FedEx Corp's €4.4 billion bid Tuesday for TNT Express took the world's last large potential integrator acquisition target off the table, marking a victory in FedEx's battle to gain market share from rival United Parcel Service Inc. In 2013, European regulators blocked a $6.9 billion bid from Atlanta-based UPS, the world's largest package delivery company, for TNT on grounds that the combined companies would have more than 30 per cent of the European market. The transaction would … [Read more...] about FedEx set to buy TNT for €4.4 billion
3PL
Fondevilla to head CEVA’s automotive biz
CEVA Logistics has appointed Antonio Fondevilla as executive vice president responsible for the company’s global Automotive sector. The automotive sector accounted for 24 per cent of the company’s annual revenue in 2014. Fondevilla has more than 20 years of supply chain management and automotive logistics experience. He joined CEVA in 2008 and most recently served as vice president, global Key Account Management, as well as the company’s interim leader of the European … [Read more...] about Fondevilla to head CEVA’s automotive biz
Fondevilla to head CEVA’s automotive biz
CEVA Logistics has appointed Antonio Fondevilla as executive vice president responsible for the company’s global Automotive sector. The automotive sector accounted for 24 per cent of the company’s annual revenue in 2014. Fondevilla has more than 20 years of supply chain management and automotive logistics experience. He joined CEVA in 2008 and most recently served as vice president, global Key Account Management, as well as the company’s interim leader of the European … [Read more...] about Fondevilla to head CEVA’s automotive biz
Thomas Lieb leaves Schenker AG
Thomas Lieb, chairman of management board of Schenker AG, will leave the company and the Deutsche Bahn Group effective 31 March 2015. Until a decision about his succession is made, Lutz Freytag, member of the management board of Schenker AG for Finance/ Controlling, will take over the position as Chairman of Management Board of Schenker AG on an interim basis. After studying business economics in Reutlingen and graduating Lieb obtained his Ph.D. at the Institut für … [Read more...] about Thomas Lieb leaves Schenker AG
New senior regional director at B&H Worldwide
Specialist logistics provider B&H Worldwide has announced the appointment of Doug Coull to the newly created position of senior degional firector. He joined the company in mid-2014 in a European capacity and has now been given a wider brief which will also include the Americas. Coull is a highly experienced senior executive who has previously served as UK operations director at DB Schenker and BAX Global as well as sales director at Exel in the UK. In his new role, he will continue to be … [Read more...] about New senior regional director at B&H Worldwide
New senior regional director at B&H Worldwide
Specialist logistics provider B&H Worldwide has announced the appointment of Doug Coull to the newly created position of senior degional firector. He joined the company in mid-2014 in a European capacity and has now been given a wider brief which will also include the Americas. Coull is a highly experienced senior executive who has previously served as UK operations director at DB Schenker and BAX Global as well as sales director at Exel in the UK. In his new role, he will continue to be … [Read more...] about New senior regional director at B&H Worldwide
