History
CEVA Logistics is the world's largest pure play contract logistics provider. Our origins are with TNT, which was founded in Australia in 1946. In 1996 Australia-based TNT was acquired by postal and telecom company KPN in the Netherlands. Two years later the telecom and postal divisions of KPN were separated. The new company, called TNT NV, was then organised around three divisions: TNT Logistics, TNT Express and TNT Post.
At the end of 2005 TNT announced its intention to sell its contract logistics activities as the result of a revised strategic focus. In the autumn of 2006 TNT Logistics was sold to affiliates of Apollo Management L.P. TNT Logistics was rebranded CEVA Logistics in December 2006.
Major milestones:
2007
- CEVA completes merger with EGL (view press release)
- EGL shareholders approve of CEVA merger (view press release)
- Merger agreement pursuant to which CEVA will acquire EGL (view press release)
- John Pattulo appointed as CEO (view press release)
