NEWS & BLOG
Views: 27 Author: Site Editor Publish Time: 2022-09-22 Origin: Site
On September 20, CEVA Logistics issued an announcement on its official website, announcing that it signed Multi-year ocean capacity agreement with South Korean liner company HMM to strengthen the cooperation between shippers and carriers.
Under the new agreement, the partnership will continue until 2025. While HMM is already a partner of CEVA Logistics, the new agreement strengthens the partnership and raises the level of cooperation between the two parties.
CEVA Logistics, part of CMA CGM, is the world's leading third-party logistics company, providing a variety of solutions for global supply chains. In the list of the top 50 global ocean freight forwarders in 2022 published by Transport Topics, an authoritative magazine in the logistics industry, the company ranks 8th in ocean freight forwarders and 14th in air freight forwarders. (Read More:
As an NVOCC, CEVA Logistics provides full container (FCL) and less than container (LCL) transportation services in 237 countries and regions around the world, providing more than 60,000 port-to-port services and more than 600,000 door-to-door services door combination. In 2021, CEVA Logistics operated and managed about 1.4 million TEU of FCL and LCL ocean freight.
On July 25, 2022, CEVA Logistics completed the acquisition of GEFCO, a global supply chain solutions specialist and European automotive logistics service provider. The acquisition of Ingram Micro's CLS division has accelerated CEVA's supply chain capabilities in contract logistics and e-commerce expertise. The acquisition of GEFCO, which has extensive experience in the field of vehicle logistics and reusable packaging, has promoted the efficiency gain of CEVA's automotive logistics segment. With the addition of 12,000 new team members, CEVA's capabilities in automotive logistics, ground transportation and contract logistics are being strengthened, which means CEVA's integrated services and global intermodal network are unprecedented.
According to the latest data released by Alphaliner, as of September 21, 2022, HMM ranked 8th in the global capacity rankings, operating 76 vessels with a total capacity of 818,075TEU.
Stephane Gautrais, Global Leader of Ocean Freight, CEVA Logistics, said: "As the world's leading NVOCC, our position stems from our strong relationships with ocean carriers. Despite the challenging market, HMM has experienced a strong growth in the past few years. Their performance has proven to be a strong and reliable partner. This agreement will strengthen and expand the long-term strategic relationship we expect.”
Jeremy Choi, HMM's chief global trade management, commented: "CEVA Logistics has been proven and recognized for its performance as our long-term partner. We cherish the strategic relationship and business cooperation we have established over the years, and according to the agreement, we will work together to provide customers with Create and deliver more viable and efficient transportation solutions."