Subscribe

Tag: CEVA logistics

CMA CGM and Google AI Partnership for Shipping and Logistics

Posted on by David Priestman

CMA CGM and Google today announced a strategic partnership to accelerate the integration of artificial intelligence (AI) across CMA CGM’s operations worldwide.

By leveraging Google’s proven AI solutions and insights from experts, CMA CGM will help empower its employees’ decision-making. In fact, every program and tool developed within the partnership will be designed to assist users in their decision-making processes across several key workflows.

This comprehensive collaboration aims to revolutionize shipping by enhancing efficiency, responsiveness, and adaptability to market fluctuations and disruptions, resulting in faster and more responsive customer service. As part of the partnership, CMA CGM will actively seek to optimize vessel routes, container handling, and inventory management to ensure efficient and timely delivery of goods while minimizing costs and carbon footprints.

CEVA Logistics, the logistics arm of CMA CGM, will pioneer the data-driven future of logistics, focusing first on warehouse smart management aimed at better operating its 10.3 million square meters of warehouse space. The smart management tool, built on Google technology, will allow CEVA Logistics to better anticipate and plan its operations thanks to an enhanced volume and demand forecasting.

The partnership will eventually benefit all CMA CGM associates thanks to dedicated high-impact training sessions at TANGRAM, the Group’s excellence centre for learning and innovation. This collaboration is part of CMA CGM’s overall strategy to transform its business through AI innovation. It follows key moves such as CMA CGM’s investment in Mistral AI, PoolSide, and Dataiku, as well as the launch of open science lab, Kyutai.

Rodolphe Saadé, Chairman and CEO of CMA CGM, stated: “I am pleased to announce this global partnership between the CMA CGM Group and Google to accelerate AI adoption across our operations. This collaboration aligns with our digital roadmap and investments, marking a crucial step in our transformation strategy. Together with Google, we will lead the digital revolution in shipping, logistics and media, optimize our processes, and enhance our competitive edge. We are committed to driving innovation with tangible benefits for our staff members and our customers”.

Sundar Pichai, CEO of Google and Alphabet, said, “by combining CMA CGM’s deep expertise in shipping and logistics with Google’s AI tools and secure infrastructure we can help CMA CGM digitally transform its own operations and those of its customers. This partnership is a prime example of how AI can assist employees, improve outcomes for customers, and revolutionize industries.”

read more

CMA CGM Completes Tender Offer to Acquire CEVA Logistics

 

Container Ship in Marseille Welcomes Olympic Flame

Posted on by Keith McKinley

CMA CGM GREENLAND, a 15,000 TEU (Twenty-Foot Equivalent Unit) container ship powered by liquefied natural gas (LNG), will take part in the grand nautical parade around the Belem and the arrival of the Olympic Flame in Marseille on May 8th.

She will arrive in Marseille mid-day on May 7, and will be in the Bay all day on May 8.

Entering service in September 2022 under the French 1st register flag, and homeported in Marseille-Fos, the CMA CGM GREENLAND is part of a series of five 15,000 TEU vessels deployed between Asia and the Mediterranean. At 366 meters long and 51 meters wide, she and her sister-ships – CMA CGM PATAGONIA, CMA CGM KIMBERLEY, CMA CGM EVERGLADE and CMA CGM GALAPAGOS – are named after sensitive natural regions. The CMA CGM GREENLAND is equipped with WinGD engines and a GTT Mark III LNG tank in the hull.

CMA CGM and its subsidiary CEVA Logistics, transporters of the Olympic flame’s equipment

The CMA CGM GREENLAND, anchored in Marseille’s harbor, embodies the commitment of the CMA CGM Group and its employees to transporting the equipment essential for the Olympic Flame’s journey through the French overseas regions and Corsica.

As the Official Logistics Partner of the Paris 2024 Olympic and Paralympic Games, CMA CGM and its subsidiary CEVA Logistics are handling the maritime transport of the equipment from the port of Piraeus in Greece.

After its arrival in Le Havre, this unique equipment is stored in the Paris region before being gradually transported to Corsica, French Guiana, Reunion, Tahiti, Guadeloupe and Martinique on board 20-foot containers.

