GEODIS

The GEODIS organization in six more countries has attained the Gender Equality European and International Standard (GEEIS)*. After intensive auditing and assessment by the Arborus Association for gender equality, international logistics provider’s operations in Argentina, Brazil, Chile, Colombia, Mexico and Peru have achieved the coveted standard for diversity and equal opportunity.

Joining its colleagues in nine other European and APAC countries, the Latin American elements of GEODIS have proven its commitment to the GEEIS workplace principles of benevolence, sharing, social innovation and excellence in service that result in equality between women and men.

In 2015, GEODIS originally aimed to achieve certification in 12 countries within 10 years. Today, GEODIS has far exceeded its goal and has now achieved the GEEIS certification in a total of 15 countries in its network two years ahead of schedule. The effort is part of GEODIS’ avowed mission to promote ongoing initiatives to create a culture of diversity, equality and inclusion throughout its work environment. This current achievement demonstrates high levels of employee engagement to ensure diverse voices, concerns and ideas are consistently heard.

“I am convinced that fostering diversity wherever we are present is an opportunity to develop the skills of our employees and improve our performance,” said Mario Ceccon, EVP of Group Human Resources at GEODIS. “The audit process is extensive and carried out on a country-by-country basis. The latest achievements by our colleagues in Latin America, therefore, are testimony to their commitment to these values at ground level. I look forward to more countries within our global family attaining the same GEEIS emblem in the future.”

* The GEEIS (Gender Equality European and International Standard) contributes to the promotion of a shared international culture of equal opportunities in the workplace. The standard is based on nine audit criteria to which correspond three levels, from the acknowledgment of a formal commitment on a criterion through to the continuous assessment of the criteria.

GEODIS – www.geodis.com    

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.

IATA accreditation demonstrates logistics provider’s commitment to safety and operational excellence

GEODIS, a world leader in transport and logistics, has secured International Air Transport Association (IATA) Center of Excellence for Independent Validators Lithium Batteries (CEIV Li-batt) certification in Hong Kong, as part of its continuous efforts to provide the best-in-class service and be the valued growth partner of choice for their clients.

This certification demonstrates GEODIS’ commitment to safety, security and compliance and positions it well to serve the growing demand of lithium batteries, which are increasingly being used in a wide variety of consumer goods, ranging from laptops, mobile phones to watches, vehicles and other devices.

With its strategic location, Hong Kong is a critical hub for GEODIS and serves as a key gateway into Asia Pacific and Mainland China. Hong Kong’s proximity and ease of cross border transportation makes it an ideal hub enabling the logistics provider to meet its clients’ requirement for flexibility, convenience, and speed for their global shipments in or out of China.

In 2021, GEODIS Hong Kong was accredited as an Authorized Economic Operator (AEO) by the Hong Kong Customs and Excise Department. AEO status recognizes the application of excellent security and safety procedures within the supply chain industry. GEODIS in Hong Kong provides logistical support to businesses across key verticals such as High-Tech, Retail, Fast-Moving Consumer Goods and Industrial Goods.

“GEODIS’ strategy is built on business and operational excellence. With the IATA CEIV Lithium Battery certification, our customers can be assured that their lithium battery shipments will be handled with the utmost care and adhere to the highest industry and security standards,” said Christopher Cahill, Sub-Regional Managing Director, North Asia, “This certification also demonstrates our unwavering commitment to health, safety and security.  The rigorous assessment required by this certification gives us the opportunity to continually review and ensure a safe environment for our people and operations.”

The certification process included training for employees, on-site assessments of operations and validation of documentation to stringent standards.

GEODIS – www.geodis.com    

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group. 

A year after it opened, the GEODIS site connected to the runways at Paris-Charles de Gaulle airport has been awarded CEIV Pharma certification, testifying to its excellence in the handling and air transport of pharmaceutical products.

Conferred by IATA, the International Air Transport Association, the CEIV Pharma (Center of Excellence for Independent Validators in Pharmaceutical Logistics) certification attests to GEODIS’s capabilities in transport and handling services for the pharmaceutical industry. The certification confirms the company’s excellence in safety, security and compliance.

The GEODIS site has already attracted a number of major names in the sector. With this certification, it intends to establish itself as a top-ranking player in the pharmaceutical sector. Located in cargo zone 4 of Europe’s second-largest airport, the state-of-the-art facility extends over 6,000 m² and includes two cold rooms (2/8° and 15/25°) for handling temperature-controlled products. With direct access to the runways and close to major highways, its prime location ensures that goods are transported smoothly.

