Asia pilot drives CEVA global restructuring
Published: Jul 25, 2008
Asia - Following the success of the Asia pilot that integrated the contract logistics and freight management businesses, CEVA will roll out the business model in its operations globally under four newly appointed regional headsWhen the company was formed in August last year from a merger between TNT logistics and EGL Eagle Global Logistic, it operated the contract logistics and freight management businesses as separate divisions, with the exception of Asia Pacific, which underwent a nine-month pilot of integrating the two businesses at country level.
"The Asia test has delivered outstanding results," CEO John Pattullo said. "The integrated structure allows for one CEVA ‘face' to the market, helps us stay very much attuned to customer expectations, and enables the provision of integrated solutions."
The company will begin rolling out an integrated business globally, and has appointed four presidents to oversee the operation.
Working alongside Vittorio Favati, president of Asia Pacific, is Joe Bento, president of the Americas and Global FM network, Bruno Sidler, president of northern Europe, and Gianfranco Sgro, president of southern Europe, Middle East and Africa.
"This new, robust structure should serve us well for some time to come," he said.
Following the merger in 2007, CEVA had a pro forma sales of 6.3 billion euros (US$9.98 billion).
- EGL Eagle Global Logistics
- TNT Express
- CEVA Logistics