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CEVA Logistics announces reorganisation
04 July 2024
THE NEW vertical structuring is aimed at allowing its customers to more easily benefit from its global logistics capabilities across its breadth of services in air, ocean, ground and rail transport, contract logistics, finished vehicle logistics, project logistics and customs solutions.
CEVA Logistics is the logistics subsidiary of the CMA CGM Group.
CEVA will soon begin the process of welcoming Bolloré Logistics into its new product-driven organisational model. Bolloré Logistics was acquired by the CMA CGM Group on Feb 29, 2024.
CEVA generated pro forma 2023 revenue of $20.2 billion through transporting 1.9 million TEUs of ocean freight, 800,000 tons of air freight and managing 11.7 million square metres of warehouse space.
CEVA Logistics and Bolloré Logistics will move forward under one unified brand—CEVA Logistics. The company expects to complete its rebranding process by the end of 2024.
The vertically aligned product teams are expected to accelerate CEVA’s ability to engineer new solutions and then apply them more quickly to customer challenges across all geographies.
In addition, CEVA is combining its Air and Ocean operations in order to capitalise on best practices and technology investments, notably in finalising its implementation of CargoWise.
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