CEVA Logistics
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CEVA Logistics | |
Type | Public |
---|---|
Founded | 2006 |
Headquarters | Culemborg, the Netherlands |
Key people | Dave Kulik, CEO |
Industry | Logistics |
Revenue | 3.5 billion. (EUR-2005) |
Employees | 38,000 |
Slogan | 'Clarity in a complex World' |
Website | www.cevalogistics.com |
CEVA Logistics ("sieva") is a logistics company, formerly known as TNT Logistics, which was a division of TNT. In 2006, it employed 38,000 people, operating in 26 countries, managing more than 550 warehouses with 7.098 million square metres of warehouse space. In 2004, CEVA Logistics reported sales of € 3.5 billion.
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.[1] The new name and logo were announced on 12 December 2006.
CEVA designs, implements and operates complex supply chain solutions on a national, regional or global scale for medium to large enterprises. Through its freight forwarding unit, CEVA provides air and sea freight services within an international network. CEVA exploits technology to achieve optimization, integration and visibility throughout the supply chain. The company focuses on a diverse range of market sectors including automotive, tyres, electronics, fast moving consumer goods/retail, industrial and publishing and media.