CEVA Logistics signs contract with BestSecret to open eCommerce fashion fulfilment centre in Poland
CEVA Logistics is connecting European consumers with premium and luxury fashion brands thanks to a long-term agreement with BestSecret, a leading European members-only online destination for premium and luxury off-price fashion. CEVA will manage logistics and operations at a new 80,000-square-meter eCommerce fulfillment center in Sulechów, Poland. BestSecret’s new eCommerce fulfillment center will be located […]
CEVA Logistics delivers BAE Systems scale replica aircraft
The need for speed was critical for the CEVA Logistics Showfreight team last week as they managed the logistics for a full-scale replica of a Typhoon fighter jet at the new blockbuster movie premiere in London’s Leicester Square. The team had seven hours to unload and install the scale model for their client, BAE Systems, […]
Customers want peace of mind in a volatile market
With capacity uncertainty looming over the industry Peter Penseel, chief operating officer, airfreight, CEVA Logistics explained why CEVA is taking matters into its own hands with its new SKYCAPACITY airfreight programme. ACW: Can you explain what the SKYCAPACITY programme is and why CEVA launched it? Penseel: Over the past two years, demand fluctuations and the […]
CEVA Logistics now operating full contract logistics for Under Armour in UK
CEVA Logistics has completed a successful Zero Defects Start-up for the full omni-channel distribution of Under Armour’s sports apparel products in the U.K. This milestone follows CEVA’s implementation of Under Armour’s UK e-Commerce business as part of an on-going, multi-year contract. Up to 200 employees now operate from CEVA Logistics’ dedicated 7,500 sq m distribution […]
The changing pharma logistics landscape
By Niels Van Namen, EVP Global Healthcare, CEVA I prefer not to be in the hospital. That statement is likely not a huge surprise. For a host of reasons, hospitals are a necessary, but not a preferred, part of life. Apparently, I’m not alone. Numerous studies outline recent trends — and anticipated increases — in […]
CEVA Logistics launches FORPATIENTS healthcare logistics sub-brand
In an expansion of its support for global healthcare and pharmaceutical customers, CEVA Logistics announced on World Health Day a new sub-brand to support better patient outcomes through the company’s broad range of healthcare logistics services. CEVA FORPATIENTS now offers healthcare and pharmaceutical companies end-to-end logistics solutions that place the patient at the center of […]
CEVA Logistics awarded Collins Aerospace logistics support contract in SE Asia
In a further expansion of its global aerospace customer base, CEVA Logistics has been awarded a contract to manage in-factory logistics support for Collins Aerospace in Singapore. The two-year contract is based on solutions designed by CEVA that will be implemented at the customer’s Changi North site. Collins Aerospace – a subsidiary of Raytheon Technologies […]
CEVA opens new Thailand head office
CEVA Logistics has moved its Thailand head office to the heart of Bangkok’s business district. This change is the third relocation in recent months of a key function in Thailand following the move of CEVA Logistics’ airfreight team to a new office at Suvarnabhumi Airport and the opening of a new ocean station at Laem […]
CEVA and Mondadori extend partnership
Following the signing of a letter of intent last March, CEVA Logistics and the Mondadori Group have signed a new contract extending the partnership for another five years. The new contract further extends the collaboration between the two companies, which began in May 2017 and covers a wide range of activities, including warehouse management, transport, […]
CEVA Logistics and Emmelibri launch C&M Book Logistics
CEVA Logistics Italia and Emmelibri (Messaggerie Group) have renewed their partnership to provide logistics services for another 12 years. The new contract provides for the launch of a jointly owned business named C&M Book Logistics SrL – aimed at developing an innovative book logistics and distribution centre in Italy through the project. CEVA Logistics and […]
CEVA Logistics offer all-in-one portal, myCEVA
CEVA Logistics is accelerating its digital transformation with the launch of myCEVA, a new transactional platform enabling shippers to manage their complete shipping journey online. The online tool provides a seamless customer experience by giving them greater control over every function and a larger range of options whatever the circumstances. myCEVA initially opened for business […]
CEVA Logistics significantly expands in Africa
With the acquisition of AMI Worldwide, CEVA Logistics is accelerating its expansion in East and Southern Africa. It is launching a three-part expansion plan for the African market, through which it aims to become a leading, continent-wide market player. CEVA Logistics has acquired a controlling shareholding in AMI Worldwide, a third-party logistics provider with an […]
CEVA wins five-year contract with Airbus in Hamburg
Freight forwarder CEVA has announced it has been awarded a five-year contract to manage spare parts and components for Airbus at the aircraft manufacturer’s site in Hamburg, Germany. This will be effective from February 2020. CEVA will become responsible for consolidating spare parts and components at the site from other locations across Europe, including Germany, […]
