CEVA Logistics
Shipping Company
CEVA’s entrepreneurial spirit can be traced right back to 1946, when Ken Thomas founded Thomas Nationwide Transport (TNT) in Australia with a single truck. Over the next five decades, TNT developed an enviable global reputation, particularly in contract logistics.
By 1996 TNT had been acquired by the Dutch postal and telecommunications company KPN and two years later it was split into three divisions - Logistics, Express and Post.
Subject ID: 69580
MoreCEVA’s entrepreneurial spirit can be traced right back to 1946, when Ken Thomas founded Thomas Nationwide Transport (TNT) in Australia with a single truck. Over the next five decades, TNT developed an enviable global reputation, particularly in contract logistics.
By 1996 TNT had been acquired by the Dutch postal and telecommunications company KPN and two years later it was split into three divisions - Logistics, Express and Post.
In the autumn of 2006, TNT Logistics was sold to affiliates of New York, USA- headquartered venture capitalists Apollo Management LP, who renamed the company CEVA Logistics. Six months later, EGL left the NASDAQ where it had been traded, and was also bought by Apollo and merged into CEVA.
Subject ID: 69580
Subject ID: 69580
