XPO Logistics is set to buy a majority interest in France-based logistics company Norbert Dentressangle and launch a tender offer for the remaining shares. Headquartered in Lyon, Norbert Dentressangle has 662 locations and approximately 42,350 employees. In a statement released on 28 April, XPO said that Norbert Dentressangle’s transportation and logistics services complement XPO’s offerings in contract logistics, freight brokerage and global forwarding. The total … [Read more...] about XPO Logistics to buy Norbert Dentressangle
contract logistics
CEVA announces two key appointments
CEVA Logistics has appointed two senior executives with deep sector-specific operations expertise to further drive its customer-focused contract logistics strategy. The two new senior additions to the global Contract Logistics operations organisation are Friso Bakker, senior vice president for Global Technology Operations, and Michel Vachey, senior vice president for Global Consumer and Retail Operations. Both executives report to Brett Bissell, CEVA’s chief operating officer for … [Read more...] about CEVA announces two key appointments
TNT wins contract renewal with AB Volvo
TNT has received a three-year contract renewal from the Swedish truck and bus maker AB Volvo for ‘inbound to production’ and aftermarket delivery services in Europe. TNT will continue to handle AB Volvo’s European emergency production movements. TNT collects automotive components and parts from more than 800 different suppliers in Europe and delivers them to AB Volvo’s production facilities in Sweden, Belgium, France and Poland. The service builds on TNT’s … [Read more...] about TNT wins contract renewal with AB Volvo
CEVA bags Xiaomi contract in Malaysia
CEVA Logistics has won a new contract with Xiaomi, the world's third largest smartphone manufacturer, to operate their warehouse and distribution in Malaysia. Xiaomi’s business strategy of selling products directly to consumers, primarily through their online site, Mi.com requires the company to have a strong supply chain management provider who understands e-commerce and is able to handle their distribution center’s logistics needs from end to end. Under the terms of this … [Read more...] about CEVA bags Xiaomi contract in Malaysia
APAC will form one-third of contract logistics market
Asia-Pacific is expected to account for over one-third of global contract logistics activity by 2017, according to a new report by consultants Transport Intelligence (Ti). The region is now more than just a major export region and now offers a variety of opportunities for shippers and logistics providers. While China remains the focal point for much of the region’s logistics activities, infrastructure projects – port and airport expansion, road and rail extension and … [Read more...] about APAC will form one-third of contract logistics market
DB Schenker’s Vietnam JV now fully owned
DB Schenker has strengthened its foothold in Vietnam’s logistics arena with the recent acquisition of the outstanding 49 per cent of the shares in its joint venture with Gemadept Logistics. Schenker Gemadept Logistics was formed in July 2007 to provide logistics and supply chain services through an agreement between Schenker Vietnam Co., Ltd. and Gemadept Logistics, with the former holding 51 per cent of shares and the latter with 49 per cent of shares. “DB Schenker has … [Read more...] about DB Schenker’s Vietnam JV now fully owned