CEVA has reported its results for the three months ended 30 September 2015 with a 13.1 per cent decline in revenue (down 2.4 per cent at constant foreign exchange) to US$1.7 billion for an adjusted EBITDA of $80 million, up 27 per cent. “CEVA’s new operating model continues to pay off,” said Xavier Urbain, CEO of CEVA. “Despite overall industry headwinds, our performance in the Third Quarter was robust and we continue to defend our position in a generally soft market. Our focus on process and … [Read more...] about CEVA reports robust Q3 results
CEVA
CEVA expands into beauty industry in Brazil with Sephora
CEVA Logistics has announced an expansion into the beauty industry in Brazil with the signing of a new agreement with Sephora, a cosmetics retailer owned by LVMH, (Moët Hennessy Louis Vuitton) the world's leading luxury goods group. Under the contract, CEVA will consolidate a variety of cosmetic products such as make-up, fragrances, hair care products, accessories, body and bath products and its own brand, Sephora Collection, from 40 distribution points within Brazil into one of CEVA's … [Read more...] about CEVA expands into beauty industry in Brazil with Sephora
CEVA sees positive Q2, creates Project Logistics division
CEVA Holdings, one of the world’s leading non‐asset based supply chain management companies, reported results for the three months ended 30 June 2015 with an adjusted EBITDA up 25 per cent year-on-year (up 31.7 per cent in constant currency). CEVA’s significant increase in profitability in the second quarter illustrates benefits being derived from the execution of the company’s business line strategy implemented 1 January 2015, it said. “The company turned in a solid second quarter … [Read more...] about CEVA sees positive Q2, creates Project Logistics division
Crane hires Terry Unrein as VP of global sales
Crane Worldwide Logistics, a full-service air, ocean, trucking, customs brokerage and logistics company, has hired Terry Unrein as its new vice president of global sales. Unrein will report to Tim Zubradt, Crane Worldwide’s chief sales officer. Zubradt said: “Terry Unrein is an outstanding addition to our Crane Worldwide Logistics team, as he brings a deep knowledge of the global logistics experience. I know he will work tirelessly to ensure that Crane Worldwide Logistics … [Read more...] about Crane hires Terry Unrein as VP of global sales
CEVA hires new senior manager in Iberia
CEVA Logistics has strengthened its senior management team in Iberia with the appointment of Philip Griffiths to the position of contract logistics business development director. He joins CEVA from Kuehne + Nagel where he held the position of lead logistics solutions manager in Spain for the last six years; prior to that he was business development manager for the country for the previous seven years. Originally a native of Wales, he has spent more than 20 years in the logistics industry in … [Read more...] about CEVA hires new senior manager in Iberia
CEVA launches TireCity in Italy
CEVA Logistics has opened a TireCity in the province of Lodi, Italy which covers an area of 50,000 sq metres. The new facility is fully dedicated to the warehousing, handling and cross docking of products in the tire sector. TireCity, along with the ‘City of Books’, ‘City of Pharma’ and ‘TechCity’, respectively dedicated to the publishing, healthcare and electronics sectors, is the fourth sector-specific hub to open in Italy. CEVA believes that the future … [Read more...] about CEVA launches TireCity in Italy