Ceva platform launch provides catch-up capabilities

China 2905 Corp - Forwarders 326 Corp - Shipping 939 Mode - Containerized 1426 Mode - Seaborne 1762 South Korea 550 U.S. 5211

Ceva Logistics has launched the “myCeva” end-to-end booking platform with full global / multimodal capabilities due by fall 2020. While encouraging, the use of such platforms has become a minimum requirement for competing against Flexport and others, while traditional competitors are adding next generation systems. The myCeva platform may already have helped cut a downturn in Ceva’s operations on U.S. seaborne import lanes which rose by 16.1% year over year in June after a downturn that started in Q3’19. The improvement was led by a 32.7% surge in imports from China and a 47.7% rise in s...

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