ASHBY DE LA ZOUCH, 9 June 2008. CEVA Newsfast and Smiths News, both leading network innovators operating across a range of industry sectors, today announced plans to extend their ongoing collaboration with the objective of leveraging the respective capabilities of the two businesses, their complementary systems, service offerings, and operational infrastructures.
CEVA Newsfast and Smiths News will jointly be targeting a wide range of industry sectors, offering added value in end-to-end supply chain solutions building on their successful cooperation delivering Christmas hampers last year. Services to be marketed include final-mile delivery of consumer products to independent and convenience stores as well as integrated reverse logistics services for book and media products.
CEVA Newsfast operates a 24/7 national warehousing and primary transport network from 18 strategic sites in the UK, while Smiths News runs 44 local warehouses and a van delivery network serving up to 22,000 customers every day across a number of regions in England and Wales.
About CEVA Newsfast
CEVA Newsfast is the specialist arm of CEVA Logistics serving the publishing, media, mail, and consumer & retail sectors. CEVA Logistics is one of the leading global supply chain management companies, providing end-to-end design, implementation and operational solutions in contract logistics and freight forwarding to large and medium-sized national and multinational companies. CEVA Logistics employs over 54,000 people and runs an extensive global network with facilities in over 100 countries. The company had pro-forma revenues of EUR 6.3 billion in 2007 following the merger with EGL in August of that year.
About Smiths News
Smiths News is the UK's leading wholesaler of newspapers and magazines, delivering 59 million publications to 22,000 customers every week. Employing 4,100 staff, Smiths News has an approximate 40% share of the magazine wholesaling sector and an approximate 35% share of the newspaper wholesaling sector in the UK. The company had revenues of £1.2bn in 2007.
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