CEVA Logistics has announced it has been awarded a three-year deal to manage and deliver LUSH products to its stores across the UK and Ireland. With this new agreement, CEVA will be responsible for moving the full range of items sold by LUSH. As a further part of the value-added solution, CEVA’s shared user network will be utilised to perform final mile delivery to almost 80 stores and ensure full visibility of all products as they are moved. “We are delighted to be working with LUSH Cosmetics as their official supply chain logistics provider. Our shared values mean LUSH will benefit from CEVA’s approach to minimising our combined impact on the environment through environmentally responsible logistics solutions. We will use our experience and expertise to deliver and add value to their supply chain operations and ensure a focus on continuous improvement,” Eddie Aston, CEVA’s UK, Ireland and Nordics Managing Director said. “CEVA really stood out during the tender process with their dedication and hard work to deliver precisely what we need across our distribution network. We are delighted to be working with them,’ Dan Payne, LUSH’s Logistics Manager said.
Shipping company CMA CGM has launched a cash offer to buy out other shareholders of CEVA Logistics. CMA CGM already owns just over 50% of CEVA, made up of shares and derivatives. The company’s current offer of CHF 30 (AUD 42) per share values the Swiss forwarder at AUD 2.33 billion, a tie-up aimed at boosting growth through economies of scale and cooperation. CEVA began developing a business plan to boost commercial cooperation and complementary services last year. At the time and following a rejected takeover bid in October by Danish freight company DSV, CMA CGM offered CHF 30 per share for the rest of the Swiss company,. CEVA Logistics’ board of directors said on Monday that while CMA CGM’s offer was “reasonable from a financial perspective” and “provides a fair exit opportunity”, they board did not recommend shareholders accept the offer as they expect CEVA will eventually be worth more as the two companies work together. The CEVA Board said the company’s true takeover value was at least CHF 40, due to an intensified business collaboration with CMA CGM potentially resulting in strong sales and revenue growth. CEVA Logistics shares rose 0.5 per cent to CHF 30 following the announcement.
CMA CGM has signed a new relationship agreement with CEVA Logistics to reinforce the industrial cooperation between the two companies. “We are convinced of CEVA Logistics’ potential. This industrial cooperation will make it possible to accelerate its required transformation and to make it a more profitable and efficient leader in logistics for the benefit of its clients, its employees and its shareholders. It reconfirms CMA CGM as the reference shareholder as well as its long-term partner,” Rodolphe Saadé, Chief Executive Officer of CMA CGM said. According to a joint press release, this agreement will make it possible for CEVA Logistics to accelerate its transformation by:
Bringing CMA CGM’s operational expertise and its experience in corporate transformations to help CEVA achieve its recovery plan faster and more efficiently.
Creating new commercial opportunities: as a leader in the sea transport sector with an international commercial network, CMA CGM will generate new opportunities for CEVA Logistics.
Adding value to the commercial complementarities between CEVA Logistics’ and CMA CGM’s freight management activities: CMA CGM will transfer its freight management activities to CEVA Logistics, thus strengthening the company and creating economies of scale.
Supporting CEVA Logistics’ reorganisation and development strategy: CMA CGM will support additional investments aiming – among other things- at implementing CEVA Logistics’ digital and IT transformation which will stimulate its commercial success and operational efficiency.
This industrial cooperation has received the full support of CEVA Logistics’ board of directors and management. It preserves CEVA Logistics’ assets and identity. The agreement signed between CMA CGM and CEVA also entails:
A removal of the drag along clause in the relationship agreement previously entered into
A voluntary public tender offer from CMA CGM, for a value of 30 CHF per share in cash, for the CEVA Logistics shareholders who wish to sell their shares despite the value creation potential from the industrial cooperation with CMA CGM, which will be pre-announced by November 30, 2018 at the latest.
Swinburne has partnered with international logistics and freight management company CEVA to co-create and co-deliver its Master of Supply Chain Innovation course in what the institute calls an Australian-first collaboration. The postgraduate course commenced earlier this year with the aim of upskilling those already working in the supply chain industry and ensuring new entrants into the discipline have the most up-to-date skills. Delivered through Swinburne’s Australian Graduate School of Entrepreneurship (AGSE), the Master of Supply Chain Innovation continues to build collaborative partnerships with industry that will prepare graduates for the future of supply chain management. Director of the AGSE Alexander Kaiser said this partnership is an important component in facilitating the delivery of industry-embedded postgraduate courses to Swinburne students. “We are delighted to forge this collaboration that will add great value to the AGSE’s Master of Supply Chain Innovation,” Mr Kaiser says. The partnership will see students working with CEVA on a core component of the degree, the Innovation in Transport and Logistics applied project unit. While being mentored by CEVA’s logistics experts, students will work with the company on real-world projects and produce practical solutions to its issues. With active university partnerships around the world in Asia, North America and the United Kingdom, this new relationship cements CEVA’s commitment to higher education links with industry. Director of the Master of Supply Chain Dr John Hopkins said this partnership in Australia will give students an invaluable insight into the current landscape of the industry. “At Swinburne, we believe that graduating career-ready means having a deep understanding of and connection with industry. This partnership will allow students to acquire contemporary skills aligned with the challenges that logistics companies face today,” he said.
