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CEVA creates a global automotive logistics giant

[ January 10, 2023   //   ]

CEVA Logistics has created a Global Finished Vehicle Organization from the former GEFCO operation. If follows the acquisition of the vehicle-orientated logistics specialist by CEVA’s parent, CMA CGM Group in July 2022.

The GEFCO brand will become CEVA Logistics and CEVA Logistics will launch a division dedicated to finished vehicles (FVL) from the former operations of GEFCO.

As well as making CEVA Logistics a leader world in automotive logistics, it also makes CEVA Logistics the largest logistics company based in France.

GEFCO’s remaining business, mostly in contract logistics and ground transportation, is being integrated into CEVA’s existing operations. CEVA plans to finish integration activities and replace the GEFCO brand worldwide during 2023.

The new Global Finished Vehicle Organization will have about 4,000 employees and will be led by former GEFCO chief operating officer Emmanuel Cheremetinski.

GEFCO was created by French automaker Peugeot in 1949 and transported about 4 million vehicles a year using its fleet of 1,600 trucks, nearly 3,000 wagons and more than 100 vehicle compounds.

Prior to the GEFCO acquisition, CEVA already supported 14 of the top 15 global automotive manufacturers and many global automotive parts suppliers with logistics solutions, including inbound to manufacturing, component and aftermarket services. With the addition of full vehicle distribution and transport, CEVA says it can offer full lifecycle solutions to the global automotive industry.

CEVA Logistics chief executive Mathieu Friedberg said: “With our new CEVA colleagues from GEFCO, we are able to offer extensive global capabilities to a wide range of industries, including the automotive industry. Backed by the CMA CGM Group, we expect our growth to continue as we target becoming a top three global 3PL.”

Deputy chief executive for regions and products, Guillaume Col, added: “With the automotive industry undergoing significant transformation, integrating a mature finished vehicle organization puts CEVA in a very strong position.”

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