CEVA Logistics

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CEVA Logistics (CEVA Group Plc)
Type Private company
Industry Logistics
Founded United Kingdom, August 9, 2006
Headquarters Hoofddorp, the Netherlands
Key people
  • Xavier Urbain, CEO
  • Rubin McDougal, CFO
  • Dana O’Brien, CLO
  • Inna Kuznetsova, CCO
  • Peter Dew, CIO
  • AnneHarm Barkema, CHRO
  • Tom White, COO
Revenue US$ 8.5 billion (2012)[1]
Employees 44,000 (2013)
Parent Apollo Management
Divisions Contract Logistics and Freight Management
Website www.cevalogistics.com

CEVA Logistics is one of the leading supply chain companies. CEVA provides end-to-end design,implementation and operational solutions in freight management, contract logistics, distribution and transportation management. The company runs a global network with facilities in over 170 countries and employs around 44,000 people worldwide.

History[edit]

CEVA was formed in August 2007 as a result of the merger of TNT Logistics TNT and EGL Eagle Global Logistics.

On 23 August 2006, TNT N.V. announced that it has signed a Sale and Purchase Agreement to sell its logistics division to Apollo Management L.P., a U.S. private equity firm.[2] The new name and logo were announced on 12 December 2006.

On 2 August 2007, CEVA announced the completion of its merger with Houston (U.S.) based Eagle Global Logistics (EGL), which was rebranded to CEVA on 30 November 2007.[3]

On 28 February 2014 CEVA Holdings LLC reported its 2013 Full Year Financial Results [4] with revenue of $8.5 billion and adjusted EBITDA of $277 million.

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