French container line CMA CGM is partnering with Saigon Newport Corp. on a $600 million container terminal project in northern Vietnam.
Global logistics company Ceva plans to purchase Borusan Tedarik, a 3PL in Turkey, for $400 million.
Recent Department of Labor action against logistics company Cargomatic is part of a broader crackdown against what the Biden administration calls “coercive provisions” in employment contracts.
Delta Air Lines has named Peter Penseel, currently at Ceva Logistics, to head Delta Cargo.
The board of UK logistics firm Wincanton has unanimously recommended GXO’s $965 million buyout offer.
GXO’s offer to buy U.K. logistics firm Wincanton bests Ceva Logistics’ bid by 26%.
Over 570 layoffs hit freight-related companies in California, Illinois and Michigan, with firms citing market conditions and loss of customers as reasons for the job cuts.
Hydrogen’s historical link to the Hindenburg disaster is receding as its use as a transportation fuel grows.
Global logistics giants Geodis and Ceva plan to lay off 450 workers in the Columbus, Ohio area by Sept. 30.
Startup Kodiak Robotics is the first to run regular autonomous loads to Oklahoma in a partnership with Ceva Logistics.
This week: CMA CGM donates 12,000 turkeys, Gopuff donates $100,000 to fight food insecurity and supports rapper Quavo’s turkey drive, and SC Ports’ employees donate their Thanksgiving gift cards to a local food bank.
QX Logistix said it is closing four facilities in California, and CEVA Logistics announced it is laying off 87 employees at a Dallas-area location.
FreightWaves chats with CEVA Logistics on what it takes for retail customers to transition successfully to e-commerce. What’s the answer? Flexibility.
Mirroring bullish comments by Maersk and Hapag-Lloyd, container line CMA CGM reports a strengthening market in the fourth quarter.
Borderlands is a weekly rundown of developments in the world of United States-Mexico cross-border trucking and trade. This week: Border trucking capacity remains tight; Schneider Electric expanding in Tijuana; new highway in Mexico to boost cross-border trade; Ceva Logistics expands in Latin America.
Logistics services provider is optimistic about African continent’s global freight potential, despite economic setbacks from COVID-19 pandemic.
Third-party logistics providers engaged in international trade are facing the difficult decision of whether to thin staff or even close altogether in the face of a prolonged economic downturn caused by the coronavirus pandemic.
The demand for coronavirus medical supplies is so great that passenger aircraft are being repurposed for cargo service, logistics companies are chartering those airplanes and full freighters, and governments are setting up air pipelines with logistics partners.
CEVA and DHL free themselves from contractual constraints to realign operations and facilitate pricing flexibility during pandemic.
Carrier generates $815 million in cash with sale of stakes in eight port terminals.
CMA CGM has finalized agreement to sell 10 terminals to Terminal Link.
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 CEVA Logistics.
CEVA Logistics, the third-party logistics subsidiary purchased by the French shipping giant in April, will cross-sell and share warehousing with Wing.
Automaker stops producing vehicles at Oshawa plant as temporary layoffs hit GM workers and suppliers including CEVA Logistics.
U.K.-based technology firm sees 2019 as pivotal year for logistics-focused technology.
21 Air has been cleared for takeoff by the Department of Transportation for air cargo service between the U.S. and Mexico.
Ceva Logistics posts weak first-half results, pressured by economic weakness, subpar airfreight volumes and loss of big ocean contract
Urbain to leave as CEO June 1, become top aide to new chairman Saade.
Despite its takeover by ocean carrier, Swiss freight forwarder keeping it multi-modal with introduction of rail service from China to Europe.
Hundreds of truck drivers across the Midwest volunteered their time to deliver hay bails to farmers affected by flooding in the MIdwest.
Shareholder stub offered one last chance to take CMA CGM’s offer before eventual squeeze out and delisting of Ceva shares.
Firm cuts debt load nearly in half, shows single-digit top-line growth in freight management, contract logistics.
European ocean carrier needed approval from continent’s governing anti-trust body before taking offer to public shareholders.
Swiss freight forwarder says 2021 strategic plan should make Ceva worth more as independent company.
Freight forwarder and logistics firm targets 5% annual growth through 2021 thanks to tie-up with CMA CGM.
Assets to be acquired are still unclear, but deal could expand Ceva’s North American and Asian presence.
Shell introduces ultrafast charging stations to Europe; UPS increases capacity at the wake of the holiday season; CMA CGM offers to buyout Ceva Logistics.
Apollo Global Management is reportedly planning to take its subsidiary CEVA Logistics public by April.
