CEVA Logistics accredited as Authorised Economic Operator (AEO) by the European Union
13 November 2008 - 13:31 CET
Frankfurt, 13 November 2008 - CEVA Logistics, one of the leading supply chain companies in the world, has achieved the status as an Authorised Economic Operator (AEO) in Germany. With this accreditation CEVA is amongst the first 100 companies in Germany, earning the certification.The AEO concept constitutes a main element of the Customs Security Program of the European Union. With the implementation of the status as an Authorised Economic Operator beginning at January 1st 2008, the European Union has agreed on improved measures of security in combination with customs simplifications. CEVA is now relieved from a series of customs checks and compulsory registrations.
„The AEO-certification is very important for us, since it is a significant criterion for our customers.", says Thomas Kuhn, Country Manager for the Freight Management division of CEVA in Germany. "With this certification we have demonstrated to be a trustful partner, who can set up excellent security concepts and measures."
For more information contact:
CEVA Logistics GmbH Central Europe
Marketing & Communications
Frau Andrea Schneider, Head of Marketing & Communications
Rotfeder-Ring 5
60327 Frankfurt
Tel.: +49 (0) 69 / 4 89 83 - 46 00
E-Mail: presse.de@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 56,000 people and runs an extensive global network with facilities in over 100 countries. Following the acquisition of 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.
