CH Robinson to invest $1bn in technology – or just 1.2% of gross revenues

CH Robinson is to invest $1bn in technology and innovation, and related talent, over the next five years, doubling its previous $1bn investment spent over 10 years.
President and chief executive Bob Biesterfeld announced the decision yesterday, saying it would create “extreme value”.
“We are a platform-driven solutions company with technology built by and for supply chain experts, powered by our information advantage,” he said.
“It’s when these tools are leveraged by the smartest and …

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https://theloadstar.com/ch-robinson-to-invest-1bn-in-technology-or-just-1-2-of-gross-revenues/

Hauliers trapped in ports, 150 km queues, and a Catch 22 for business – UK government Brexit ‘plan’ laid bare

Brexit’s continuing comedy of errors may see drivers stranded in ports on both sides of the Channel as a result of the UK government’s ongoing failure to prepare and properly advise.   
Head of global and European policy at the FTA Pauline Bastidon told The Loadstar she fears drivers may be caught in a “Catch-22” as a result of divergent no-deal customs processes.   
“Under the plans, documentation for Calais-bound exports will be pre-lodged on IT systems, with the idea that …

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https://theloadstar.com/hauliers-trapped-in-ports-150-km-queues-and-a-catch-22-for-business-uk-government-brexit-plan-laid-bare/

M&A radar: DSV Panalpina – two more prominent PAN heads ‘fired’ as DSV’s superior model prevails

The hammering was to be expected ever since the very early days of the DSV Panalpina integration – the start of which I labelled as the Viking Ironclad Age, Part IV.
Two prominent Panalpina (PAN) heads who played crucial roles in the PAN centralised matrix structure, have been “fired”, according to my trade sources.
Empowerment by DSV rules these days, naturally.
Focus: jobs and growth creation
Before the fireworks on Tuesday (more below), I …

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Supply chain radar: Schenker rumoured to have approached CMA CGM ‘for parts’ of the group

The obvious question for most of my trade sources both in Europe and stateside is: did CMA CGM buy Ceva Logistics on a whim, given how the group’s consolidated financials look currently? Saying “they are horrible”, as one executive put it this week, would be an understatement – surely, the carrier needs help to monetise its likely upcoming divestment push, and swiftly.
Elsewhere, many others are fully focused on the fortunes of DB …

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M&A radar: DSV & Panalpina combined – here is the ‘air & sea regional management team’

“The recurrent themes are that at PAN morale is low because of the Swiss forwarder’s poor performance – which, incidentally, was confirmed (…) when it released its interim results. Over at DSV, employees – apart from one in America who believes he works for a German company – frequently say their careers are limited by, well, not being Danish.” – Mike Weir, Loadstar Premium, “You don’t have to be Danish to …

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M&A radar: DSV Panalpina – fear the boomerang effect on key accounts from top staff negotiations

In M&A, one rule of thumb is that there are no written rules of engagement when it comes to financial targets being met.
So I did my best to ignore the ongoing negotiations between DSV management and key Panalpina (PAN) staff about contracts, money and even severance packages. But this is a crucial point in the early days of integration between the two logistics providers and will be central for the …

The post M&A radar: DSV Panalpina – fear the boomerang effect on key accounts from top staff...

https://theloadstar.com/ma-radar-dsv-panalpina-fear-the-boomerang-effect-on-key-accounts-from-top-staff-negotiations/

P&O launches Tilbury-Calais service to beat Dover congestion

Brexit contingency measures continue to build within the UK’s supply chain with P&O announcing a new Tilbury-Calais ferry service.   
P&O’s chief executive Janette Bell said she was “delighted” with the launch, adding that the route would “strengthen” the company’s positions and provide access to a port 25 miles from London.   
“The route saves up to 75 road miles compared with the traditional Calais-Dover crossing, meaning that our customers save on fuel and land on the …

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https://theloadstar.com/po-launches-tilbury-calais-service-to-beat-dover-congestion/

DHL calls on Brazil to streamline taxes in a bid to boost supply chain efficiencies

Brazil’s government must streamline its tax systems to boost trade and reduce the overwhelming levels of congestion that have plagued its ports in recent years.  
Chief executive of DHL Supply Chain in Latin America, Javier Bilbao, said Brazil ranked among one of the most complicated countries in the world for logistics operators.   
“There are issues with geography and there is a lack of infrastructure encapsulated by poor quality roads away from the main centres,” he told The …

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https://theloadstar.com/dhl-calls-on-brazil-to-streamline-taxes-in-a-bid-to-boost-supply-chain-efficiencies/

CMA CGM appoints new chief financial officer for Ceva – in yet another switch

CMA CGM Group looks set to begin fixing its financial woes by appointing a new group deputy chief financial officer, Olivier Casanova (pictured), who will also become CFO for Ceva Logistics.  
He replaces “deal maker” Serge Corbel, who leaves Ceva after less than a year. It is not clear what Mr Corbel’s next move will be.  
The appointment could help boost CMA CGM’s financial options. CMA itself has seen several executive changes, with previous CFO Michel Delville staying at the shipping line...

https://theloadstar.com/cma-cgm-appoints-new-chief-financial-officer-for-ceva-in-yet-another-switch/

On the wires: DB Schenker sale ‘upcoming’? Or is it just business as usual?

“Deutsche Bahn increased its debts in 2019 and the German rail company is now €3bn ($3.3bn) short of meeting its financial obligations, according to a report by the Federal Court of Auditors.” – Deutsche Welle, 13 September 2019.
When in mid-June Deutsche Bahn (DB) CEO Richard Lutz said that DB Schenker was “an integral part of our group portfolio” – essentially dismissing the divestment of the subsidiary – I pointed out that …

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