ceva
CEVA Logistics, which recently rejected a bid for the remainder of the company from existing shareholder CMA CGM, said its net debt was down 43% to $1,190 million, in its preliminary results for 2018. It added that it has been a year of structural changes for CEVA, including an initial public offering on the Swiss Stock Exchange followed by a “transformational” refinancing that saw the company overhaul its ...
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CEVA Logistics has renewed its partnership with Italian shipbuilder Fincantieri for three years. The two companies began working together 2005 and since 2015 CEVA has been responsible for moving components and parts to ten Fincantieri sites across Italy and also manages product warehousing at two facilities. CEVA will now provide ...
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Ceva Logistics has rejected a CHF30 per share offer from CMA CGM for the remaining shares in the company, saying that it was too low. The shipping line already holds a major stake in the forwarder, under a deal in which Ceva also acquired 100% of CMA CGM Log, the ...
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CEVA Logistics has appointed Gianclaudio Neri as managing director of its Italy cluster. Based in Milan, he recently put gas retailer 2i Rete Gasback on track, has driven Intermarine back to profitability and has also led Piaggio to significantly improve returns which allowed it to IPO in 2006. He ...
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Ceva Logistics has taken part in the project to send the first ever TIR truck from China to Europe. A trial run from Khorgos, China via Kazakhstan to Poland operated on 13 November, in conjunction with the International Road Transportation Union and Alblas and Jet-rail, arriving at destination in just ...
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CEVA is to acquire 100% of CMA CGM Log, the shipping line’s freight management service for $105 million, subject to regulatory approvals and due diligence. It forms part of a new strategic partnership between the two companies in which CMA CGM will itself take a stake of up to a ...
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Ceva Logistics has appointed Milton Tadeau Pimenta (pictured, left) as managing director of its Australia and New Zealand cluster. Currently head of Contract Logistics in South America and a 17-year Ceva veteran, he takes over from Carlos Velez Rodriguez who is leaving Ceva to pursue other opportunities but who will ...
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CEVA Logistics has signed a deal with intermediate bulk container firm Goodpack to develop an intelligent returnable unit for tyres. Tyrecube is a patented collapsible and stackable container that eliminates the labour-intensive loose loading and is suitable for 90% of all tyre types.
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CEVA Logistics and CMA CGM say they will broaden their strategic partnership and sign a new relationship agreement. It follows the shipping line’s decision to take a stake of up to a third in the logistics company and the rejection of a rival offer from competitor DSV.
The partners said the ...
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Shipping line CMA CGM is increasing in its shareholding in logistics specialist Ceva, with the latter rejecting an advance by rival logistics firm DSV. CMA CGM announced that it would take a 25% share in Ceva Logistics in April, a deal which also allowed it to nominate two members to ...
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