Ceva Logistics has kept its drive into pharmaceuticals on the road with a renewed three-year transport and five-year warehousing deal with medical nutrition provider Nutricia. The win coincides with the logistics firm opening its newly refurbished 132,000ft² facility at Redditch, which has been certified by the Medicines and Healthcare Products Regulatory Agency as a safe and secure component of a medical supply chain. The Nutricia contract sees Ceva provide the warehousing and distribution of medical nutritional feed products for both […]
Ceva Logistics chief executive John Pattullo is to retire on Friday 12 October, with current chairman Marvin Schlanger set to take his role. Pattullo has been chief executive of Ceva since August 2007 – when TNT Logistics (the former contract logistics arm of TNT) and freight forwarder Eagle Global Logistics merged. He will remain at Ceva on the board of directors. Schlanger said: “He (Pattullo) has assembled a world class leadership team. All of this has allowed Ceva to serve […]
DSV Road saw its profit increase by more than a fifth last year, driven by a 7.3% increase in turnover.
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 […]