Loaded mainly with technical and logistical equipment, such as gas cylinders, uniforms for the torchbearers, lanterns, flags and torch parts, these containers are the symbol of CMA CGM’s unwavering commitment to the success of this world-class sporting event.

read more

French PM Opens Marseille Global HQ for CEVA Logistics

 

GXO Trumps CEVA’s Wincanton Offer

Posted on by Keith McKinley

Wincanton Logistics Directors are now supporting a £762m takeover offer from the American third party logistics company GXO and have withdrawn their backing for a rival bid from CEVA Logistics.

Wincanton said on Friday that directors intended to recommend unanimously an offer of 605p a share made by GXO on Thursday. In the latest twist in the takeover battle, the Wincanton board withdrew their backing for an increased and final cash offer from Marseille-based CEVA Logistics at 480p a share. The GXO offer is pitched at a 29% premium to the record high share price of 470p reached during the period to 18 January, the last business day before Wincanton received a £567m bid from CEVA.

Currently listed on the London Stock Exchange, Wincanton is a leading supply chain partner for British and Irish business, and a trusted partner to many of the UK and Ireland’s most recognisable brands and influential public bodies. Wincanton provides business critical services and takes care of all customers’ supply chain needs and a range of outsourced and integrated supply chain solutions, across four sectors: efulfilment; Grocery & Consumer; General Merchandise; and Public & Industrial.

With almost 100 years’ heritage, Wincanton’s 20,300-strong team operates from more than 170 sites across the country, responsible for 8,500 vehicles. For FY23, Wincanton generated revenue of £1,462 million, underlying EBITDA of £121.9 million.

GXO Trumps CEVA

CMA CGM provided this statement to Logistics Business:

On 19 January 2024, the boards of directors of Wincanton plc (“Wincanton”) and CEVA Logistics UK Rose Limited (“CEVA”), a wholly-owned subsidiary of CEVA Logistics S.A. (“CEVA Logistics”), itself a subsidiary of CMA CGM S.A. (“CMA CGM”), made an announcement pursuant to Rule 2.7 of the Code that they had reached agreement on the terms and conditions of a recommended cash offer for the entire issued and to be issued ordinary share capital of Wincanton by CEVA (the “Acquisition”), to be implemented by means of a scheme of arrangement under Part 26 of the Companies Act 2006 (the “Scheme”).

The scheme document in respect of the Acquisition (the “Scheme Document”) was published and made available to Wincanton Shareholders on 15 February 2024. A supplementary announcement to the Scheme Document was then published on 26 February 2024 pursuant to which CEVA announced the terms of an Increased and Final Offer (as defined therein) (the “Supplementary Scheme Announcement”). CEVA reserved the right to increase the Increased and Final Offer Price (as defined in the Supplementary Scheme Announcement) if a competing offer was made for Wincanton.

On 29 February 2024 a competing offer was announced for Wincanton. On 1 March 2024 the Wincanton Directors announced that they no longer recommend the Increased and Final Offer.
Following the Wincanton Directors’ change in recommendation, in accordance with Note 2 on Rule 32.2 of the Takeover Code, CEVA confirms that it will not set aside the no price increase statement in the Supplementary Scheme Announcement. Furthermore, CEVA will not switch to a takeover offer (as defined in section 974 of the Companies Act 2006) in respect of Wincanton. It is CEVA’s intention that the Increased and Final Offer will lapse in due course.

CEVA felt that the Increased and Final Offer represented a very attractive opportunity for all Wincanton stakeholders, notably its employees, clients and the Wincanton Shareholders.
As a global leader, CMA CGM will continue deploying its growth roadmap, leveraging its clear business strategy and very robust balance sheet, while always maintaining a clear focus on value creation with financial discipline in any acquisition.

CEVA Logistics and CMA CGM are committed to serving their clients and growing their presence in the United Kingdom which remains a core market for the CMA CGM group.
This announcement should be read in conjunction with the Scheme Document and the Supplementary Scheme Announcement. Capitalised terms used but not defined in this announcement have the meanings given to them in the Scheme Document.

Wincanton chairman, Sir Martin Read, said: “Under the current management team, we have made positive progress and ensured that Wincanton is at the forefront of logistics innovation. The board of Wincanton is pleased that GXO recognises the very significant value inherent in this business and intends to recommend the offer to shareholders for their consideration.”

Read more

GXO completes Clipper acquisition

 

 

 

 

Alliance to Decarbonize Road Freight Transport

Posted on by David Priestman

Three major groups are joining forces to fight climate change and launch the European Clean Transport Network Alliance (ECTN Alliance), a concrete solution to decarbonize road freight transport.
Mobilizing the expertise of its founding members – CEVA Logistics, ENGIE and SANEF – the ECTN Alliance envisions building and operating a network of truck terminals with low-carbon energy solutions to transport merchandise along Europe’s motorways. The disruptive system will be tailored to electric trucks’ limited range and charging requirements.

