CEVA renews contract worth $100 m

Third party logistics provider CEVA Logistics has renewed a global freight management contract with a major technology customer with added services in air and ocean freight, estimating the contract to exceed $100 million of revenue over the next twelve months.

CEVA has been working with the customer for over 10 years. “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,” said CEVA CEO Xavier Urbain.