Ceva Logistics doubles EBITDA as UK business grows


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.CEO Marvin Schlanger told Motortransport.co.uk that the operator is seeing definite growth in the UK market after experiencing a relatively slow start to the year. “We are seeing continued growth in the consumer goods and technology markets,” Schlanger said. “Our customers are telling us that they expect more growth in the […]