Talk:CEVA Logistics
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CEVA Logistics - updating intro, history timeline, facts and figures and references
editAs I understand that updating the CEVA Logistics Wikipedia page is essential to provide accurate, comprehensive, and timely information to a global audience here are my contributions to the discussion. My goal is to ensure that the page remains a valuable resource for anyone seeking to understand the company's history, operations, and impact on the logistics and supply chain sector.
Introduction
(Replace the current introduction with a more factual, less wordy one.)
CEVA Logistics is a global logistics and supply chain company that operates both freight management and contract logistics.
It was purchased by the CMA CGM group in 2019. Since this purchase, CMA CGM has acquired other logistics and transportation companies to merge with and develop CEVA Logistics, such as Ingram Micro Commerce & Lifecycle Services and GEFCO.
In 2022, CEVA Logistics was in more than 170 countries, employed 110,000 people at 1,300 sites, and managed 10.3 million square meters across 900 warehouses. CEVA Logistics has a pro forma 2022 revenue of US$18.7 billion.
History
(Add a comprehensive and detailed historical timeline)
1.Origins
1946
Ken Thomas founded Thomas Nationwide Transport (TNT) in Australia with a single truck. Over the next 50 years, TNT gained a worldwide reputation, particularly in contract logistics.
1984
EGL was created in Houston, Texas, and within 15 years, had become a global force in cargo management, with a presence in more than 100 countries.
1996
TNT was acquired by the Dutch company KPN and was divided into three divisions: Logistics, Express, and Post.
2006
TNT sold its logistics division to Apollo Global management.
2007
TNT Logistics was merged with EGL Eagle Global Logistics, and the new company was named CEVA Logistics (1).
2014
Since 2014, CEVA Logistics has undergone various business transformations until its IPO in 2018.
2018
CEVA Logistics was listed on the SIX Swiss Stock Exchange (2)
2019
August
Acquisition by CMA CGM, a global shipping group, to form a strategic partnership to offer end-to-end solutions to their partners. CEVA Logistics became a fully-owned subsidiary of CMA CGM (3).
July
CEVA Logistics unveiled its new logo and brand identity.
October
CMA CGM’s cargo management activities (including CClog, LCL Logistix, ANL Log) and USL cargo services (CClog) fell under the aegis of CEVA. CEVA is delisted from the SIX Swiss Exchange.
November
Inauguration of CEVA Logistics new headquarters in Marseille (4).
2020
January
Mathieu Friedberg was appointed CEO of CEVA Logistics.
June
CEVA Logistics acquires AMI Worldwide, a reference logistics solutions provider in Africa, offering mainly connections with India, the Middle East, and China.
2021
June
Gartner positions CEVA Logistics in the Leaders corner of the 2021 Magic Quadrant Third-Party Logistics Worldwide.
2022
April
CEVA Logistics has completed the acquisition of most of the Ingram Micro Commerce & Lifecycle Services (CLS) business and leading last mile provider Colis Privé.
July
CEVA Logistics has completed the acquisition of GEFCO and continues Africa expansion with the Spedag Interfreight acquisition.
2. Purchase by CMA CGM and developments
(Add a detail section about the major purchases and it’s results)
In March 2019, CEVA Logistics was acquired by the French group CMA CGM (3), the world's third-largest container transportation and shipping company, to complete its service range with activities in logistics.
Since then, CMA CGM has purchased other logistics and transportation companies to merge them with CEVA Logistics: on December 8th, 2021, it confirmed the acquisition of Ingram Micro Commerce & Lifecycle Services (5), a US-based specialist in contract logistics and e-commerce.
In 2022, CMA CGM bought Colis Privé (6) to strengthen CEVA Logistics in last-mile kilometer delivery and GEFCO (7 and 8), a European leader in the automotive logistics market.
3. Activities
CEVA Logistics operates in the following areas: air freight, ocean freight, ground freight, and contract logistics.
It's clients come from various sectors, including automotive, healthcare, consumer & retail, eCommerce, technology, energy, trade show logistics, and industrial & aerospace.
