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Wrong David Lara?

David Lara

Vice President Global Airfreight Procurement

CEVA Group Plc

Direct Phone: +44 ** **** ****direct phone

Email: d***@***.com

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I agree to the Terms of Service and Privacy Policy. I understand that I will receive a subscription to ZoomInfo Community Edition at no charge in exchange for downloading and installing the ZoomInfo Contact Contributor utility which, among other features, involves sharing my business contacts as well as headers and signature blocks from emails that I receive.

CEVA Group Plc

15370 Vickery Drive

Houston, Texas,77032

United States

Company Description

CEVA is one of the largest global freight forwarders operating within a worldwide network. Customized solutions for your specific ocean freight requirement are at the heart of our services. Our extensive and long-term relations with shipping lines mean we ca... more

Find other employees at this company (24,287)

Web References(6 Total References)


FT120718

www.aircargonews.com [cached]

David Lara, Vice President of Global Airfreight Procurement at CEVA Logistics, is not usually downbeat.
But when asked if he sees anything on Asia-Europe and Transpacific air freight lanes to inspire hope, unsurprisingly, he found it hard to pinpoint positives given current global economic uncertainty. "There is little optimism in the industry until possibly Q4, and we'll see how the global markets are by then," he said. Lara said continuing doubt over European demand and the future of the Euro was hitting import markets there, although U.S. demand was "expected to be marginally stronger." "Some of the hi-tech companies will likely be launching new products for the Christmas period, but these are expected to be limited," he added. The poor demand outlook on major lanes and bearish rates will leave airlines with few supply-side options, according to Lara. "Carriers will not continue to trade in reducing rates as they fight for profitability and will look to take capacity out to force rates up," he said. He did predict that airlines would turn to niche markets to drive revenues, however. "Throughout 2012 the industry expects carriers may try to launch various new products in the high-tech sector and most will be from Asia with a global distribution requirement. "Many carriers continue to focus on providing high yield products for the pharma and health care sectors and this will continue to grow." As a 3PL, CEVA provides a full range of global air services including expedite, consolidation, charter, hand carry/obc and sea-air. "We work with all of the global carriers," said Lara. "However, we have strategic partnerships with select carriers to meet our customers' service requirements while delivering cost effective and service solutions." Although the airfreight industry had been operating in a challenging environment, CEVA had been able to "perform consistently well in terms of tonnage split" due to the strength of its global network and multi-service offering. Unlike some of his peers who have complained that sea-air shipments have been affected by high fuel surcharges because shippers have had to double pay, Lara said CEVA was seeing stable dual mode movements but had detected some traces of overall modal shift. "In terms of dual mode competitiveness, it really depends on the needs of the customer at the point in time," he said. "From the general market perspective, we have seen more freight moved from air to sea as the financial costs of inventory associated with sea are lower." Lara expects some persistent trends of the last few years to accelerate. This will mean continued "low percentage" export growth from Europe to Asia from "the usual vertical industries-hi-tech, pharma, healthcare, automotive" and more demand for exports out of China from interior regions. "Manufacturing will migrate from east to west China as manufacturers look at lower production costs in the west," he added.


globalportsforum.com

"It's a long way short of last Christmas," said David Lara, head of global air-freight procurement at Ceva Group Plc, which counts as clients eight of the top 10 retailers and suppliers including Apple Inc. and Nike Inc.
"Normally in peak season carriers would be putting in extra capacity and operating charters to cope with demand, but that simply hasn't happened." Cargo traffic, which generated sales of $66 billion last year, has declined every month since May. Air freight traffic fell 4.7 percent in October, as confidence in manufacturing industries declined and companies switched to slower modes of transport, the International Air Transport Association industry group said in a statement today. The seasonal peak usually builds from October, with demand strongest on routes from Asian cities such as Shanghai and Hong Kong to western destinations including London, Amsterdam and Frankfurt and New York, Chicago and Los Angeles, according to Hoofddorp, Netherlands-based Ceva, which was formed in 2007 from a merger of TNT Logistics with Houston-based EGL Inc. Laptops, Clothing This year, demand began to drop off in the second quarter, with volumes remaining flat through the usual ramp-up as U.S. and European companies avoided over-stocking, Lara said. Fashion items and electronic goods such as personal computers, notebooks and laptops have borne the brunt of the decline, Lara said, with retailers relying on unsold inventories to satisfy demand for Christmas gifts. The situation has been made worse for airlines by increasing over-capacity resulting from decisions on fleet expansion taken during the optimism of the 2010 rebound.


Air Cargo News—World's Top Air Cargo Publication

www.aircargonews.com [cached]

David Lara, Vice President of Global Airfreight Procurement at CEVA Logistics, is not usually downbeat.
But when asked if he sees anything on Asia-Europe and Transpacific air freight lanes to inspire hope, unsurprisingly, he found it hard to pinpoint positives given current global economic uncertainty. "There is little optimism in the industry until possibly Q4, and we'll see how the global markets are by then," he said.


CEVA wins Planet Award of Excellence from Lufthansa Cargo | Air Freight

www.3plnews.com [cached]

The award was presented to Bruno Sidler and David Lara, Vice President Global Airfreight Procurement of CEVA by Karl Ulrich Garnadt and Dr. Otto of Lufthansa Cargo.


Gulf Industry Magazine - Online Edition - Al Hilal Publishing & Marketing Group

www.gulfindustryonline.com [cached]

Lara (left) and Duthoit of EGL with Navin (centre) of OAG Inforwarding David Lara, EGL vice president for information technology EMEA, said: "EGL will gain a strong set of benefits from using Afra by having a single source for all rate data.


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