CEVA steps in to remember US fallen military personnel
For the second year in a row, CEVA Logistics is helping US-based non-profit organisation, Wreaths Across America, deliver wreaths to Europe to honour fallen US military service personnel. It has always been a dream of non-profit Wreaths Across America’s Founder, Morrill Worcester, to place a wreath in honour of every US veteran laid to rest […]
CEVA appoints Terry Carter as senior vp transportation contract logistics
CEVA Logistics has appointed Terry Carter to the newly-created position of senior vice president transportation for contract logistics. He will be based in the US and report to Brett Bissell, chief operating officer contract logistics. In his new role, Carter is charged with driving operational and commercial best practices and standardisation across CEVA’s Contract Logistics […]
CEVA Logistics starts refinancing actions
Swiss-based CEVA Logistics, one of the world’s leading asset-light third-party logistics companies, has proposed refinancing of the majority of its existing debt with the aim of achieving lower interest rates, longer maturities and enhanced liquidity to pursue its strategy. CEVA proposes to offer, subject to market conditions and other factors, $400 million in secured term […]
CEVA and IMS Worldwide enter strategic alliance for US FTZ services
CEVA Global Logistics, LLC (CEVA) and IMS Worldwide (IMSW) have entered into a strategic alliance to offer the benefits of Foreign Trade Zone (FTZ) services to all US customers. These would include Nashville FTZ (pictured). The partnership’s focus is the development of a sophisticated Zone Managed Services offering that is rooted in compliance, efficiency and […]
Cow bell greets CEVA’s first day of stock exchange trading
CEVA Logistics, one of the world’s leading supply chain management companies, has marked the first day of trading for its shares on the SIX Swiss Exchange in Zurich with the traditional ringing of a cow bell to launch the day’s business. CEVA CEO, Xavier Urbain was joined by executives from SIX and other members of […]
CMA CGM acquires CEVA stake to boost logistics reach
Worldwide leading shipping company CMA CGM has reached an agreement to acquire an equity stake of nearly 25 per cent of CEVA Logistics, a global leading player in the logistics sector. CMA CGM has committed to subscribe for mandatory convertible securities of CEVA in an estimated amount between CHF 380 and CHF 450 million. These […]
European court upholds €169m of cartel fines for freight forwarders
The Court of Justice of the European Union has upheld €169 million of fines given to freight forwarders for participating in an air cargo cartel. The European Commission had imposed the fines on 28 March 2012 against a number of companies for participating in the cartel between 2002 and 2007 for services including the organisation […]
Q3 airfreight volume growth of 11.8% for CEVA
CEVA says it maintained its “positive momentum” in the third quarter (Q3) ending 30 September this year as revenue grew 5.4 per cent, but still remains in the red. In Q3, the freight management division maintained volume growth for its air product at 11.8 per cent versus prior year and CEVA says market volatility in […]
ACE: Give the customer more choice as to how to interact
Giving the customer the choice of how they want to interact may be the key to customer satisfaction, delegates were told at air cargo europe on 11 May. In the session ‘Reorganizing sales and customer service to match today’s new customers’, co-host Dr Joachim Ehrenthal, who is the owner of software company joe.systems said customers […]
$224m loss in 2016 for CEVA
Losses at CEVA have grown to $224 million for 2016 while revenue also dipped to $6.6 billion. Total comprehensive loss for the period net of income tax was up from $196 million and revenue was down 4.5 per cent from $6.9 billion. Freight management revenue was down from $3.1 billion in 2015 to $3 billion […]
Turkish appoints Turhan Özen as chief cargo officer
Turkish Airlines has appointed Turhan Özen as its new chief cargo officer – he joined the carrier in December 2016. He started his career in 1991 at IVECO, where he worked in sales, marketing, and logistics management positions before moving on in 2000 to TNT Logistics, where he moved up to operations director. Özen took on the […]
WorldACD: May another disappointing month
May was another “disappointment” and volumes grew year-on-year (YoY) by 0.5 per cent, according to a latest report by industry analyst WorldACD. WorldACD says North America fell back by four per cent, whereas MESA grew by the same percentage. Yield in US dollars dropped by 1.9 per cent compared to April. In the year-to-date, Europe […]
Top freight forwarders losing ground, WorldACD reports
Air cargo market data analyst WorldACD says the top 20 freight forwarders saw their worldwide market share decline from 44.5 per cent to 43 per cent in 2015 – based on revenue, measured in US dollars. The Amsterdam firm bases figures on the inputs of more than 60 (mostly large) airlines, who provide their full worldwide air waybill […]