4. Partnership with Scuderia Ferrari
In 2022, CEVA Logistics announced the partnership with Ferrari as the official logistics partner (9), providing logistics support services for the Scuderia Ferrari cars and equipment for Grand Prix events, GT racing series, and other Ferrari Challenge events.
5. Key figures
· Number of employees – (where you read 98,000 replace by) 110,000
· Number of locations – (where you read 800 replace by) 1,300
(Add)
· Revenue – US$18.7B (pro forma)
· Managed 10.3 million square meters across 900 warehouses
· Handled 522,000 tons of air freight
· Shipped 1,250,000 TEUs of ocean freight
· Managed 22,500,000 shipments of ground freight via trucking and rail solutions
· Transported 3,700,000 finished vehicles
More References
(adding more references to own-up to the commitment to transparency, accountability, and the pursuit of knowledge)
1. Les Echos
2. SIX
https://www.six-group.com/en/products-services/the-swiss-stock-exchange/market-data/shares/ipo-history/2018/CH0413237394.html
3. La Provence
4. The Maritime Executive
https://maritime-executive.com/article/ceva-logistics-opens-new-headquarters-in-marseille
5. Capital
6. Usine Nouvelle
7. Le Monde
8. Les Echos
9. Usine Nouvelle
10. Logistics Management
https://www.logisticsmgmt.com/article/top_25_freight_forwarders_challenges_beget_opportunities
11. Freightwaves
https://www.freightwaves.com/news/apollo-management-to-buy-tnt-logistics
12. AJOTA
https://www.ajot.com/news/tnt-to-sell-logistics-division-to-apollo-management-l.p
13. Logistics Online
https://www.logisticsonline.com/doc/ceva-announces-completion-of-merger-with-egl-0001
14. Fleetowner
https://www.fleetowner.com/operations/article/21675133/logistics-giants-merge
15. Reuters
https://www.reuters.com/article/us-ceva-logistics-m-a-cmacgm-idUSKCN1PM0FZ
16. Supply Chain Dive
https://www.supplychaindive.com/news/CMA-CGM-public-tender-offer-CEVA/548355/
17. Global Trailer
https://www.globaltrailermag.com/2022/04/11/cma-cgm-acquires-last-mile-provider/
18. AirCargoNews
19. Automotive Logistics
Update
editHi, Ceva Logistics contacted me to offer payment in exchange for updating the Wikipedia page of CEVA Logistics, strictly adhering to the best practices defined by the encyclopedia. I have endeavored to maintain a neutral point of view and substantiate all information provided. If there are any problematic elements, I am available here or on my talk page for discussion. Best regards. NDrbs (talk) 08:26, 28 February 2024 (UTC)
Request to add
editCeva Logistics contacted me (paid contribution) due to the lack of consideration of the suggested page modifications. I explained that indeed, these suggestions did not meet Wikipedia's expectations. Therefore, I am proposing the following modifications that adhere to the expectations in both form and content.
The current version of the page lacks structure. Many secondary sources are missing to support the claims. Some numbers in the infobox are not up to date. Here are the modifications I believe are relevant to make. Given my conflict of interest, I am therefore requesting the intervention of a third party if these modifications seem justified to you.
@CNMall41 I welcome your review, if you have time.
MY PROPOSAL
Company type | Subsidiary |
---|---|
Industry | Logistics |
Predecessor | TNT Logistics, EGL Eagle Global Logistics |
Founded | 2007 |
Headquarters | Marseille, France |
Number of locations | 1300 locations |
Area served | Worldwide |
Revenue | US$18.7B |
Owner | Group CMA CGM |
Number of employees | 110,000 |
Website | cevalogistics.com |
CEVA Logistics is a global logistics and supply chain company that operates both freight management and contract logistics.
It was purchased by the CMA CGM group in 2019. Since this purchase, CMA CGM has acquired other logistics and transportation companies to merge with and develop CEVA Logistics, such as Ingram Micro Commerce & Lifecycle Services and GEFCO.
In 2022, CEVA Logistics was in more than 170 countries, employed 110,000 people at 1,300 sites, and managed 10.3 million square meters across 900 warehouses. CEVA Logistics has a pro forma 2022 revenue of US$18.7 billion.
