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CEVA Logistics implementing new block train, multimodal solutions from China to European ports

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CEVA Logistics implementing new block train, multimodal solutions from China to European ports. Image: Unsplash
CEVA Logistics implementing new block train, multimodal solutions from China to European ports. Image: Unsplash
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CEVA Logistics continues to expand its range of ground and rail services from China to Europe, announcing today a new train-ferry service from Xi’an, China, to Immingham, U.K., as well as a premium offering on the company’s existing route from Xi’an to the Mukran (Sassnitz) port in Germany.

First train-ferry shipment arrived in the U.K. 

CEVA Logistics’ weekly multimodal train-ferry service from Xi’an to Immingham via Kaliningrad, Russia, will provide additional freight capacity for shippers amid unprecedented demand for transport and logistics services. The new route’s pilot shipment to Immingham left Xi’an by block train on March 18, going to Kaliningrad, where the cargo was reloaded the same day onto a ferry that arrived in Immingham on April 6. The pilot shipment for the new regular connection delivered 25 containers, including e-commerce goods with customs supervision code 9810. More trials will follow in May, with regular service starting by early June. CEVA’s aim for port-to-port delivery times is 18-20 days, with door-to-door delivery times not exceeding 25 days.

Premium service added in Germany

CEVA Logistics also upgraded its express block train solution from Xi’an to Mukran. Since April 1, the existing regular connection to Duisburg, Germany, has also been operating a high-speed and high-security premium service every Thursday.

In addition, CEVA will begin operating an additional regular block train on June 1 from Xi’an to Duisburg via Malaszewicze, Poland, with a port-to-port delivery time of 15 days.

Block trains central to CEVA rail strategy

CEVA Logistics continues to develop additional block train connections to expand regular China to Europe connections, including Spain, Italy and France. The company’s block trains provide responsive logistics solutions between Asia and Europe and serve the growing need to balance delivery time, cost and more environmentally sustainable transport.

Over the past two years, CEVA has accelerated its range of ground and rail solutions from China to Europe, most recently announcing in January a regular connection to Dourges, France. The Xi’an port will continue to play a significant role in further developments. CEVA Logistics has dispatched more than 50 block trains from the port since May 2020.

Says Xavier Bour, Global Ground and Rail Product Leader, CEVA Logistics: “CEVA Logistics remains committed to developing sustainable and reliable transport solutions with our rail products — along the Silk Road in particular. The Suez Canal crisis has highlighted the risks associated with single-mode, single-route transport, and our recent developments of more block trains, new routings and premium services are available, offering responsive logistics solutions to our customers and supporting them in achieving secure and cost-effective supply chains.”

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Freight Forwarding

Kuehne+Nagel completes acquisition of Apex International

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Kuehne+Nagel completes acquisition of Apex International. Image: Pixabay
Kuehne+Nagel completes acquisition of Apex International. Image: Pixabay
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Kuehne+Nagel has completed the acquisition of Apex International Corporation, following the satisfaction of all closing conditions, including the receipt of unconditional regulatory approvals from the competent authorities.

Apex is one of Asia’s leading freight forwarders, especially on the transpacific and intra-Asia trade routes. In 2020, the company generated turnover of CHF 2.2 billion, gross profit of CHF 296 million and earnings before taxes of CHF 126 million and ranked seventh in terms of global air freight forwarding volume. In the first quarter of 2021, Apex has continued to perform strongly with turnover of CHF 556 million, gross profit of CHF 109 million and earnings before tax of CHF 64 million.

Together, Kuehne+Nagel and Apex offer their customers a compelling value proposition in the competitive Asian logistics industry, especially in e-commerce fulfilment, hi-tech and e-mobility.

Dr. Joerg Wolle, Chairman of Kuehne + Nagel International AG, says: “With the acquisition of Apex, Kuehne+Nagel complements its successful organic growth strategy and substantiates its strong position as one of the world’s largest logistics providers. With this transaction we are expanding the Group’s service offering, networks and potential for growth, in Asia and globally.”

Kuehne+Nagel has acquired the majority of the shares in Apex. A minority participation remains with the Apex management, with the parties retaining customary contractual rights to acquire and sell these shares. The purchase price paid at closing amounts to CHF 1.1 billion and has been financed by the Group’s own funds and approximately 750,000 new Kuehne+Nagel shares issued out of authorized share capital. In addition, over the next three years, Kuehne+Nagel will have the opportunity to acquire all other shares in Apex for a performance-based consideration.

The experienced management team of Apex will continue to run the company, supported by the global network, capabilities and solutions of the Kuehne+Nagel Group.

The economic benefits of the Apex business have been effectively transferred to Kuehne+Nagel with effect from January 1, 2021 as per the terms of the transaction agreement. However, the Apex result will be fully consolidated in Kuehne+Nagel’s financial statements from the closing date of this transaction.

