EGL Eagle Global Logistics

CEVA Logistics

Providers by 2012 Gross Revenues and Freight Forwarding Volumes

CEVA Logistics is a top 10 ranked global logistics company and is the world’s largest automotive 3PL. It has a heavy emphasis on manufacturing and is expanding operations in other sectors. Its industry sectors are Automotive 28%, Consumer/Retail 23%, Technology 20%, Industrial 17%, Energy 7% and Other 5%. CEVA operates in over 160 countries. The CEVA operations we have visited get top marks. CEVA is very good at value-added support activities. Its Matrix software suite reflects its range of logistics capabilities, including materials management. CEVA’s core services include fulfillment centers, high-velocity cross-docks, sub-assembly, sequencing, dedicated contract transportation, and network designs/redesigns. Its revenue is split between Contract Logistics (54%) and Freight Management (46%). The Americas account for 30% of its revenues, Asia Pacific 29%, Northern Europe 24% and Southern Europe, Middle East and Africa account for the rest. Private equity owner, Apollo Management, acquired EGL Eagle Global Logistics which was rebranded as CEVA Freight Management in 2007. EGL added global freight forwarding to match CEVA’s high quality value-added warehousing, materials management and other contract logistics capabilities. In 2008, CEVA introduced its Century Partnership Account Program for 100 of its key customers selected by its Executive Board. These accounts have a global scope and represent more than half of CEVA’s total business. Apollo has restructured CEVA’s debt burden to give it some breathing room.

Copyright © 2014 Armstrong & Associates, Inc.
Source: http://www.3plogistics.com/Top_25_Global_FF.htm retrieved 24 May 2014