FedEx-CMA CGM deal hints at new battle for air cargo capacity
When CMA CGM announced its $1.4bn acquisition of FedEx Supply Chain, most attention focused on the contract logistics business ...
GM: TRADING UPDATE OUTUPS: REMEMBER THE TAILWINDS PLD: NEW RELEASEPLD: OUCHVW: NEW PARTNERS SOUGHTEXPD: AIRCRAFT ON GROUND SERVICESTSLA: JUST AS VW STRUGGLESBA: NEW BIG ORDERBA: THE ORDERBOOK GROWSPLD: PUSHING FOR A DEAL PLD: TIME TO DEALEXPD: ANOTHER ALL-TIME HIGH CHRW: NEW RECORD DSV: AHEAD OF EARNINGS RELEASE JBHT: NEW HIGHS EVERYWHERE
GM: TRADING UPDATE OUTUPS: REMEMBER THE TAILWINDS PLD: NEW RELEASEPLD: OUCHVW: NEW PARTNERS SOUGHTEXPD: AIRCRAFT ON GROUND SERVICESTSLA: JUST AS VW STRUGGLESBA: NEW BIG ORDERBA: THE ORDERBOOK GROWSPLD: PUSHING FOR A DEAL PLD: TIME TO DEALEXPD: ANOTHER ALL-TIME HIGH CHRW: NEW RECORD DSV: AHEAD OF EARNINGS RELEASE JBHT: NEW HIGHS EVERYWHERE
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”.
For uninterrupted access, sign in or sign up to The Daily News, Premium or The Loadstar Enterprise Plan.
Comment on this article