CEVA Logistics is one of the leading supply chain companies. CEVA provides end-to-end design, implementation and operational solutions in freight management, contract logistics, distribution and transportation management. The company runs a global network with facilities in over 170 countries and employs around 42,000 people worldwide. History CEVA was formed in August 2007 as a result of the merger of TNT Logistics TNT and EGL Eagle Global Logistics. On 23 August 2006, TNT N.V. announced that it has signed a Sale and Purchase Agreement to sell its logistics division to Apollo Management L.P., a U.S. private equity firm. The new name and logo were announced on 12 December 2006. On 2 August 2007, CEVA announced the completion of its merger with Houston (U.S.) based Eagle Global Logistics (EGL) for $2 billion, which was rebranded to CEVA on 30 November 2007. On 28 February 2014 CEVA Holdings LLC reported its 2013 Full Year Financial Results with revenue of $8.5 billion and adjusted EBITDA of $277 million. References
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