Eagle Global Logistics (Canada) Corp.

简介

CEVA combines the heritage of two great companies, TNT Logistics and EGL, which merged in August 2007. Contract Logistics The origin of our contract logistics business is 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 organized 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. Freight Management The origin of our freight management business is with EGL, which was founded in Houston, Texas in 1984 as EagleUSA Airfreight. After experiencing strong and rapid growth in the early 1990's, the Company initiated a public offering in 1995 and began trading on the NASDAQ Stock Market. In 1997, the Company began its international focus and by 2000, EGL was recognized as a global force in the industry with operations in more than 100 countries. To properly reflect the expanded transportation and logistics services, shareholders approved the name change of the Company to EGL Eagle Global Logistics. EGL was removed from the NASDAQ in August 2007 when Apollo Management L.P. purchased the company and merged it with CEVA Logistics. EGL now operates under the CEVA brand name.