Aussie Super Saver Service
19 September 2008 - 14:40 CET
CEVA introduces new Air-Sea Service from USA to Australia
MELBOURNE, Australia, 19 September 2008. CEVA Logistics, one of the leading supply chain companies in the world, has introduced a new Air-Sea Service that provides an alternative, cost effective and quicker mode for shipments of freight from the United States to Australia.
Managing Director of CEVA Australia, Mr Howard Critchley says that the Aussie Super Saver Service is common rated from all major US gateways including Los Angeles, Chicago, New York, Atlanta and Dallas.
"Freight will fly from the United States to Singapore three times per week linking then with CEVA's service by sea into Australia".
"The new service provides a cost effective and flexible freight option to customers with lower rates than direct airfreight and faster transit times than by sea", said Mr Critchley.
Transit times from the Midwest and East Coast of the United States to Australia currently range from 25-35 days. The new Air-Sea service significantly reduces this time to between 10-20 days.
"Importantly, this service is linked with global information systems that provide customers with full shipment tracking and transit visibility throughout the distribution process".
"The new Aussie Super Saver Service is another example of how CEVA is delivering high quality and reliable end-to-end air and sea logistic solutions to meet all customers supply cycle needs", said Mr Critchley.
For more information:
David Cliffe
CEVA Logistics Australia
+613 9931 9959
david.cliffe@cevalogistics.com
CEVA. Making Business Flow
CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight forwarding to large and medium-sized national and multinational companies. CEVA employs 54,000 people and runs an extensive global network with facilities in over 100 countries. Following the merger with EGL in August 2007, the new combined company had pro forma sales of € 6.3 billion. For more information, please visit www.cevalogistics.com.
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT of 1995:
The statements included in this news release, and other statements that are not historical facts, may contain forward-looking statements. In addition to the assumptions specifically mentioned in the above paragraphs, there are a number of other factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements. These factors include, but are not limited to, the process of combining EGL and CEVA, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic climate in Asia and the US, levels of marketing and promotional expenditure, actions of competitors and joint venture partners, employee costs, future exchange and interest rates, changes in tax rates, unexpected costs of integrating recently acquired businesses and future business combination or dispositions and other factors detailed in risk factors and elsewhere in CEVA and EGL's most recent Annual Reports, including but not restricted to the EGL Annual Report on Form 10-K. Further information concerning the Company and its business, including factors that potentially could materially affect the Company's financial results, is contained in the Company's filings with the Securities and Exchange Commission. Should one or more of these risks or uncertainties materialize (or the consequences of such a development worsen), or should underlying assumptions prove incorrect, actual outcomes may vary materially from those forecasted or expected. EGL and CEVA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
