CEVA Logistics has opened its Central Distribution Center (CDC) 2 at Shah Alam, Malaysia, 25km from Kuala Lumpur. Constructed on the same site as CEVA’s CDC1 at Bukit Jelutong, Shah Alam, CDC2 offers 33,000 sqm of additional warehousing and office space. The combined warehouse footprint of the new CDC2 and the existing CDC1 now totals approximately 67,000 sqm, making it the largest site in CEVA’s Southeast Asia (SEA) cluster, which comprises Singapore, Malaysia and Indonesia. CEVA’s … [Read more...] about CEVA opens new multi-user warehouse in Malaysia
Xavier Urbain
CEVA opens new regional HQ, excellence centre in Brazil
CEVA Logistics has opened its new headquarters for South America in Sao Paulo, Brazil and also launched its fourth Center of Logistics Excellence joining Jacksonville (US), Singapore and Ashby de la Zouch (UK). The new headquarters, located in São Paulo, will bring together operational and back-office functions under one roof. Richard Vieites, EVP South America, said: “This is an important strategic step for CEVA in the region as we consolidate our presence and prepare for continued growth. … [Read more...] about CEVA opens new regional HQ, excellence centre in Brazil
CEVA reports robust Q3 results
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 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
CEVA hires new global air & ocean freight chief
CEVA Logistics has appointed Helmut Kaspers to the position of chief operating officer, Global Air and Ocean Freight. Kaspers brings a wealth of experience in air and ocean freight to CEVA, through global executive positions in both commercial and operational functions. He joins CEVA from Kaspers Consulting + Investment, an international logistics consultancy established in 2013. Kaspers played a seminal role in the transformation of the Logwin Air and Ocean global business and has … [Read more...] about CEVA hires new global air & ocean freight chief
CEVA hires new global air & ocean freight chief
CEVA Logistics has appointed Helmut Kaspers to the position of chief operating officer, Global Air and Ocean Freight. Kaspers brings a wealth of experience in air and ocean freight to CEVA, through global executive positions in both commercial and operational functions. He joins CEVA from Kaspers Consulting + Investment, an international logistics consultancy established in 2013. Kaspers played a seminal role in the transformation of the Logwin Air and Ocean global business and has … [Read more...] about CEVA hires new global air & ocean freight chief