History
editOrigins
editCeva Logistics was founded in 2007, as a merger of TNT Logistics and EGL Eagle Global Logistics.[1]
Ken Thomas founded Thomas Nationwide Transport (TNT) in Australia in 1946, with a single truck. Over the next 50 years, TNT gained a worldwide reputation, particularly in contract logistics.[2]
EGL was created in 1984 in Houston, Texas, and within 15 years, had become a global force in cargo management.[3]
Development and acquisitions
editSince 2014, CEVA Logistics underwent various business transformations before its IPO in 2018.[4]
In 2018, CEVA Logistics was listed on the SIX Swiss Stock Exchange.[5]
In March 2019, CEVA Logistics was acquired by the French group CMA CGM, the world's third-largest container transportation and shipping company, to complete its service range with activities in logistics. CEVA’s headquarters moved from Switzerland to Marseille, France.[6]
In 2020, Mathieu Friedberg was appointed CEO of CEVA Logistics.[7] The company acquired AMI Worldwide, a logistics solutions provider in Africa, offering connections with India, the Middle East, and China.[8]
Gartner positions CEVA Logistics in the Leaders corner of the 2021 Magic Quadrant Third-Party Logistics Worldwide.[9]
In 2022, CEVA Logistics finalized the acquisition of the Ingram Micro Commerce & Lifecycle Services (CLS)[10], Colis Privé[11], GEFCO[12] and Spedag Interfreight.[13]
Partnership with Scuderia Ferrari
editIn 2022, CEVA Logistics announced a partnership with Ferrari as its official logistics partner[14], providing logistics support services for the Scuderia Ferrari cars and equipment for Grand Prix events, GT racing series, and other Ferrari Challenge events. CEVA Logistics renewed the Ferrari partnership in 2023 and again in 2024.[15]
Activities
editCEVA Logistics operates in the following areas: air freight, ocean freight, ground freight, finished vehicle logistics and contract logistics.[16]
Its clients come from various sectors, including; automotive[17], healthcare[18], consumer & retail, eCommerce[19], technology, energy[20], trade show logistics, and industrial & aerospace[21].
References
edit- ^ Molga, Paul (October 26, 2018). "Avec Ceva, CMA CGM se renforce dans la logistique terrestre". lesechos.fr.
- ^ KW Thomas Now Named Thomas Nationwide Transport Truck & Bus Transportation September 1958 page 80
- ^ Hanford, Desiree J. (Jan 1, 2007). "Houston-based EGL Eagle Global Logistics gets buyout offer". mrt.com.
- ^ Port Technology Team (November 26, 2018). "CEVA Logistics Unveils Transformation Plan". porttechnology.org.
- ^ "Ceva Logistics Completes IPO, Shares Traded on SIX Swiss Exchange". ttnews.com. May 4, 2018.
- ^ Crozel, Jean-Luc (10 April 2019). "Marseille : CMA CGM boucle le rachat de Ceva et change de taille". laprovence.com.
- ^ Vestergaard, Trine (24 June 2020). "Ceva aims for profit in 2020 despite coronavirus: "We just have to fight harder"". SHIPPINGWATCH.
- ^ "Ceva Logistics (CMA CGM) rachète AMI Worldwide". Africabusiness+. 28 May 2020.
- ^ Pakulniewicz, Michal (7 July 2021). "Gartner's "Magic Quadrant" shows a crowded logistics elite with no visionaries". trans.info.
- ^ "L'armateur CMA CGM va devenir "un acteur clé de l'e-commerce" grâce à une grosse acquisition !". Capital. 8 December 2021.
- ^ "CMA CGM rachète Colis Privé pour accélérer dans le e-commerce". L'usine nouvelle. 1 February 2022.
- ^ "CMA CGM en passe de racheter le transporteur français Gefco, détenu à 75 % par la société des chemins de fer russes". Le Monde. 1 April 2022.
- ^ "Ceva Logistics s'offre Spedag Interfreight East Africa". Supply Chaine Magazine. 26 August 2022.
