+n_2018
    Article

    Kuehne + Nagel launches sea freight platforms

    2018-03-12T17:23:40Z

    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 ...

  • K+N_Singapore
    Article

    Kuehne + Nagel joins Temasek to invest in technology start-ups

    2018-01-16T16:59:18Z

    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 ...

  • AndyWeber_Panalpina RM
    Article

    Andy Weber to leave Panalpina by the end of the year

    2017-11-27T14:57:34Z

    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 ...