Connect with us

Logistics & Supply Chain

P&O Ferrymasters builds new 10,000m2 warehouse at Genk to offer port-centric logistics solutions

Published

on

P&O Ferrymasters builds new 10,000m2 warehouse at Genk to offer port-centric logistics solutions. Image: P&O Ferrymasters
P&O Ferrymasters builds new 10,000m2 warehouse at Genk to offer port-centric logistics solutions. Image: P&O Ferrymasters
Listen to the story (FreightComms AudioPost)

P&O Ferrymasters announces it has entered into an agreement with Genk Green Logistics to build a 10,000 square metre state-of-the-art warehouse near the Port of Genk, further enhancing its pan-European rail, road and warehousing network at a critical time for international trade and the economic recovery.

The new facility – strategically located near the port which is in the heart of Flanders’ industrial belt – is equipped with world-leading Warehouse Management Systems and will enable customers to increase efficiency, have better visibility of their goods and expand storage capacity in their end-to-end supply chains

The warehouse is ideally positioned to accommodate the import and export of goods requiring storage for international deep-sea routes and to the United Kingdom via both the Englis Channel and North Sea. The site’s outstanding multimodal transport links – including access to the Albert Canal and direct barging to P&O Ferrymasters parent company DP World’s terminal at Antwerp – will facilitate existing customers’ export of high-value industrial products to consumers throughout Europe and via onward connections to Russia, China and the United States.

As part of the global DP World and P&O Ferrymasters commitment to sustainability, the warehouse will be constructed on a carbon neutral site and designed to meet the ‘excellent rating’ of BREEAM (Building Research Establishment Environmental Assessment Method).

Mark Mulder, P&O Ferrymasters’ Contract Logistics Director, said: “This new warehouse capacity at Genk is a vital addition to our port-centric logistics strategy and growing pan-European intermodal network. Specifically tailored to meet the evolving requirements of customers, the facility will provide the greater operational flexibility and capacity required to reinforce resilience in crucial, time-sensitive supply chains.”

“P&O Ferrymasters’ ongoing development in Genk presents an ideal opportunity for prospective customers which need fast and reliable links to their markets.

International trade is changing fast as we emerge from the pandemic and port-centric logistics will benefit the large number of businesses looking to reconfigure their supply chains.”

P&O Ferrymasters is a leading pan-European provider of logistics solutions. The company serves 20 strategic locations in 13 countries across the continent, operating integrated road, rail and sea links via a fleet of more than 5,000 trailers and containers. The company is part of P&O Ferries, which sails on eight major routes between Britain, France, Northern Ireland, the Republic of Ireland, Holland and Belgium. It operates more than 20 vessels which carry 8.4 million passengers and 2.3 million freight units every year. P&O Ferries is part of DP World, a leading enabler of global trade and an integral part of the supply chain.

Continue Reading

Freight Forwarding

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

Published

on

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
Listen to the story (FreightComms AudioPost)

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.”

Continue Reading

Freight Forwarding

DSV Panalpina acquires Agility’s Global Integrated Logistics business

Published

on

DSV Panalpina acquires Agility’s Global Integrated Logistics business. Image: DSV
DSV Panalpina acquires Agility’s Global Integrated Logistics business. Image: DSV
Listen to the story (FreightComms AudioPost)

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.

Continue Reading

Popular

Copyright © 2017-18 | FreightComms | Made with ♥ in Singapore