Massimo Norcaro, CEO of GEODIS’s Freight Forwarding Line of Business in France, said: “CEIV certification is a guarantee of quality, confirming our expertise and our ability to handle the air transport of pharmaceutical products to their final destination, whether in France or round the world. It is proof of our complete mastery of the logistics chain, through the conformity of our facilities, equipment, operations and staff training, and it guarantees total product integrity.”

GEODIS – www.geodis.com    

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group. 

GEODIS, a world leader in transport and logistics, announced today that it has acquired the Swiss freight forwarder, ITS – International Transport & Shipping Ltd.

Marie-Christine Lombard, Chief Executive Officer of GEODIS, commented: “Switzerland is home to a wide number of multinational companies that are key GEODIS customers, among them several dynamic members of the pharmaceutical industry. Having acquired ITS, GEODIS is one step closer to its aim of completing a global end-to-end network to serve its customers.

Under the leadership of Massimo Bianco and Javier Sanchez, ITS has successfully developed into a trusted partner and special services expert for its customers. We look forward to welcoming ITS talented management and staff into GEODIS.”

ITS is an independent Swiss freight forwarder, founded in 1992 and headquartered in Reinach, in the canton of Basel-Country. ITS main offering is high-tech “special services”, organizing transport and logistics for dedicated projects and outsized equipment for the industrial, automotive and defense sectors. The company also provides standard ocean freight and general cargo services, as well as other ancillary services (oil and food, event logistics, artwork transportation, customs brokerage, etc.). ITS employs 26 people and reported revenues of CHF 58 million in 2022.

Massimo Bianco, Chief Executive Officer of ITS – International Transport & Shipping Ltd., said, “Our aim is to provide an even broader range of services to our customers across an extended geographical market.  This move, which combines our existing capabilities with GEODIS’ wealth of expertise and global footprint will help achieve that goal and assist all customers in navigating the complexities of an ever-changing supply chain environment.  We are therefore delighted to be joining GEODIS, with whom we share an ambition to constantly grow our business and that of our customers.” 

ITS will join the GEODIS Global Freight Forwarding line of business and will report into the Region EUROPE.

GEODIS übernimmt ITS – International Transport & Shipping Ltd. und baut sein Speditionsangebot in der Schweiz aus

GEODIS, einer der weltweit führenden Unternehmen im Transport- und Logistikbereich, gab heute die Übernahme des Schweizer Spediteurs ITS – International Transport & Shipping Ltd. bekannt.

Marie-Christine Lombard, CEO von GEODIS, erklärte dazu: „Zahlreiche multinationale Unternehmen, die wichtige GEODIS-Kunden sind, haben ihren Sitz in der Schweiz. Unter ihnen sind auch einige bedeutende Akteure aus der Pharmaindustrie. Mit der Übernahme von ITS ist GEODIS seinem Ziel, seinen Kunden ein weltweit lückenloses Netzwerk anzubieten, einen Schritt näher gekommen. Unter der Führung von Massimo Bianco und Javier Sanchez hat sich ITS erfolgreich zu einem bewährten Partner und spezialisierten Experten für seine Kunden entwickelt. Wir freuen uns darauf, das erfahrene Management-Team und die talentierten Mitarbeitenden von ITS bei GEODIS willkommen zu heißen.“

ITS ist ein unabhängiger, 1992 gegründeter, Schweizer Spediteur mit Hauptsitz in Reinach im Kanton Basel-Landschaft. Das Unternehmen bietet hauptsächlich spezialisierte Dienste für den High-Tech-Bereich an. Dabei geht es insbesondere um die Organisation von Transport und Logistik für dedizierte Projekte und überdimensionale Ausrüstung für die Industrie, den Automobilsektor und die Verteidigungsbranche. Das Unternehmen bietet auch standardmäßige Seefracht- und allgemeine Frachtdienstleistungen sowie sonstige Zusatzleistungen (Öl und Lebensmittel, Veranstaltungslogistik, Kunsttransporte, Zollabfertigung usw.) an. Insgesamt beschäftigt ITS 26 Mitarbeitende und meldete für das Jahr 2022 einen Umsatz in Höhe von 58 Millionen CHF.

