Subscribe to our free, weekly email newsletter!


CEVA expands its Southeast Asia footprint

CEVA expects approximately 72,000 tons to be carried on the cross border service within the first 12 months, and will be offering Full Truck Load (FTL) and Less Than Truck Load (LTL) services for maximum flexibility in response and delivery time
By Patrick Burnson, Executive Editor
February 23, 2011

CEVA logistics has launched a cross-border road freight service in South East Asia, providing an integrated service from Singapore, through Malaysia, Thailand and Vietnam to China.

CEVA expects approximately 72,000 tons to be carried on the cross border service within the first 12 months, and will be offering Full Truck Load (FTL) and Less Than Truck Load (LTL) services for maximum flexibility in response and delivery times.

According to Casey Fisher, EVP for CEVA in South East Asia, the cross border service will “simplify” shipper supply chains.

In an interview with SCMR, Brian Clancy, managing director, Logistics Capital & Strategy, LLC, said more alternatives to costly air cargo may be in the offing.

“Time-definite service can be achieved in many cases, without ever loading cargo on a plane,” he said. “And when you consider near-sourcing, this becomes even more clear.”

Ceva spokesmen said that the company’s in-house expertise has enabled it to creat this new offering, and it has enabled them to successfully navigate the different Customs and border requirements to bring this new product to market.

Spokesmen added that South East Asia is a dynamic market and, as a heavily travelled corridor for freight movements, is a critical link in the supply chains of many global organizations. The service was developed in response to the needs of customers who have to balance speed and timely shipments throughout South East Asia with a cost-effective and reliable service.

About the Author

image
Patrick Burnson
Executive Editor

Patrick Burnson is executive editor for Logistics Management and Supply Chain Management Review magazines and web sites. Patrick is a widely-published writer and editor who has spent most of his career covering international trade, global logistics, and supply chain management. He lives and works in San Francisco, providing readers with a Pacific Rim perspective on industry trends and forecasts. You can reach him directly at .(JavaScript must be enabled to view this email address).


Subscribe to Logistics Management magazine

Subscribe today. It's FREE!
Get timely insider information that you can use to better manage your
entire logistics operation.
Start your FREE subscription today!

Recent Entries

LM recently spoke with recently spoke with Wall Street analyst John Larkin to get some of his insights as we approach the halfway point of 2013, or at least get a little closer to it.

Carload volume—at 285,679—was up 1.9 percent annually, and intermodal—at 250,159 trailers and containers—was up 3.5 percent

At yesterday’s Senate Commerce Committee hearing on the recently announced nomination of Charlotte, North Carolina Mayor Anthony Foxx to be Secretary of Transportation, the nominee laid out some key components of his agenda if he is confirmed.

Supply chain consultancy Armstrong & Associates said this week that total United States 2012 third-party logistics (3PL) gross revenue—at $141.8 billion—were up 6 percent over 2011.

Company officials said that CEVA’s quarterly results were impacted by various factors, including: overall soft global logistics markets; loss of airfreight volume with some business switching to ocean transport; exposure to Eurozone markets; and underperforming Contract Logistics contracts.

Comments

Post a comment
Commenting is not available in this channel entry.


© Copyright 2012 Peerless Media LLC, a division of EH Publishing, Inc • 111 Speen Street, Ste 200, Framingham, MA 01701 USA