US industrial equipment manufacturer Eaton Corporation has teamed up with CEVA Logistics, formerly known as TNT Logistics, to improve its delivery network in the Asia Pacific region, the two firms said yesterday.

The two companies signed a contract in Shanghai, which awarded CEVA the lead logistics provider for all of Eaton's businesses in the region. No financial terms were disclosed.

"The Eaton contract represents an important step in our ambitious growth plans in the Asia Pacific region and demonstrates our capability to offer complete supply chain solutions to our customers," an official from CEVA Logistics said.

Under the agreement, CEVA will manage Eaton's supply chain in the region, including warehousing in the Asia Pacific countries, domestic road transport networks, as well as Pan-Asia Pacific distribution solutions managed from a base in Singapore.

"The Asia Pacific selection of a lead logistics provider is the next step in our global program to nominate lead logistics providers to manage our logistics globally," said Mario Hegewald, Eaton's global logistics director.

CEVA Logistics, owned by private equity firm Apollo Management LP, announced the name change in December.