CEVA Logistics is awarded a three year contract for the transportation of Piaggio and Aprilia two-wheel motor vehicles
08 April 2008 - 11:40 CET
MILAN, 8 April 2008 - CEVA Logistics, one of the leading supply chain companies in the world and top operator in Italy, was appointed the sole partner for Aprilia and Piaggio motor vehicle distribution in Italy and Europe by the Piaggio Group, one of the world's top manufacturers of two-wheel motor vehicles. The initial partnership, which included warehousing management and spare parts transportation in Italy and Europe, has expanded to include the management of finished products and their distribution to dealers in Italy and Europe. CEVA manages Piaggio di Santa Maria di Sala and Gausticce warehouses, with a combined space of around 30,000 square metres.CEVA has made both standard and double decker means of transport available to Customers in order to deal with the 400,000 motor vehicles distributed per year. Double deck transport is a form of transport on two levels, mainly used to carry motorbikes. CEVA also optimizes the distribution flow, maximizes resources and controls costs in planning the delivery of motor vehicles that have been ordered. The Track and Trace service guarantees Piaggio maximum access to transportation data allowing constant monitoring of the distribution flow and status of deliveries, making it possible to quickly identify problems or difficulties.
Moreover, CEVA manages the dealer assistance service for Piaggio, through a dedicated portal with reserved access. "We have been working with Piaggio for several years and the decision to rely on us entirely to deliver finished products is the most important recognition of our commitment and continuous quest for excellence, which we apply in the management of all our lines of logistics," said Gianfranco Sgro, Chief Operating Officer and Managing Director of CEVA Logistics for South Europe, Middle East and Africa. "We are always looking to find ways to obtain maximum integration with our customers at the same time that we offer maximum flexibility, so that we can always respond rapidly and efficiently to market demands."
For more information:
Sara Faravelli
Marketing & Communication Manager
+39 02 89230270
sara.faravelli@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.
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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.
