CEVA Logistics has opened its office in Myanmar's capital, Yangon, as part of its strategic expansion in the emerging Mekong markets.
For the last five years, CEVA has been operational in the country through a network partner, providing freight management services to a number of multinational and local customers.
But earlier this month, the company opened its own office offering air and ocean freight services with access to the CEVA network using One Freight System – CEVA’s global system which manages all freight movements worldwide.
The company said Myanmar, which has a population of 55m, presents considerable potential for growth with strong demand for both import and export services.
"Imports comprise mainly industrial materials for infrastructure, consumer goods and machinery, whilst exports of commodities, agricultural products and goods for the retail sector drive the outbound trade," it said.