Mirvac Group has announced it has signed kitchenware wholesale business Sheldon and Hammond at Calibre, its industrial development at Eastern Creek in New South Wales. Sheldon and Hammond has signed a ten-year lease for a 31,000m2 facility at Calibre, with construction due to have commenced during September 2017. The building comprises high clearance warehouse space and office space and an outdoor courtyard. Sheldon and Hammond is an importer and distributor of home and giftware brands. Mirvac Development Director, Industrial, Fabian Nager, said Sheldon and Hammond was seeking to consolidate its existing facilities in a strategic location, into a new purpose-built facility that reflected the quality of their offering and would support the evolution of the company. “The high quality and flexible design of this facility will cater to the growth that Sheldon and Hammond’s business is experiencing across Australia.” Located at the junction of the M4, M7 motorways and the Great Western Highway, Calibre’s location places Sheldon and Hammond at the centre of Australia’s supply network, with access to key freight routes through a multi directional signalised intersection constructed at the entry to the Calibre estate. Ken Angus, Managing Director, Sheldon and Hammond, said, “We chose Calibre, Eastern Creek not just because of its great location but because of the confidence we have in Mirvac delivering our facility on time and to a very high quality standard, which will be complimentary to our corporate brand.” “At Calibre, we’re continuing to push the boundaries of standard office and warehouse options, creating facilities that deliver long-term efficiencies for our customers and our portfolio,” said Nager. “As Australia’s supply & logistics, retail and manufacturing sectors adapt to current market changes, we’re delivering assets that help future proof our tenant’s businesses.” Sheldon and Hammond joins supply chain management company CEVA Logistics who relocated to Building 1 at Calibre earlier this year.
Ceva Logistics is celebrating two anniversaries in Australia this month, marking ten years of operations as Ceva Logistics, and the first anniversary of its new Australasian headquarters in Truganina, Victoria. Ceva was born in Australia from the merger of Australian transport company, Thomas Nationwide Transport (TNT), and Eagle Global Logistics in August 2007. Ceva is celebrating the milestone achievements with customers and staff across the country, starting with a staff event at Truganina hosted by Managing Director of Australia and New Zealand, Carlos Velez Rodriguez. “We are delighted to be able to celebrate two landmark achievements at the same time with our colleagues and customers,” said Velez Rodriguez. “I’d particularly like to pay tribute to our staff, be they working at this site or others in the Australia & New Zealand cluster, for their dedication and hard work in making this company the success it is today. A number of them have been with us for many more than the ten years we are marking today and we salute them all.”
CEVA Logistics has launched a new rail service linking Shilong in southern China’s Guangdong province to Hamburg in Germany. In conjunction with the Chinese state railway company, the new regular block trains will route Shilong, Manzhouli (China), Zabakalsky (Russia), Brest (Belarus), Malaszewicze (Poland) and Hamburg with a station-to-station lead time of 17-19 days. CEVA’s new year-round service will save customers up to 2 days in time compared with other routings and will also deliver cost savings as a result. CEVA first initiated its China-to-Europe rail services from Suzhou in 2010 and has built a network encompassing key Chinese cities through its ‘northern route’ operation including Suzhou, Changsha, Shenyang, Hefei, Chongqing, Chengdu, Zhengzhou and Wuhan to European destinations including Moscow, Warsaw, Lodz, Duisburg, Hamburg, Nuremburg and Tilburg. From there it uses its trucking network for onward delivery to major European cities. In addition to the new ‘southern route’ and its existing ‘northern route’, CEVA also operates a ‘middle route’ via Mongolia to Europe to shorten lead times during the winter months and peak season. CEVA operates both FCL and LCL services ex-China that are managed through its control tower in Shenzhen, with dedicated rail and road connection teams delivering service through a single contact point. They also provide users of this door-to-door service with 24/7 real time tracking through CEVA’s web portal to provide them with total visibility on the journey. “This new link further extends our comprehensive rail services between China and Europe and enables us to provide customers with a reliable, highly secure door-to-door service with real-time track and trace along the route,” said Kelvin Tang, CEVA’s head of cross border, Greater China.
