CEVA Logistics secures contract extension with E.ON
10 April 2008 - 10:39 CET
The operation involves a 24 hour, 365 days a year emergency delivery service
ASHBY DE LA ZOUCH, 9 April 2008 - CEVA Logistics, one of the leading supply chain companies in the world, will take responsibility for all logistics activities associated with E.ON's electricity distribution in the UK, following a contract extension. This is the third consecutive time that E.ON, the UK's largest integrated energy company, renews the contract with CEVA.
The scope of CEVA's operations includes management of a 220,000 square feet distribution centre at Huthwaite, in Nottinghamshire, and a number of satellite distribution depots; distribution to 60 emergency stores; deliveries of pick to order material; trunking to regional depots and a supplier collection service of road side signs and barriers. The operation also provides a 24 hour, 365 days a year emergency delivery service. Besides, CEVA undertakes specialist off-road activities involving pole planting, augur drilling and erection of street lighting. This work involves CEVA Logistics' specialists working alongside E.ON craftsmen in the vicinity of live lines.
"We are delighted that after a competitive tender process E.ON is continuing to work with CEVA Logistics," says Rob McWhirter, Managing Director, Business Development for CEVA Logistics. "Our two companies have worked in partnership since 1996, and we are extremely proud of this long-standing relationship."
CEVA has introduced a smart solution programme that includes new initiatives which are being rolled out in the short, medium and long term. The CEVA LEAN team has already conducted a number of studies to improve efficiency and every manager on the contract has received LEAN training to maintain this approach. In the long term, CEVA is developing its IT systems to provide even greater visibility of reporting for service engineers. Environmental initiatives are also ongoing."
Malcolm Russell, E.ON Networks Logistics Manager says "The contract win is testimony to the professionalism and enthusiasm of the CEVA team. They share our passion for service excellence, reliability and health and safety, which underpins everything we do. Working with CEVA enables our engineers to focus on what they do best, core value added engineering activities."
E.ON provides power to 4.9 million customers across central England, through 133,000 kilometres of underground and overhead cables and via a network of 97,000 substations. The region extends from the Peak District in the North, to the outskirts of Bristol in the south, and the Welsh borders to the Lincolnshire coast in the east.
For more information contact:
Lindsey Randle
Communications Officer
+44 (0)1530 568709
Lindsey.Randle@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 http://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.
