CEVA renews and expands contract with technology customer

Baar, Switzerland, 4 July, 2018 - CEVA Logistics, one of the world's leading third-party logistics companies, announces that it has renewed a global freight management contract with a major technology customer and has been awarded important additional services in Air and Ocean freight. CEVA estimates that existing and new business will exceed $100 million of revenue over the next twelve months, depending on actual volumes handled. CEVA has been working with the customer for more than 10 years and much expanded services over the timeframe.

Commenting on the new contract, CEVA's CEO Xavier Urbain, says: "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."