Ceva Wins $38 Million Triumph Contract

Ceva Logistics said it signed a three-year contract worth a total of $38.3 million to coordinate the international flow of components, accessories and finished motorcycles from Asia for Britain’s Triumph Motorcycles.

The contract covers the movement of products, from order placement to delivery, of more than 50,000 purchase orders a year from more than 380 suppliers.

Ceva said it will handle purchase order management, vendor compliance and optimization under the contract, which it estimated will total about $14 million a year.

-- Contact Joseph Bonney at jbonney@joc.com.