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CEVA expands contract logistics business development team to meet growing market demand

JACKSONVILLE, Florida USA, 13 February - CEVA Logistics, a leading provider of global supply chain logistics services, has hired three new business development executives to meet the growing market demand for contract logistics: Tamara, Histand, Rick Allen and David Eaton.

Tamara Histand has been hired as director of global automotive accounts, based in Southfield, Michigan. In her new role, Histand will support the company's business development initiatives where automotive customers require global supply chain solutions. Prior to joining CEVA, Histand spent six years with Ford Motor Company in a variety of progressive roles, including IT strategy and planning manager, supply chain manager, and transportation and export manager. Before that, she was a senior manager with Deloitte Consulting for seven years and spent nine years with GE Aircraft Engines in manufacturing development, spare parts engineering and maintenance cost engineering. Histand received both Bachelor and Master degrees in Industrial Engineering from Rutgers, and received her MBA from the University of Cincinnati.

Rick Allen has joined CEVA as business development director for automotive in Nashville, Tennessee. Allen brings 15 years of global experience in multiple disciplines, driving cross-functional process improvements with particular strengths in transportation, warehousing, inventory planning and supply chain software. Prior to joining CEVA, Allen was director of global logistics strategy for Cummins Filtration. Before that, he was sales consultant with i2 Technologies, supply chain engineer and logistics analyst with MagneTek, and transportation management software consultant for Manugistics. Allen received his Bachelor of Science degree in logistics and transportation from the University of Tennessee, Knoxville, and is also a certified Six Sigma Sponsor and Green Belt.

David Eaton has been hired as business development director, located in the Chicago, Illinois area. In his new role, Eaton will be responsible for developing new business opportunities with current and existing accounts in non-automotive sectors. Eaton comes to CEVA after a 17-year stint with Ryder System. At Ryder, he served in several key sales, finance, and operations roles, including, warehouse general manager, senior finance manager, group logistics manager, manager of area logistics and - most recently - field finance director. His cross-section of sector experience includes automotive, retail, food, commercial paper, manufacturing and heavy equipment. Eaton received his Bachelor of Science degree in organization management and economics from Illinois State University.

For more information contact:
Russ Dixon
Russ.Dixon@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 expands contract logistics business development team to meet growing market demand

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