Ceva Logistics
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American Shipper
CMA GGM in binding agreement to sell terminals to Terminal Link
CMA CGM has finalized agreement to sell 10 terminals to Terminal Link.
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American Shipper
CMA CGM aims to raise $2 billion to pay loans on CEVA purchase
CMA CGM reported solid results for the third quarter of 2019. However, those results were weighed down by the costs of financing its purchase of…
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American Shipper
CMA CGM targets e-commerce with Wing investment
CEVA Logistics, the third-party logistics subsidiary purchased by the French shipping giant in April, will cross-sell and share warehousing with Wing.
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Canada
GM halts assembly operations at Canadian plant as strike fallout continues
Automaker stops producing vehicles at Oshawa plant as temporary layoffs hit GM workers and suppliers including CEVA Logistics.
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Container
CEVA brings ocean freight booking online with help from Kontainers
U.K.-based technology firm sees 2019 as pivotal year for logistics-focused technology.
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News
21 Air authorized for U.S.-Mexico loop
21 Air has been cleared for takeoff by the Department of Transportation for air cargo service between the U.S. and Mexico.
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Air Cargo
Ceva Logistics posts weak first-half results
Ceva Logistics posts weak first-half results, pressured by economic weakness, subpar airfreight volumes and loss of big ocean contract
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Logistics
CMA CGM reshuffles Ceva’s top management as it nears full control of 3PL
Urbain to leave as CEO June 1, become top aide to new chairman Saade.
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Asia-Pacific
Port Report: Thanks to Belt and Road, Ceva Logistics bullish on Eurasia’s rail service
Despite its takeover by ocean carrier, Swiss freight forwarder keeping it multi-modal with introduction of rail service from China to Europe.
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News
Today’s Pickup: Truckers step up with hay deliveries for Midwest farmers
Hundreds of truck drivers across the Midwest volunteered their time to deliver hay bails to farmers affected by flooding in the MIdwest.
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