Massimo Bianco, CEO von ITS – International Transport & Shipping Ltd., sagte: „Unser Ziel besteht darin, unseren Kunden in einem größeren geografischen Markt ein noch breiteres Spektrum an Dienstleistungen bereitzustellen. Mit der Übernahme werden unsere bestehenden Fähigkeiten durch die umfangreiche Kompetenz von GEODIS und dessen weltweite Präsenz ergänzt. Dieser Schritt wird dazu beitragen, unser Ziel zu erreichen und wird alle Kunden unterstützen, die komplexe Welt einer sich ständig ändernden Lieferkettenumgebung zu bewältigen. Wir sind daher sehr glücklich, nun ein Teil von GEODIS zu sein. Mit diesem Unternehmen teilen wir unser Bestreben, unser Geschäft wie auch das unserer Kunden kontinuierlich auszubauen.“

ITS wird sich dem Geschäftsbereich GEODIS Global Freight Forwarding anschließen und an die Region EUROPE berichten.

GEODIS – www.geodis.com    

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group. 

Leading project cargo forwarder GEODIS will exhibit at the world’s largest industry event for the sector, Breakbulk Europe 2023, from June 6th to 8th in Rotterdam.  GEODIS’ booth will be located in Hall 2 at 2F31.

Innovation is a key pillar of the services offered by GEODIS Project Logistics and a range of executive representatives will be in Rotterdam to demonstrate to visitors how sustainable solutions, skilled transport engineering and advances in digital technologies are employed to meet the client’s evolving supply chain challenges.

GEODIS delivers its Project Logistics services via offices located in more than 30 countries to all major industries. As a growth partner to its clients, the division serves customers with complex project moves, oversized shipments and extra-heavy transport requirements.  Its end-to-end solutions are tailored to each project and carried out within a strict no harm environment.

Breakbulk Europe provides a networking platform to generate new business and strengthen key existing relationships. It brings together industry decision makers in Rotterdam this June to drive the connections and innovation that support the completion of global projects. Breakbulk Europe has a truly international audience, representing over 120 countries​​​​​ under one roof.

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group. www.geodis.com    

GEODIS, a world leader in transport and logistics, announced today it has acquired Southern Companies, a leading drayage provider based in the U.S. that handles all phases of the import and export process. The acquisition enhances GEODIS’ end-to-end supply chain capabilities across the U.S., further strengthening its position as one of the world’s leading providers of logistics services.

Southern Companies is a family-owned business founded in Miami in 1965 and has moved more than 1 million containers. The company runs operating terminals serving seven key ports: Port of Miami, Port of Everglades, Port of Houston, Port of Jacksonville, Port of Tampa, Port of Savannah and Port of Charleston. Southern Companies provides a range of import and export services, including warehousing and trucking, to ensure customer goods are moving swiftly through the supply chain.

“The acquisition of Southern Companies represents an important addition to GEODIS as we continue to strengthen and grow our capabilities, our team and our client roster throughout the U.S.,” said Mike Honious, GEODIS in Americas President & CEO. “Southern Companies has been a leader in drayage services, from warehousing to trucking, for nearly six decades and operates in ports that are critical to our clients. From their people and culture to their expertise and capabilities, Southern Companies is an ideal fit for GEODIS and aligns perfectly with our Americas growth strategy.”

Jorge Mora, Owner & CEO of Southern Companies, said, “We have been relentlessly focused on import and export logistics, with a special emphasis on port operations, and have witnessed tremendous organic growth since our beginnings over 55 years ago. We understand the unique needs of our clients and have proven expertise in maintaining the highest standards of excellence while meeting the ever-changing demands of a growing international market. By combining our capabilities with GEODIS’ exceptional leadership, deep bench of experts and global footprint, we can expand our reach and provide an even broader range of services to our clients to help them navigate today’s complex supply chain landscape.”

The acquisition complements GEODIS in Americas’ existing transportation and warehousing capabilities, providing customers with an efficient and reliable end-to-end logistics solution. More than 80 employees spanning Southern Companies’ seven facilities throughout the Southeast will officially join GEODIS. With its Americas region headquartered in Brentwood, Tennessee, GEODIS currently operates more than 150 warehouse facilities for its clients with over 50 million square feet of warehousing space in the U.S. alone. GEODIS now has more than 17,000 employees across North America.

Financial details of the transaction were not disclosed.

GEODIS – www.geodis.com   

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.

