CEVA Logistics creates former GEFCO operation into Finished Vehicle organization
GEFCO’s remaining business, mostly in contract logistics and ground transportation, is being integrated into CEVA’s existing operations.
The GEFCO brand is now CEVA Logistics. As part of the merger with GEFCO, CEVA Logistics announced the formation of a dedicated Finished Vehicle Logistics (FVL) unit. The move follows the CMA CGM Group's acquisition of the French automobile logistics expert in July 2022.
CEVA Logistics provides a comprehensive variety of worldwide logistics and supply chain services, such as contract logistics and air, ocean, ground, and completed vehicle transport. With the purchase and integration of GEFCO, CEVA has grown to become the largest logistics firm in France and a global leader in automotive logistics solutions. In 2019, CEVA relocated its worldwide headquarters to Marseille.
GEFCO’s remaining business, mostly in contract logistics and ground transportation, is being integrated into CEVA’s existing operations. CEVA plans to finish integration activities and replace the GEFCO brand worldwide in 2023.
Long-time FVL expertise - The new product organization will be under the director of former GEFCO COO Emmanuel Cheremetinski. As the global product leader for finished vehicle logistics, Cheremetinski will lead a global team of approximately 4,000 employees.
GEFCO traces its roots back to 1949, when it was created by French automaker Peugeot. GEFCO’s former FVL division transported approximately 4 million vehicles a year using its fleet of 1,600 trucks, nearly 3,000 vehicle transport wagons and more than 100 vehicle compounds. CEVA’s existing FVL solutions in limited geographies have been integrated into the new product organization.
Leader in global automotive logistics -Prior to the GEFCO acquisition, CEVA already supported 14 of the top 15 global automotive manufacturers and many global automotive parts suppliers with logistics solutions, including inbound to manufacturing, component and aftermarket services. With the addition of full vehicle distribution and transport, CEVA can offer full lifecycle solutions to the global automotive industry.
Mathieu Friedberg, CEO, CEVA Logistics said, “Our promise of Responsive Logistics requires high levels of industry know-how, so we are growing in both scale and expertise to co-create value with our customers. With our new CEVA colleagues who came from GEFCO, we are able to offer extensive global capabilities to a wide range of industries, including the automotive industry. Backed by the CMA CGM Group, we expect our growth to continue as we target becoming a Top 3 global 3PL.”
Guillaume Col, Deputy CEO, Regions and Products, CEVA Logistics said, “With the automotive industry undergoing significant transformation, integrating a mature finished vehicle organization puts CEVA in a very strong position. With a unique depth of expertise and solutions at all stages of the automotive supply chain, we are already developing comprehensive, end-to-end solutions for this sector.”