Ceva Logistics has signed a €16.9m contract renewal with canned fish manufacturer John West, following a successful five-year relationship. The Leicestershire-based logistics firm will continue to provide UK supply chain operations, including collecting cleared cargo from the port of Felixstowe for onward transportation to Ceva’s’s shared-user facility in Mendlesham. Ceva will also provide customs clearance services and warehousing for John West, as well as managing all road transportation across the UK. Matthew Carroll, regional director, consumer and retail at Ceva, […]
Palletline, The Pallet Network (TPN) and Gazeley are set to exhibit at next month’s Multimodal for the first time, joining some of the UK’s largest operators.
Adjusted EBITDA at Ceva Logistics doubled to $80m (£51.6m) during the second quarter of 2013 as it continues to restructure its balance sheet and experience more growth in the UK.
Ceva Logistics, which recently saw its long-running relationship with Crown Paints extended, has seen group profit fall after its contract logistics businesses was affected by Europe’s economic malaise. While revenue in the first half of the year was up 5.5% at €3.5bn (2011: €3.4bn), EBITDA slipped 10.5% to €136m (2011: €152) as a consequence, despite growth in the group’s ocean freight business. John Pattullo, chief executive of Ceva, says: “Transpacific volume and weakness in Southern Europe remain a concern. As […]