The global logistics services provider GEODIS in Poland has received the accolade from Castorama Poland, a DIY and home improvement retailer, part of Kingfisher plc.

Castorama recently held its annual Conference for Suppliers in Warsaw, an event organized by Castorama, and singled out GEODIS in Poland for their high level of service and operational efficiency for leading Castorama’s logistics projects in the country.

The partnership between GEODIS and the leading DIY market supplier began in 2013 with the Road Network team now handling 760 thousand pallets a year, mainly through FTL services from Castorama’s hub warehouse to its stores throughout Poland. The further cross-dock (LTL) service is based on a network of 160 domestic and international suppliers spanning over 90 of these stores.

“We provide a wide range of value-added services for Castorama, including ADR transportation and temperature-controlled transport.” says Olivier Royer, Executive Vice President of GEODIS European Road Network activity. “We are very proud to receive this high-value award from Castorama which honors our partnership and our long-term cooperation with this valued customer. It shows once again that we are a reliable supplier for them.”

Based on a win-win strategy, this customer award recognizes GEODIS’ capacity to provide a custom-made solution, from initial preparation to implementation, advisory assistance, to KPI monitoring and reporting.

“The next steps, in order to continue building this trust and long-term business relationship, will be to make an assessment of potential opportunities throughout Castorama’s network, and to develop direct contacts with our client’s suppliers.” concludes Olivier Royer.

GEODIS – www.geodis.com

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked world no. 6 in its sector. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.

GEODIS announces the opening of a new eLogistics platform in the UK. GEODIS eLogistics, which was launched in 2020, supports e-retailers in outsourcing their logistics operations. It offers a complete logistics solution for order preparation and personalisation, inventory optimisation, transport organisation and returns management.

In April 2023, a new GEODIS eLogistics platform opened up in Coventry, United Kingdom. This 7,000 m² site is located in a strategic area allowing rapid distribution of products thanks to good transport links. It has the capacity to store more than 500,000 SKUs and to process up to 5,000 orders per day.

GEODIS’ eLogistics solution allows e-commerce companies of all sizes to efficiently outsource their logistics without the need for a large financial investment, thanks to shared multi-client warehouses and a more flexible contractual commitment. GEODIS eLogistics integrates seamlessly with the leading CMSs, ERPs and marketplaces. As soon as a buyer places an order online, the eLogistics teams take over the preparation and shipping of the order and any returns. E-merchants can track the progress of their business and their orders in real time thanks to the Visibility Portal, a digital platform at their disposal.

GEODIS now operates a total of six eLogistics platforms, located in the United States, France and the United Kingdom, with space also available in Germany, the Netherlands and Italy. A total of 40,000 m² of warehousing is dedicated to this offering. 

Jean-Pierre Juteau, head of GEODIS eLogistics Europe, said: “The eLogistics offering is the latest innovation from GEODIS. The opening of this new eLogistics facility in the UK will allow new webshops, marketplaces and other kinds of e-commerce platforms to develop their businesses in a new geographical zone close to local markets.”

The attached video gives a behind the scenes view of the eLogistics solution.

GEODIS – www.geodis.com

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specialises in five lines of business: Supply Chain Optimisation, Freight Forwarding, Contract Logistics, Distribution & Express and Road Transport. With a global network spanning nearly 170 countries and more than 49,000 employees, GEODIS is ranked world no. 7 in its sector. In 2022, GEODIS generated €13.7 billion in revenue.

A leader in Specialty Materials, ARKEMA has extended its partnership with GEODIS, signing a Standalone Customs Brokerage contract to provide both import and export customs clearance services across 15 countries in Europe.

One of the key objectives set by ARKEMA was to centralize the management of customs operations at European level with “best in class” customs processes. GEODIS responded with its digital customs solution which enables to improve trade compliance and security of ARKEMA’s Supply-Chain through its web portal, IRIS.

The resulting contract confirms both parties’ intention and mutual trust in building a long-term relationship reports Jérôme Chadeau, SVP Vertical Market Industrial at GEODIS. “The centralization of our client’s customs brokerage practices in Europe will contribute to improve regulatory compliance and operational efficiency in all the countries where ARKEMA’s subsidiaries, business units and production sites are located. This model allows for better control over customs activities across Europe, simplified and flexible customs operations management, and increased capability to monitor compliance and efficiency of customs operations” he said.