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DSV Panalpina acquires Agility’s Global Integrated Logistics business

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DSV Panalpina acquires Agility’s Global Integrated Logistics business. Image: DSV
DSV Panalpina acquires Agility’s Global Integrated Logistics business. Image: DSV
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Two years after the acquisition of Panalpina, DSV Panalpina is once again announcing a large acquisition: Agility Global Integrated Logistics (GIL). M&A is a well-known part of DSV Panalpina’s strategy and the company has demonstrated its ability many times in both acquiring and successfully integrating companies with similar business models. The value of the GIL acquisition is USD 4.2 billion

Global Integrated Logistics is part of Agility and one of the world’s top freight forwarding and contract logistics providers (3PL). In 2020, the company had USD 4 billion in revenue, mainly related to air & sea freight and a workforce of approximately 17,000 employees.

Increased competitiveness across divisions

DSV recently completed the integration of the company’s largest acquisition to date, the Swiss Panalpina, and with the acquisition of GIL, DSV Panalpina will become the world’s 3rd largest transport and logistics company with a combined pro forma revenue of approximately DKK 142 billion (around USD 22 billion) – an increase of around 23% – and a combined workforce of more than 70,000 employees.

Especially the Air & Sea-division, the largest division of DSV Panalpina, will be substantially strengthened with the acquisition of GIL and will consolidate the rank among the largest providers globally with close to 2.8 million containers (TEUs) and more than 1.6 million tonnes of air freight transported annually. The contract logistics capabilities, which are increasingly important due to complex supply chains and changing distribution channels, will strengthen DSV’s Solutions division with GIL’s additional warehousing capacity of more than 1.4 million square metres, mainly in APAC and the Middle East. Furthermore, GIL will add road freight activities to DSV’s network in both Europe and the Middle East and thereby increase DSV’s competitiveness across all three divisions.

Company synergies

DSV and GIL are a strong match with valuable synergies as a result of similarities in both business models, services and strategies. According to the Group CEO of DSV Panalpina, Jens Bjørn Andersen, there are many good reasons to join forces with the Middle Eastern transport and logistics provider:

“GIL and DSV are an excellent match, and we are proud that we can announce our agreement to join forces. The combination of our two global networks will provide us with the opportunity to offer our customers an even higher service level. GIL’s strong market position in APAC and the Middle East complements DSV’s network well and will support our long-term value creation ambitions. Our two groups already share a culture of entrepreneurship and local ownership, and we look forward to welcoming GIL’s talented staff to DSV.”

DSV has long been known for its acquisition strategy and has proven successful in both acquiring and integrating companies, most recently Swiss Panalpina in 2019 and American UTi Worldwide in 2015. The focus on scalability remains one of the key competitive advantages in freight forwarding with significant operational and commercial benefits in a highly fragmented market.

Conditions and approvals

DSV Panalpina and GIL expect to close the transaction in Q3 2021 provided conditions are met and necessary approvals are obtained. Until then, DSV Panalpina and GIL will continue to operate separately and independently.

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BDP International enters US customs brokerage portfolio

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BDP International enters US customs brokerage portfolio. Image: Pixabay
BDP International enters US customs brokerage portfolio. Image: Pixabay
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BDP International, a leading privately owned global logistics and transportation solutions company has announced the acquisition of DJS International, a Dallas-based customs brokerage and freight forwarding company.

DJS provides customized logistics solutions to a diverse group of more than 800 long-tenured customers across all modes of transportation. As a proven leader in international trade, transportation and customs brokerage services, DJS will readily complement BDP’s diverse portfolio of logistics and global trade management solutions, with trade compliance and inbound logistics as key focus areas.

“The similarities between our two companies are astounding; both built from humble beginnings, family-owned and operated, strong customer relationships, and both expanding in prominence as major global players in the industry,” noted BDP Chairman & CEO, Rich Bolte. “Trade compliance continues to be filled with new complexities and challenges; it’s a major focus area for our customers and therefore it was a natural fit to extend our reach in this area of expertise. We’ve always had a significant presence in the US Gulf region but with DJS we can provide a wider array of specialized and customized solutions for our customers in this new normal world.”

DJS will operate as a subsidiary of BDP, guaranteeing access to BDP’s entire global network and portfolio of services. BDP and its partners will reap the benefits of DJS’s proven position as a leader in trade management. With this new partnership, BDP International and DJS customers can expect a unique service experience backed by a combined century of industry know-how, expertise, and experience.

“Our team at DJS is a family, and we pride ourselves on the notion of delivering service excellence to our customers – we adapt and fit to their ever-changing needs in this complex world,” noted David Meyer, DJS president and chief operating officer. “We wanted to partner with a company who had similar corporate values rooted in delivering service excellence and look forward to working with our 5000 new BDP family members while leveraging BDP’s technology, visibility, and global presence to continue helping our customers streamline and simplify their supply chains.”

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