Ceva has posted a stable revenue (at constant currency) for the financial year 2015 ended 31 December 2015, compared to a year earlier, down half a per cent to US$6.96 billion while EBITDA rose 22.2 per cent (constant currency) to US$272 million, reflecting the companies new strategy implemented in 2015. "In light of market headwinds, CEVA’s strong performance in 2015 is the result of across-the-board improvements and we have identified opportunities to ensure our business remains resilient,” … [Read more...] about Respectable results in a tough year show strength of strategy: CEVA
contract logistics
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
UPS expands operations in Myanmar
UPS announced an expanded portfolio of services in Myanmar, introducing express delivery and contract logistics services that complement the air and ocean freight services launched in August last year. Customers can now leverage a full range of logistics solutions as Myanmar engages in increased levels of global trade. Jim O’Gara, president of South Asia District, UPS Asia Pacific Region, said: “UPS is excited to be part of the economic transformation in Myanmar as the market … [Read more...] about UPS expands operations in Myanmar
CEVA Logistics builds ‘super site’ in Australia
CEVA Logistics has announced the construction of a new 166,000 sq m ‘super site’ at Truganina, west of Melbourne, which will be the centerpiece of CEVA’s growth plans in Australia and New Zealand. Casey Fisher, managing director of CEVA in Australia and New Zealand, said: “This announcement showcases our intention to keep making substantial investments in property assets in Australia and New Zealand. Our new Truganina ‘super site’ builds on a range of … [Read more...] about CEVA Logistics builds ‘super site’ in Australia
CEVA Logistics builds 'super site' in Australia
CEVA Logistics has announced the construction of a new 166,000 sq m ‘super site’ at Truganina, west of Melbourne, which will be the centerpiece of CEVA’s growth plans in Australia and New Zealand. Casey Fisher, managing director of CEVA in Australia and New Zealand, said: “This announcement showcases our intention to keep making substantial investments in property assets in Australia and New Zealand. Our new Truganina ‘super site’ builds on a range of … [Read more...] about CEVA Logistics builds 'super site' in Australia
XPO Logistics to buy Norbert Dentressangle
XPO Logistics is set to buy a majority interest in France-based logistics company Norbert Dentressangle and launch a tender offer for the remaining shares. Headquartered in Lyon, Norbert Dentressangle has 662 locations and approximately 42,350 employees. In a statement released on 28 April, XPO said that Norbert Dentressangle’s transportation and logistics services complement XPO’s offerings in contract logistics, freight brokerage and global forwarding. The total … [Read more...] about XPO Logistics to buy Norbert Dentressangle
