CEVA is owned by US-based venture capitalists Apollo Management, according to its website, and employs 41,000 people in operations all over the world.

The company is offering a full spectrum of air and ocean freight services from Myanmar, where it has also operated freight management services through a partner for five years.

Myanmar has strong growth potential, said CEVA’s Mekong area manager Bruno Plantaz.

“In the past, the country infrastructure has always been a limiting and inhibiting factor, but with our global network and more importantly, our experience in emerging markets, especially in the region, we are confident that with our own office and robust IT offerings we can deliver options and solutions to the market and at the same time grow our commercial footprint,” Plantaz said in a company release.