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BA: NEW LOWS ON THE RADARMAERSK: OUTPERFORMING DSV: WEEKLY UPDATE GM: AUTO WOES HERE TO STAY WMT: FULFILMENT AND MARKETPLACE APPEAL RXO: DOWN TO NEW EQUITY PRICING VALUEAMZN: UK DATA CENTRES INVESTMENTUPS: GERMAN BOLT-ON DEALAAPL: PAY YOUR DUESWTC: LOST FOR WORDS DSV: STEADY DOES ITRXO: COYOTE EQUITY FUNDING 'UPSIZED'RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEAL
BA: NEW LOWS ON THE RADARMAERSK: OUTPERFORMING DSV: WEEKLY UPDATE GM: AUTO WOES HERE TO STAY WMT: FULFILMENT AND MARKETPLACE APPEAL RXO: DOWN TO NEW EQUITY PRICING VALUEAMZN: UK DATA CENTRES INVESTMENTUPS: GERMAN BOLT-ON DEALAAPL: PAY YOUR DUESWTC: LOST FOR WORDS DSV: STEADY DOES ITRXO: COYOTE EQUITY FUNDING 'UPSIZED'RXO: RIGHTS ISSUEGXO: DEFENSIVEMAERSK: MSC RIVALRY INTENSIFIESWTC: REMARKABLY STRONG BA: LABOUR DEAL
PRESS RELEASE
Milan, Italy, 18 September, 2019 – CEVA Logistics has further extended its market-leading position in the Italian books market with the renewal of a long-standing contract with Milan-headquartered Messaggerie Libri (Me.Li) – the country’s leading distributor of editorial products. More than 600 publishing brands partner with Me.Li which has over 4,000 nationwide bookshops and stationery stores.
The two companies have been working in close collaboration since the signing of their first contract in 1999 and this new contract takes its extension to the end of December 2021 and also includes provision to negotiate a further long-term deal.
City of Books itself is a unique, green supply chain facility dedicated to the publishing sector. Covering more than 80,000 sq m, it can handle over 90 million books per annum. The site includes a photovoltaic plant with over 35,000 modules, covering an area of 6,500 sq m. This translates into 3,780 MWh annually, the equivalent to energy generated in 2,000 homes, saving on average of 1.6 million kg of CO2 emissions.
“Throughout our two decade long relationship with Me.Li we have sought to continuously innovate our contract logistics services in this highly specialist market”, says CEVA Logistics Managing Director Italy, Christophe Boustouller. “This new contract extension is testament to their long-term commitment to CEVA and its capabilities”.
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