Supply Chain

CMA CGM ownership means we can maintain our culture, says Ceva

Ceva says its culture will not change for the worse following its takeover by French shipping line CMA CGM – and, in fact, the company will see improvements.
Managing director Benelux Bart Beeks said the company had a “simple strategic framework”, but it was also “all about values”.
“It starts with trust and respect,” he told delegates at the 3PL Supply Chain Summit in Brussels. “We have a passion for team players – …

The post CMA CGM ownership means we can maintain our culture, says Ceva...

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Shipper + 3PL + data sharing = more trust and a smoother supply chain

3PLs that collaborate with shippers on data will boost efficiency and see longer-lasting relationships with their customers.
“Logistics is still a people business, and personal relationships are important,” said Lorenzo Fornaroli, senior director global logistics strategy and operations at Huawei.
“But there is much easier access to data now. I see a lot that needs to be done in terms of trust and relationships in China, but collaboration [over data] brings success …

The post Shipper + 3PL +...

https://theloadstar.com/shipper-3pl-data-sharing-more-trust-and-a-smoother-supply-chain/

DP World reports growth across global container terminal network in Q3

DP World handled 17.7 million teu (twenty-foot equivalent units) across its global portfolio of container terminals in Q3 19, with gross container volumes growing 1.1% year on year on a like-for-like basis. It said Jebel Ali (UAE) handled 3.6 million teu in Q3, down 1.% year on year, as volumes stabilised following a shift of low-margin cargo. Growth in Asia and India remains robust with strong growth in ATI (Philippines), Qingdao …

The post DP World reports growth across global container...

https://theloadstar.com/dp-world-reports-growth-across-global-container-terminal-network-in-q3/

Investments deliver for UPS, producing greater volume and profits

UPS “knocked it out of the ball park”| with its latest quarterly earnings – a stark contrast to that of FedEx’s recent earnings in August, in which it blamed poor international growth and global trade friction for its poor numbers.
Perhaps in a big of dig at FedEx, UPS was extremely optimistic and made sure to emphasise in its earnings call that there were opportunities around the world despite trade wars, …

The post Investments deliver for UPS, producing greater volume and profits appeared...

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Supply chain radar: K+N doesn’t excite but that could change in a flash

There was little extra joy in Kuehne +Nagel’s third-quarter (Q3) and nine-month results (9M) for the bulls today, although the shares traded a whisker away from their 52-week highs of almost Sfr154 at the time of writing.
Its interim update was respectable and solid but well short of exceptional. Also, if you have followed our preview earlier this month, it was rather boring as far as the performance of its core air …

The post Supply chain radar: K+N doesn’t excite but that could change in a...

https://theloadstar.com/supply-chain-radar-kn-doesnt-excite-but-that-could-change-in-a-flash/

Tie-up with trade finance platform gives CMA CGM a new edge

CMA CGM wants to give shippers a cash-flow boost with its new range of import and export financing solutions, a new sign carriers are expanding beyond core shipping services.
The French carrier has partnered with Singapore-based fin-tech player Incomlend to launch Shipfin Trade Finance, which it claims will accelerate its strategy of “customer-centricity”.
Mathieu Friedberg, CMA CGM senior vice president for commercial agencies network, said: “We draw on our more than 40 years’ …

The post Tie-up...

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