Positive financial outlook for Ceva 
2018 has been a year of structural changes for Ceva. One highlight was the company’s successful initial public offering on the SIX Swiss stock exchange. A transformational refinancing followed, involving an overhaul of the pre-IPO structure, an extension of maturities and a... more
DHL and FIA World Endurance Championship renew contract
DHL Global Forwarding and the FIA World Endurance Championship (WEC) have extended their logistics partnership. "Our motorsport logistics team ensures that everything is in place for every race. For each overseas race of the WEC DHL carries more than 800 t of sea freight... more
Kerry, Deloitte, and Cargo Smart increase use of blockchain
Kerry Logistics, Deloitte, and Cargo Smart have connected multiple distributed ledger technology (DLT) networks for a platform to enhance efficiency for worldwide shipping industry by digitising document exchange between forwarders and carriers, as well as improving the... more
C.H. Robinson increased revenues to USD 16.6 billion
C.H. Robinson Worldwide reported financial results for the quarter and fiscal year ending 31 December 2018. Total revenues increased 11.8% to USD 16.6 billion, driven by growth across all transportation service lines. Income from operations totalled USD 912.1 million, up 17.7%... more
Gefco to be listed on Paris branch of Euronext exchange 
The French logistician is planning to open up to new shareholders. Majority stakeholder RŽD could reduce its share to less than 50%. Gefco also recently fortified its position in its French domestic market by extending a contract with Würth. more
Honold and Premium Aerotec working together
Honold Logistik and the aviation supplier Premium Aerotec have opened a new materials management centre in Augsburg (Germany). The platform is both a digitally controlled material warehouse and a hub for all deliveries to/from the four Premium Aerotec parts factories in... more
Strong Q4 rounds off a strong year
UPS has tabled its Q4 and full-year earnings for 2018. Total 2018 revenue increased by 7.9% to USD 71.9 billion on shipment growth; the revenue-yield expansion of 4.3% surpassed the 2017 yield by 200 basis points. The company opened 14 major facilities in the USA in... more
Central location for urban logistics
Vailog, a Segro group member, and Ikea recently inaugurated "Paris Air2 Logistique", a new logistics centre located in the inland port of Gennevilliers port in Paris. Ikea France and the gardenware retailer Leroy Merlin are utilising the 63,000 sqm two-storey... more
Hg buys stake in Transporeon
After nearly three years of successful cooperation, the private equity company TPG Capital is selling its shares in the Transporeon Group to the investor Hg. Transporeon is a provider of cloud-based transport logistics. Hg decided to purchase a stake in Transporeon because... more
Ceva Logistics renews partnership with Fincantieri
Ceva Logistics has renewed its partnership with Trieste (Italy)-based Fincantieri for another three years. Fincantieri, one of the world's top ten shipbuilders, builds both commercial and military vessels. The two companies began working together in 2005, and since then Ceva... more