- ^ "Logistique : CMA CGM officialise le rachat de Gefco". Les Échos. 8 April 2022.
- ^ "Scuderia Ferrari Extends Partnership With Team Partner CEVA Logistics". 26 January 2024.
- ^ "CEVA Logistics creates ground transportation division". Air Cargo Week. 15 January 2016.
- ^ "Top 5 Vendors in the Automotive Spare Parts Logistics Market from 2016 to 2020: Technavio". Business Wire. 23 November 2016.
- ^ "CEVA Logistics appoints Niels van Namen as global head of healthcare business". Transport & Logistics. 18 October 2019.
- ^ Digitale, Usine (2023-10-05). "E-commerce : Fnac Darty et Ceva Logistics veulent créer un géant de la logistique". L'Usine Digitale (in French).
- ^ Finn, Ryan (2023-04-20). "CEVA Logistics commits to Reduced Carbon Footprint". Logistics Manager. Retrieved 2024-02-27.
- ^ Marle, Gavin van (2016-05-20). "Alain Souto named VP for CEVA's aerospace contract logistics". The Loadstar. Retrieved 2024-02-27.
External links
editRequest to add: New version
edit@HighKing Thank you for your vigilance! You are right, some sources confirming the notability were overlooked. Here is a new version including these important references and better retaining certain passages from the original page. Do you think it is possible to upload this new version online? (I won't do it myself due to the conflict of interest, as suggested by @CNMall41.)
- NDrbs, so long as it is approved on the Talk page, you can upload it yourself. I'm happy for you to upload this version - maybe wait to see if CNMall41 has any further comments first. HighKing++ 16:11, 4 March 2024 (UTC)
- @HighKing Thank you very much for this feedback. I will wait for 7 days, and if there are no objections, I will proceed to upload it myself. Best, NDrbs (talk) 16:51, 4 March 2024 (UTC)
- @NDrbs:, @HighKing:, give me a day or so and I will look closer at everything. As long as its NPOV and the content is verifiable there shouldn't be an issue. I will go ahead and incorporate. --CNMall41 (talk) 18:16, 4 March 2024 (UTC)
- This was actually better than most written COI requests. I started to copy over line by line but found it easier to copy everything and then back out anything I felt didn't belong. Have a look at the edit comments and let me know if you have any questions. The one edit that could likely be added back was the unsourced sentence cut from the lead which is not cited in the body. --CNMall41 (talk) 19:22, 4 March 2024 (UTC)
- @CNMall41 @HighKing Thank you both very much for your responsiveness and expertise. It looks great to me this way. Best, NDrbs (talk) 20:18, 4 March 2024 (UTC)
- This was actually better than most written COI requests. I started to copy over line by line but found it easier to copy everything and then back out anything I felt didn't belong. Have a look at the edit comments and let me know if you have any questions. The one edit that could likely be added back was the unsourced sentence cut from the lead which is not cited in the body. --CNMall41 (talk) 19:22, 4 March 2024 (UTC)
- @NDrbs:, @HighKing:, give me a day or so and I will look closer at everything. As long as its NPOV and the content is verifiable there shouldn't be an issue. I will go ahead and incorporate. --CNMall41 (talk) 18:16, 4 March 2024 (UTC)
______New version _______
Company type | Subsidiary |
---|---|
Industry | Logistics |
Predecessor | TNT Logistics, EGL Eagle Global Logistics |
Founded | 2007 |
Headquarters | Marseille, France |
Number of locations | 1300 locations |
Area served | Worldwide |
Revenue | US$18.7B |
Owner | Group CMA CGM |
Number of employees | 110,000 |
Website | cevalogistics.com |
CEVA Logistics is a global logistics and supply chain company that operates both freight management and contract logistics.
It was purchased by the CMA CGM group in 2019. Since this purchase, CMA CGM has acquired other logistics and transportation companies to merge with and develop CEVA Logistics, such as Ingram Micro Commerce & Lifecycle Services and GEFCO.
In 2022, CEVA Logistics was in more than 170 countries, employed 110,000 people at 1,300 sites, and managed 10.3 million square meters across 900 warehouses. CEVA Logistics has a pro forma 2022 revenue of US$18.7 billion.
