Filed in CEVA

Wednesday, May 22, 2013

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.

Friday, May 10, 2013

CEVA CEO Marv Schlanger said that his company's recapitalization will make for a stronger balance sheet for CEVA, which will enable the company to grow faster and better compete in the logistics and supply chain marketplace.

Thursday, May 02, 2013

CEVA said that it will reduce its consolidated net debt by more than $1.7 billion ($1.3 billion euros) and its annual cash interest expense by more than $170 million ($130 million euros) and also receive a capital infusion of a minimum of $301 million ($230 million euros) for investment in its business plan.

Thursday, April 04, 2013

CEVA said that through these efforts—and upon completion of the recapitalization—the company will reduce its consolidated net debt by more than $1.5 billion ($1.2 billion euros) and its annual cash interest expense by more than $173 million ($135 million euros) and also receive a capital infusion of a minimum of $264 million ($205 million euros) for investment in its business plan.

Tuesday, December 18, 2012

Global third-party logistics (3PL) services provider CEVA Logistics said this week it has signed a definitive agreement with Australia-based Brambles Limited, a provider of pallet, crate and container pooling solutions through the CHEP and IFCO brands, to sell its Intermediate Bulk Container (IBC) groups, European Container Logistics and its Asia Pacific Pallecon business.

Thursday, November 29, 2012

Earlier this week, global third-party logistics (3PL) services provider CEVA Logistics reported third quarter earnings of $1.8 billion Euro or about $2.4 billion U.S., which represented a 5.1 percent annual gain.

Tuesday, October 09, 2012

Global third-party logistics (3PL) services provider CEVA Logistics announced today that CEO John Pattullo will retire on October 12 and be replaced by Marvin O. Schlanger, CEVA’s Chairman of the Board, while Pattullo will remain on the CEVA Board of Directors.

Monday, October 08, 2012

CEO's across the supply chain spectrum provide in-depth analyses of factors driving capacity and ways to address it.

Friday, August 03, 2012

This week, CEVA reported second quarter revenue of $1.81 billion Euro or $2.2 billion U.S. which was up 5.5 percent annually. LM Group News Editor Jeff Berman spoke with CEVA CEO John Pattullo about the company’s second quarter and first half performance and other industry-related items

Thursday, May 10, 2012

Logistics Management spoke with CEVA CEO John Pattullo and CFO Reuben McDougall about the company’s quarterly results and industry market trends in the global 3PL sector.