GEFCO brand becomes CEVA Logistics

GEFCO brand becomes CEVA Logistics

With this change, CEVA Logistics announced the creation of a dedicated Finished Vehicle Logistics (FVL) organization as part of its integration of GEFCO. The move comes following the purchase of the French automotive logistics specialist in July 2022 by the CMA CGM Group.

CEVA Logistics includes global logistics and supply chain services, including contract logistics and air, ocean, ground, and finished vehicle transport. With the acquisition and integration of GEFCO, CEVA is now the largest France-based logistics company (CEVA moved its global headquarters to Marseille in 2019).

Mathieu Friedberg, the CEO, of CEVA Logistics, said: "With our new CEVA colleagues who came from GEFCO, we can 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, of Regions and Products, CEVA Logistics, added: “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.”

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’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.

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.

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