ARKEMA is structured into 3 complementary, resilient and highly innovative segments dedicated to Specialty Materials – Adhesive Solutions, Advanced Materials, and Coating Solutions – accounting for some 91% of Group sales in 2022, and a well-positioned and competitive Intermediates segment. The blending of these operational divisions helps create strong in-house synergies in terms of innovation.

Jean-Marc Viallatte, VP Supply Chain Group at Arkema explains the advantages of this corporate approach: “It offers us an outstanding ability to serve our customers in an attractive and diverse growing market. We have built on and continue to exploit our unique expertise in materials science to design materials addressing the ever-growing demand for innovative and sustainable materials. We therefore require a logistics partner who can provide flexible yet comprehensive customs brokerage services that are intelligent enough to adapt to the multi-faceted and ever-changing regulatory environment we see in Europe.  With GEODIS, we are sure we have found such a partner.”

GEODIS’ customs brokerage solution offers fast and secure customs clearance processing for ARKEMA’s international shipments, with 360° visibility and control of customs flows.  Through its IRIS digital platform KPIs, dashboards and customized reports on compliance topics tailored to ARKEMA’s specifications are shared on a dedicated SharePoint. 

Planned development of the partnership include plans to achieve the smooth integration of electronic data interchanges (EDI) into Arkema’s transportation management system, which will reinforce existing real-time tracking tools.

The awarding of this contract in Europe follows the recent celebration by GEODIS on receiving the ‘Strategic Carrier of ARKEMA China Award’ in 2023.  This was granted in recognition of concerted efforts by GEODIS to reinforce the client’s supply chain strategy in the region in 2022 and marks the third consecutive year in which GEODIS has been honored in such a way.

GEODIS – www.geodis.com

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Freight Forwarding, Contract Logistics, Distribution & Express, and Road Transport. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked world no. 6 in its sector. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.

ARKEMA – www.arkema.com

Building on its unique set of expertise in materials science, Arkema offers a portfolio of first-class technologies to address ever-growing demand for new and sustainable materials. With the ambition to become in 2024 a pure player in Specialty Materials, the Group is structured into 3 complementary, resilient and highly innovative segments dedicated to Specialty Materials – Adhesive Solutions, Advanced Materials, and Coating Solutions – accounting for some 91% of Group sales in 2022, and a well-positioned and competitive Intermediates segment. Arkema offers cutting-edge technological solutions to meet the challenges of, among other things, new energies, access to water, recycling, urbanization and mobility, and fosters a permanent dialogue with all its stakeholders. The Group reported sales of around € 11.5 billion in 2022, and operates in some 55 countries with 21,100 employees worldwide.

Global logistics provider GEODIS will showcase its Innovation Gallery as well as introducing its recently acquired trans-o-flex specialists in temperature-controlled supply chain. GEODIS’ exhibit will be located at B5.303/402 at TL Munich in the Messe Munchen Hall from 9^th to 12^th May.

GEODIS’ investment in innovation is central to its growth plans, and a high proportion of it will be focused on digitalization programs.  Developing technology in the digital arena will be fundamental to advancement in operational performance throughout the industry. 

The GEODIS Innovation Gallery will exhibit innovations from around the world, including warehouse automation, robotic picking and others, through a digital application integrated into our virtual reality headsets.

Some representatives of trans-o-flex, a leading German network for temperature-controlled pharmaceutical goods and express premium delivery, recently acquired by GEODIS will be on site to present the wide range of its services for time-critical moves providing fast, reliable and time-definite delivery service in Germany.

Every day a “French Hour” will be organized at the GEODIS booth from 3:30 to 4:30 pm. 

About transport logistic (TL) Munich:

transport logistic is the leading international trade fair for logistics, mobility, IT and supply chain management. Since 1978, it has been held every two years in Munich. Being considered the leading platform for international networking in the logistics industry, this four-day trade show offers innovative products, systems and technologies as well as a wealth of expert knowledge. transportlogistic.de

GEODIS – www.geodis.com    

GEODIS is a leading global logistics provider acknowledged for its expertise across all aspects of the supply chain. As a growth partner to its clients, GEODIS specializes in five lines of business: Supply Chain Optimization, Global Freight Forwarding, Global Contract Logistics, Distribution & Express, and European Road Network. With a global network spanning nearly 170 countries and more than 49,400 employees, GEODIS is ranked no. 6 in its sector across the world. In 2022, GEODIS generated €13.7 billion in revenue. GEODIS is a company owned by SNCF group.