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CEVA Logistics wins the 2008 Logistics Operator of the Year award thanks to its operational excellence and innovation

Milan, November 7, 2008 - CEVA Logistics, a leading global supply chain management company and the biggest logistics operator in Italy, has been awarded the prestigious "Logistics Operator of the Year" prize for 2008 in the Logistics Innovation category, thanks to a project carried out with Jal Group, European leader and the world's second biggest company in the design, production and marketing of professional safety footwear.

This award for the most innovative logistics project is presented every year by Assologistica, the Italian national association that groups together the biggest logistics operators for third parties. The prize goes to logistics companies and managers that have stood out for introducing innovations in various areas, such as technology, real estate, the environment, transport (sea, ground, air and intermodal) and business globalization. Each year members of Assologistica, Assologistica Cultura e Formazione, and the Euromerci editorial team identify those companies that have been able to transform innovation into concrete benefits for their business.

Jal began a partnership with CEVA in 2008 to comprehensively redesign its logistics flows in Europe, which until now had been highly fragmented. Jal identified in CEVA a logistics partner that, in terms of expertise and proven international excellence, was the best possible choice for the unified and integrated management of the logistics chain, providing a completely tailor-made service.
CEVA acquired the responsibility of transporting the raw materials used for the manufacture of safety footwear to the manufacturing unit in Tunisia (inbound operations) and the transport of finished products from Tunisia to the various countries in which the products are marketed (outbound operations). Outbound transportation is concentrated at the Scarmagno warehouse, which is used for the unified management of the Jal Group stock.

Thanks to the integrated logistics solution developed by CEVA, Jal has been able to grasp new business opportunities and respond to the requirements of its market with great flexibility and timeliness. The restructured logistics flows implemented by CEVA have enabled operating processes to be significantly simplified, resulting in the immediate optimization of the cost/benefit ratio.

Per maggiori informazioni:
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 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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CEVA Logistics wins the 2008 Logistics Operator of the Year award thanks to its operational excellence and innovation

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