History
editOrigins
editCeva Logistics was founded in 2007, as a merger of TNT Logistics and EGL Eagle Global Logistics.[1][2] After the merger, CEVA Logistics became the 4th largest global third party logistic (3PL) company.
Ken Thomas founded Thomas Nationwide Transport (TNT) in Australia in 1946, with a single truck. Over the next 50 years, TNT gained a worldwide reputation, particularly in contract logistics.[4]
EGL was created in 1984 in Houston, Texas, and within 15 years, had become a global force in cargo management.[5]
Development and acquisitions
editSince 2014, CEVA Logistics underwent various business transformations before its IPO in 2018.[6]
In 2016, 3PL revenues in China amounted to US$166.7 billion. Research firm Technavio positioned Ceva Logistics as the 4th largest firm with gross revenues of US$1.2 billion, net revenues of US$706 million and 1% of total market share.[7]
In 2018, CEVA Logistics was listed on the SIX Swiss Stock Exchange.[8][9] The company acquired also Spedimacc, a logistics firm specialising in the transport of fragile and valuable goods and helped Ceva Logistics reach 20% of the Italian market.[10][11]
In March 2019, CEVA Logistics was acquired by the French group CMA CGM, the world's third-largest container transportation and shipping company, to complete its service range with activities in logistics. CEVA’s headquarters moved from Switzerland to Marseille, France.[12]
In 2020, Mathieu Friedberg was appointed CEO of CEVA Logistics.[13] The company acquired AMI Worldwide, a logistics solutions provider in Africa, offering connections with India, the Middle East, and China.[14][15]
Gartner positions CEVA Logistics in the Leaders corner of the 2021 Magic Quadrant Third-Party Logistics Worldwide.[16]
In 2021, CEVA had 98,000 employees working in 6 regions operating from 160 countries.[17][18][19]
In 2022, CEVA Logistics finalized the acquisition of the Ingram Micro Commerce & Lifecycle Services (CLS)[20], Colis Privé[21], GEFCO[22] and Spedag Interfreight.[23]
Partnership with Scuderia Ferrari
editIn 2022, CEVA Logistics announced a partnership with Ferrari as its official logistics partner[24], providing logistics support services for the Scuderia Ferrari cars and equipment for Grand Prix events, GT racing series, and other Ferrari Challenge events. CEVA Logistics renewed the Ferrari partnership in 2023 and again in 2024.[25]
Activities
editCEVA Logistics operates in the following areas: air freight, ocean freight, ground freight, finished vehicle logistics and contract logistics.[26]
Its clients come from various sectors, including; automotive[27], healthcare[28], consumer & retail, eCommerce[29], technology, energy[30], trade show logistics, and industrial & aerospace[31].
References
edit- ^ Molga, Paul (October 26, 2018). "Avec Ceva, CMA CGM se renforce dans la logistique terrestre". lesechos.fr.
- ^ Manners-Bell, John (2014). Global Logistics Strategies. London: Kogan Page. ISBN 978-0-7494-7023-4.
- ^ Chen, Ivy S. N.; Luk, Sherriff T. K.; Tao, Jinghui (2019). "Kerry Logistics — Paving the New Silk Road". Asian Case Research Journal. 23 (01). World Scientific Pub Co Pte Lt: 153–191. doi:10.1142/s0218927519500068. ISSN 0218-9275.
- ^ KW Thomas Now Named Thomas Nationwide Transport Truck & Bus Transportation September 1958 page 80
- ^ Hanford, Desiree J. (Jan 1, 2007). "Houston-based EGL Eagle Global Logistics gets buyout offer". mrt.com.
- ^ Port Technology Team (November 26, 2018). "CEVA Logistics Unveils Transformation Plan". porttechnology.org.
- ^ "Ceva Logistics Completes IPO, Shares Traded on SIX Swiss Exchange". ttnews.com. May 4, 2018.
- ^ "CEVA Logistics AG: CEVA celebrates first day of trading on SIX Swiss Exchange - dgap.de". www.dgap.de. Munich, Germany: EQS Group AG. Retrieved 2018-06-14.
