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TNT now CEVA Logistics

TNT now CEVA Logistics

TNT Logistics said it has changed its name to CEVA Logistics.

   The company said it would start doing business under the new name across 26 countries worldwide as of today.

   CEVA said it is the second-largest logistics company worldwide, with sales of about $4.6 million or 3.5 billion euros. It employs 38,000 people and operates more than 7.4 million square meters of warehouse space across 26 countries worldwide.

   The company offered no explanation why it chose the name in the press release announcing the change.