CEVA Logistics expands activities for Ford
15 October 2008 - 10:17 CET
New service includes transportation of parts between production processesSÃO PAULO, Brazil, 15 October 2008 - CEVA Logistics, one of the leading supply chain companies in the world, has been chosen to operate the movement of parts in the production processes for Ford's Engine and Transmission factory, in Taubaté, São Paulo State.
With 12 years of services provided to Ford, CEVA manages a warehouse with 5 thousand square meters where it receives, performs and distributes materials, line supplies, production control and product distribution, inter-factory transportation with full-time dedicated trucks, among others. The transportation of parts between production processes, which was previously performed by Ford itself, covers now the engines, transmissions and chassis factories. With the new service, 35 additional employees were added to the workforce, with a total of 162 staff dedicated to the customer.
"Adding the parts transportation to our contract is a milestone achievement, because it shows that Ford recognizes the quality of our services. We work with operational performance ratings to ensure that processes comply with CEVA standards and with customer expectations", highlights Ricardo Melchiori, CEVA Brazil Operations Director.
According to Luiz Carlos Silva, Ford's Material Planning and Logistics Manager, "the expansion in the scope of services provided by CEVA has the goal of achieving a higher integration between the activities of reception, storage and provisioning of the production lines. The new contract includes incorporated activities for part transportation in our manufacturing process. CEVA's is now responsible for the totality of our intralogistics". Silva concludes by saying that this new agreement will help to advance concepts such as Lean Logistics, as well as security matters, "all of this through establishing new supply routes, which are under development", he added.
In addition to the contract with Ford in Brazil, CEVA also provides services for the manufacturer in Australia, Philippines, New Zealand, Turkey, United Kingdom and United States.
For more information contact:
Elisandra Casaroti
Tel: +55 11 4072-6466
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 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 http://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.