- ^ Maggi, Elena; Mariotti, Ilaria (2010). "Logistics FDI in Italy: integration strategies and motivations" (PDF). European Transport Research Review. 2 (1). Springer Science and Business Media LLC: 13–24. doi:10.1007/s12544-010-0024-3. ISSN 1867-0717.
- ^ Yazdani, Morteza; Pamucar, Dragan; Chatterjee, Prasenjit; Chakraborty, Shankar (2019-08-13). "Development of a decision support framework for sustainable freight transport system evaluation using rough numbers". International Journal of Production Research. 58 (14). Informa UK Limited: 4325–4351. doi:10.1080/00207543.2019.1651945. ISSN 0020-7543.
- ^ Crozel, Jean-Luc (10 April 2019). "Marseille : CMA CGM boucle le rachat de Ceva et change de taille". laprovence.com.
- ^ Vestergaard, Trine (24 June 2020). "Ceva aims for profit in 2020 despite coronavirus: "We just have to fight harder"". SHIPPINGWATCH.
- ^ "Ceva Logistics (CMA CGM) rachète AMI Worldwide". Africabusiness+. 28 May 2020.
- ^ "CEVA Logistics expands in Africa". Global Cargo News. 15 June 2020. Archived from the original on 4 July 2020. Retrieved 2 July 2020.
- ^ Pakulniewicz, Michal (7 July 2021). "Gartner's "Magic Quadrant" shows a crowded logistics elite with no visionaries". trans.info.
- ^ Suldina, Galina; Sulyagina, Julia; Eroshkin, Sergey; Sorokina, Anastasia (2020-09-01). "Specifics of global governance in transnational transport corporations". IOP Conference Series: Materials Science and Engineering. 918 (1). IOP Publishing: 012199. doi:10.1088/1757-899x/918/1/012199. ISSN 1757-8981.
- ^ Scott, Chaunda L. (2012), Handbook of Research on Workforce Diversity in a Global Society: Technologies and Concepts: Technologies and Concepts, IGI Global, p. 306, ISBN 978-1-4666-1813-8
- ^ "CEVA Logistics AG: CEVA celebrates first day of trading on SIX Swiss Exchange - dgap.de". www.dgap.de. Munich, Germany: EQS Group AG. Retrieved 2018-06-14.
- ^ "L'armateur CMA CGM va devenir "un acteur clé de l'e-commerce" grâce à une grosse acquisition !". Capital. 8 December 2021.
- ^ "CMA CGM rachète Colis Privé pour accélérer dans le e-commerce". L'usine nouvelle. 1 February 2022.
- ^ "CMA CGM en passe de racheter le transporteur français Gefco, détenu à 75 % par la société des chemins de fer russes". Le Monde. 1 April 2022.
- ^ "Ceva Logistics s'offre Spedag Interfreight East Africa". Supply Chaine Magazine. 26 August 2022.
- ^ "Logistique : CMA CGM officialise le rachat de Gefco". Les Échos. 8 April 2022.
- ^ "Scuderia Ferrari Extends Partnership With Team Partner CEVA Logistics". 26 January 2024.
- ^ "CEVA Logistics creates ground transportation division". Air Cargo Week. 15 January 2016.
- ^ "Top 5 Vendors in the Automotive Spare Parts Logistics Market from 2016 to 2020: Technavio". Business Wire. 23 November 2016.
- ^ "CEVA Logistics appoints Niels van Namen as global head of healthcare business". Transport & Logistics. 18 October 2019.
- ^ Digitale, Usine (2023-10-05). "E-commerce : Fnac Darty et Ceva Logistics veulent créer un géant de la logistique". L'Usine Digitale (in French).
- ^ Finn, Ryan (2023-04-20). "CEVA Logistics commits to Reduced Carbon Footprint". Logistics Manager. Retrieved 2024-02-27.
- ^ Marle, Gavin van (2016-05-20). "Alain Souto named VP for CEVA's aerospace contract logistics". The Loadstar. Retrieved 2024-02-27.