Long term, the terminal network will be open to all shippers and carriers, offering simple access to low-carbon biogas, hydrogen and electric energy solutions for charging and refuelling trucks. Strategically placed on European motorways, the network will include a specific IT solution to enable transport companies to plan their routes and charging schedules in the fastest and most carbon-efficient way.

In addition, the concept aims at improving working conditions for long-haul truck drivers by allowing them to remain closer to their homes, as they will be swapping trailers at each terminal before turning back. ECTN’s solution will ultimately make the trucking industry more attractive and help alleviate the European truck driver crisis.

The Alliance will conduct a proof of concept (POC) in 2023 between the Lille and Avignon metropolitan areas in France to demonstrate the feasibility of the concept before deploying it on a European scale.

The two-year proof of concept will start in 2023 to demonstrate the ECTN model’s effects on long-distance road haulage. A dedicated fleet of 20 low-carbon tractor units (a mix of biogas, electric and green hydrogen) will transport 20 trailers each day between the north and southeast of France, relaying and changing trailers at five test sites located at existing CEVA Logistics locations.

Local carriers will carry out the pre- and post-carriage transport to and from the test sites. The POC is expected to provide a rich database for an in-depth understanding of low-carbon truck use for long-distance haulage and options for decarbonizing road freight transport in Europe.

Luc Nadal, Regional Managing Director for Europe, CEVA Logistics, said: “ECTN Alliance members strongly believe that private–public alliances have a key role to play in accelerating climate solutions. The ECTN Alliance is based on a pioneering, holistic approach to decarbonizing long-haul trucking. We are proud to launch this bold initiative with best-in-class companies, whose combined expertise will contribute to the success of the project.”

CEVA Logistics, a world leader in third-party logistics, provides global supply chain solutions to connect people, products and providers all around the world. Headquartered in Marseille, France, CEVA Logistics offers a broad range of end-to-end, customized solutions in both Contract Logistics and Freight Management in 170 countries worldwide thanks to its approximately 110,000 employees at more than 1,300 facilities. With pro forma 2021 revenue of US$17 billion, CEVA Logistics is part of the CMA CGM Group, a global player in sea, land, air and logistics solutions.

Venray DC leased to CEVA Logistics

Posted on by Keith McKinley

SEGRO, a leading owner, manager and developer of modern warehouses and industrial property, has fully leased SEGRO Logistics Centre Venray to CEVA Logistics Netherlands.

“We are pleased to welcome CEVA Logistics Netherlands to this new development. The brand new centre was completed at the end of February, so CEVA can immediately start delivering flexibility and capacity to existing operations,” says Eelco Ouwerkerk, head of SEGRO Netherlands

“We are delighted with SEGRO’s new, ultra-modern location in Venray. This enables us to implement the growth of CEVA Logistics in Benelux for both new and existing customers in diverse sectors. The building fits perfectly within the sustainability strategy of CEVA Logistics and is centrally located in our campus structure in Venray. We are here for the long term and looking forward to further development of our cooperation with SEGRO,” says Jan de Breet, head of Real Estate, Facility and Procurement CEVA Logistics Benelux & Switzerland.

The high-value distribution centre (HVDC), located on De Blakt industrial estate on Edisonstraat in Venray, has a total area of 42,800 sq m and will be certified BREEAM Outstanding. Sustainability and innovation are central to the design and landscaping, making a major contribution to the reduction of CO2 emissions, to limiting the energy costs of the tenant and to the wellbeing of the end user.

This is reflected in sustainably generated energy, batteries for energy storage, sustainable and fire-retardant wooden facade cladding, charging points for electric cars and bicycles, LED lighting, and underfloor heating /cooling in the warehouse and in the offices. In addition, more than 2,500 sq m of vegetation will be planted in the outdoor area, with green-accentuated footpaths. This first-class location in Venray is the fourth CEVA Logistics site on the De Blakt industrial estate, increasing the opportunities for expansion and flexibility of existing and new operations.

similar news

Contract Signed for New Warehouse Project

 

Subscribe

Get notified about New Episodes of our Podcast, New Magazine Issues and stay updated with our Weekly Newsletter.