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CEVA China launches “CEVA Ground China” services
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Shanghai, China, 04 September 2009 – CEVA, a leading global supply chain management company, today announces a major re-branding project, which sees its China premier time definite domestic road transport services renamed and launched as “CEVA Ground China”.
This rebrand will unite multiple domestic services including Line Haul Solution, Pick Up and Delivery and Cross Border, under the one name of “CEVA Ground China”. This move not only enables CEVA Ground China’s 600 employees to provide domestics services under one brand, but also satisfy customer’s end-to-end operational needs for last mile delivery, extending from the factory floor to the retail door, so that complete Business to Business and Business to Consumer services are offered to customers in all sectors.
CEVA Ground has a proven track record of providing efficient services to customers, offering them a secure chain of custody with real-time, web-enabled visibility through its China wide transportation service.
As of today, CEVA Ground China handles an excess of 230 million kilos of road, rail and domestic air cargo throughout Greater China every year, making it one of the leading international service providers in China’s domestic transportation market.
Ditlev Blicher, CEVA Regional Vice President for North Asia, said: “With our newly rebranded and time-definite options, our customers will have access to an unprecedented suite of domestic expedited services which allow greater control, reduced risk, improved velocity and ultimately reduced delivery costs on critical shipments.”
Air and Ocean Freight Management, Contract Logistics and CEVA Ground are the three business units at CEVA China which provide customers with an integrated portfolio of supply chain logistics solutions.
Felix Lo
+ 852 2942 0236
felix.lo@cevalogistics.com
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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, 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.
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