CEVA Logistics

CEVA Logistics

Founded in 2007 after the merger of TNT Logistics with EGL Eagle Global Logistics, CEVA Logistics, a non-asset based supply chain management company, has its headquarters in Hoofddorp, Netherlands.

CEVA Logistics’ 49,000 employees in over 1,000 offices provide freight forwarding, contract logistics, and transportation and distribution management services. The private equity firm Apollo Management, L.P., owns the majority of CEVA’s shares.

In 2013, CEVA Logistics earned $8.5 billion in revenue, a decline of $700 million, or 8.3 percent, from 2012’s $9.3 billion. On April 2, the company withdrew a planned IPODespite these losses, CEVA Logistics holds the No. 5 spot in JOC’s ranking of the Top 40 Global 3PLs.

The lion’s share of CEVA Logistics’ revenue originates in Europe, although CEVA can be found in more than 170 countries. Most of its revenue is derived from contract logistics. CEVA primarily serves the automotive, retail, technological, and industrial sectors.

CEVA has its roots in two logistics firms: TNT Logistics and EGLTNT Logistics was sold by TNT to affiliates of Apollo Management in 2006; it was renamed CEVA Logistics in December 2006. EGL had been founded in Houston, Texas, in 1984 as EagleUSA Airfreight. Apollo Management LP bought EGL in August 2007, and it became part of CEVA Logistics at that time.

09 May 2014
CEVA Holdings hailed contract logistics as a successful counterweight to flat ocean and air freight markets that drove a 7.5 percent increase in first-quarter earnings even as revenue shrunk.
CEVA Logistics employee
16 Dec 2013
CEVA Logistics has been beefing up its global operations with the expansion of a health care distribution center in Leipzig, Germany, and a new warehouse complex in Queensland, Australia.
CEVA Logistics
25 Nov 2013
CEVA Logistics has signed a three year contract with Swedish automotive industry manufacturer Scania to manage the delivery of spare parts in Spain and Portugal.
CEVA Logistics
18 Nov 2013
CEVA Logistics today reported a net loss of $54 million in the third quarter of 2013, compared with a net loss of $78 million in the same period last year.
CEVA Logistics flag
15 Nov 2013
CEVA Logistics today announced that Marvin O. Schlanger will retire as CEO on Jan. 2, 2014, and will be succeeded by Xavier Urbain.
CEVA Logistics warehouse
12 Nov 2013
CEVA Logistics has continued its strategic development of operations in Asia with the introduction of its new aerospace storage area in Singapore.
04 Nov 2013
The dramatic growth of e-commerce is driving demand for a product that can’t be obtained online — big box e-fulfillment centers.
31 Oct 2013
CEVA Logistics has appointed Peter Dew as president, Asia Pacific.
30 Oct 2013
Ceva Logistics is targeting further growth in Asia, according to Inna Kuznetsova, the company’s chief commercial officer.
CEVA Logistics' forklift.
01 Oct 2013
CEVA Logistics has entered into a new three-year agreement and partnership with Michelin to manage its warehouse at the tire manufacturer’s plant in Valladolid, Spain.
30 Aug 2013
CEVA Logistics has opened a new healthcare cold chain hub in Miami, Fla., in part to serve the Latin American market.