Supply chain management company CEVA Logistics has signed a four-year lease at the Calibre industrial development – owned by property group Mirvac – at Eastern Creek, New South Wales. Construction of the building CEVA will occupy has yet to complete, though it will consist of approximately 18,000sqm of warehouse and 1,000 metres of office space, allowing CEVA to consolidate three existing warehouse operations from different locations into one. “As a world leading supply chain management company, CEVA will benefit from Calibre’s unmatched transport links. At the nexus of the M4 and M7 motorways, the site has a dedicated multi-directional signalised intersection connecting to major transport links,” said Stuart Penklis, Mirvac’s Group Executive, Industrial. “The advanced specification of the facility sets a new standard of quality and amenity for industrial estates in Australia, whilst delivering long-term efficiency and flexibility for CEVA,” he added. Penklis said that the state government investment in infrastructure is drawing large-scale users to Western Sydney. “The upgrade of the M5 Motorway and WestConnex has stimulated demand as it will improve access and connections between Western Sydney, Port Botany and Sydney CBD. Calibre is ideally placed adjacent to the motorway, catering for logistics and manufacturing occupiers looking to benefit from this investment in infrastructure.” Carlos Velez Rodriguez, Managing Director Australia and New Zealand, CEVA, said, “We’re very pleased to have secured the first facility at this new premium logistics hub. Calibre raises the bar for contemporary industrial estates, and the quality and design make it an exceptional opportunity to have secured. “This transaction allows us to consolidate from different locations across the state, creating a huge value proposition and bottom line efficiencies. Against the back drop of high demand for industrial sites in Sydney’s west, Calibre’s prime location makes it an unmatched opportunity.”
CEVA Logistics has officially opened its transport, distribution and logistics hub in Truganina. The facility is the largest in the southern hemisphere and will service clients including General Motors Holden, Continental Tyres, NBN Co, Michelin, Caltex, Accent Group and Mazda. The $80 million, 166,000 square metre supersite – equivalent to eight MCG playing fields – will employ 250 workers in Melbourne’s west and create around 40 new positions. CEVA will also operate Nissan Australia’s new state-of-the-art National Distribution Centre. CEVA joins other major companies such as NewCold Logistics, Border Express, Toll, Linfox, DB Schenker, Silk Logistics and Australia Post who’ve chosen Melbourne as the location for their corporate headquarters. In a press statement, Minister for Industry and Employment, Wade Noonan, welcomed the news. “Transport, distribution and logistics are some of Victoria’s most important industry sectors, contributing $21 billion annually to the state economy and employing around 260,000 people across Melbourne and regional Victoria,” he said. “The Andrews Labor Government will continue to support the logistics industry in Victoria – a huge contributor of jobs and economic opportunity state-wide.” “With Australia’s largest container port and a 24-hour, curfew free airport – it’s little wonder Melbourne has become the logistics capital of Australia” said Minister for Industry and Employment, Wade Noonan. “Transport, distribution and logistics are big sectors for our state, contributing billions to the Victorian economy and creating tens of thousands of jobs.” Member for Tarneit, Telmo Languiller added, “This is an exciting investment for the Truganina area, supporting local jobs and strengthening the state’s logistics industry.” CEVA employs more than 42,000 people in more than 160 different countries, including around 1,800 in Australia. The Sydney Morning Herald reported that Andrew Jenkinson, CEVA’s Vice President of contract logistics, announced that the group handles ‘reverse logistics’, transporting and dealing with defective items returned from stores or car dealerships and warranty issues or replacements of goods. “We’re very involved in their supply chain. We have assessors in every state who go and inspect and say it’s a genuine warranty claim or not. It’s all processed online.” Eight B-doubles will be able to unload at once at the new CEVA structures, on continuous loading docks with levellers. The structures feature 4,000sqm of rooftop solar panels, rainwater storage, smart movement-sensing lights that switch on and off automatically and technology including advanced racking, traffic management and material handling systems. The facility is also trialling forklifts motion sensors that detect the specially tagged safety vests one people walking nearby. This equipment can shut the forklifts down in case of accidents, and can also track their movements and cargo weight to increase efficiency. The 166,000sqm site is one of eight major sites on Australia’s east coast leased to CEVA by developer and builder Frasers Property Australia.