Thursday, 19 November 2009

Ceva exceeds cross-selling target - International Freighting Weekly

Ceva exceeds cross-selling target - International Freighting Weekly:
"Ceva exceeds cross-selling target By Will Waters

Increased emphasis by shippers on integrated supply chains has meant Ceva Logistics has reached its post-merger cross-selling target 14 months ahead of schedule.
Following the merger in 2007 of freight forwarder EGL and contract logistics player Ceva, the group last year set itself a target of achieving €500m (US$743m) in business
wins by the end of 2010.
“Pleasingly, we have reached and surpassed this target already, with [cumulative] cross-selling wins now standing at €515m,” said CEO John Pattullo.
New business wins in the first nine months were up 21% year-on-year, with cross-selling wins accounting for €264m, including €71m in the third quarter"

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