Freight Forwarders

CEVA Logistics signs contract worth $100 million

CEVA Logistics says it has renewed a global freight management contract with a major technology customer with added services in air and ocean freight.

The third party logistics provider has been working with the customer for over 10 years and estimates that the deal exceeds $100 million of revenue over the next 12 months, dependent on actual volumes handled.

CEVA chief executive officer, Xavier Urbain said: “We are proud to retain and even expand our position as the No.1 freight service provider for this customer. This important award demonstrates the strong partnerships we have and the quality of service we provide to our customers.”