CEVA Logistics, a subsidiary of the CMA CGM Group, has signed a new multi-year agreement to continue providing all logistics services for Scuderia Ferrari's cars and equipment during Grand Prix events, as well as for GT races and Ferrari Challenge events.

The global logistics and supply chain company in both freight management and contract logistics said as a Team Partner of Scuderia Ferrari, the CEVA Logistics logo will remain on Scuderia Ferrari's new 2024 single-seater, on the team's vehicles and on the equipment and clothing of the drivers and racing team.

Since 2022, CEVA Logistics said it has deployed its capacity for innovation by making all of its global logistics resources available to Scuderia Ferrari. 

CEVA has transported equipment around the world within the timeframes required to ensure the smooth running of the Scuderia Ferrari racing season.

For the 2024 Formula 1 World Championship — which will include 24 events worldwide starting on March 2 in Bahrain and ending on December 8 in Abu Dhabi — the company said its road, sea, air and rail transport is ready to support Ferrari.

"Decarbonization remains a major challenge and a stated objective for both companies," CEVA said, and as part of this commitment, in 2023, the company organised a world-first rail transport service to deliver Scuderia Ferrari's equipment between three North American Grand Prix, thus reducing the carbon footprint by 90% compared to air transport and by 32% compared to road transport alone.

"Since 2022, we have demonstrated that we have a lot in common with Ferrari ... Like Ferrari, we implement more sustainable solutions and reduce our environmental footprint," said Olivier Storch, deputy CEO of CEVA Logistics.