Chris
CMA CGM has reached an agreement to acquire a stake of nearly 25% in Ceva Logistics for between 380 and 450 million Swiss francs £276m-327.5m). The shipping line said it aimed to grow its presence in the logistics sector, a business closely related to shipping.
Closing of the transaction remains subject to the completion of Ceva’s recently-announced IPO as well as regulatory approval.
Ceva is the currently the fifth global player in ...
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Portsmouth based cargo operator MMD Shipping Services has secured a 10-year agreement with international manufacturer MHI Vestas Offshore Wind.
The new deal involves handling wind turbine blades, which measure 80m long and weigh 35 tonnes.
It is expected to generate 48 smaller vessel movements from the spring, and a further 12 throughout ...
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The British Ports Association has written to the Prime Minister calling for funding guarantees for any new border facilities and digital infrastructure, which may be needed after the UK leaves the European Union. Ports with EU traffic will need to provide new facilities and digital infrastructure for government officials to ...
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DSV UK has been awarded a three-year contract with Marshall Aerospace and Defence Group. The logistics provider will manage Marshall’s international supply chain through all modes of transport, along with domestic distribution to and from the group’s head offices in Cambridge. The account will be managed 24 hours a day ...
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FTA Ireland has appointed Jerry Meredith as its new business service manager. He was previously at the Chartered Institute of Logistics and Transport (CILT), has more than 23 years' experience in operations management in the logistics and transport sector.
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Rotterdam-based Broekman Logistics has appointed Cor de Man as its general manager for its forwarding activities in the Netherlands and for project logistics. He has worked previously at Nedlloyd (Maersk), KPMG, UTi Worldwide and lately DSV.
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The TIR system is now operational in Pakistan, the IRU reports. It adds that, with Iran and Turkey having successfully completed digital TIR pilot operations and Pakistan’s capabilities to use digital TIR tools, the Istanbul-Tehran-Islamabad corridor has strong potential to benefit from fully digital operations.
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Turkish Airlines says its cargo traffic rose to55.614 tons in February, an increase of 37.8% year-on-year according to the latest figures from World ACD. The carrier also moved five places up the world rankings, into the seventh spot. Special cargo transport, up 52%, played a crucial role in its performance. ...
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Agility has launched Shipa Freight, which it describes as the first fully integrated online freight service that allows users to get rate quotes and book, pay and track ocean and air shipments. It provides instant, no-obligation rate quotes from countries that account for 95% of global trade and allows users ...
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Pentalver Transport has officially opened its expanded container facility at DP World London Gateway.
Pentalver, a subsidiary of Genesee & Wyoming, which also owns rail operator Freightliner opened the first phase in 2013. The expanded site adds 40% additional capacity and includes loaded and empty container storage, reefer and dry container ...
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