CEVA Ground launched in Brazil
19 October 2009 - 11:20 CET
Sao Paulo, Brazil, 19 October 2009 - CEVA Logistics, a leading global supply chain management company, has launched its new ground transportation arm, CEVA Ground. This will integrate all service offerings including the process of supplier's contracts, freight conference, freight audit, loads tracking, performance metrics of the transport management and transport planning.CEVA Ground will help improve operations performances, which will be instrumental in assisting the Business Development and Logistics Competence Center win new business contracts. The new structure will be implemented immediately and will be driven by a €140,000 investment with the ambition of achieving 10% growth by next year.
In order to achieve effective results, CEVA Ground has been categorized under three core areas: Planning and Transport Purchase, Operations and Transport Products and Management and Transport Control.
Ricardo Melchiori, Director, CEVA Ground, said: "We believe that CEVA Ground will help accommodate our customers' needs more efficiently as we will have a complete vision of the whole logistics process. Much more than logistics suppliers, we intend to be seen as a strategic partner working closely with our customers."
For more information please contact:
Elisandra Casaroti
T: +55 11 2199-6820
E: elisandra.casaroti@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 management to large and medium-sized national and multinational companies. CEVA employs circa 50,000 people and runs an extensive global network with facilities in over 100 countries. For the year ending 31 December 2008, the Group reported revenues of €6.3bn. 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, CEVA's substantial leverage, the actual effects of recent and future regulatory changes and technological developments, globalization, levels of spending in major economies, the economic downturn in Asia, Europe and the US, including the economic downturn in the automotive sector, 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 future business combinations or dispositions and other factors detailed in risk factors and elsewhere in CEVA's most recent annual and quarterly reports. 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 annual and quarterly reports, available on the Company's website. 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. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
