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CEVA Pallecon launches sub-agency to meet demand for its products

CEVA in the right patch with vegetable growers looking for fresh packaging solutions

MELBOURNE, Australia, 15 October 2009 – CEVA Logistics, a leading global supply chain management company, through its materials handling arm in Australia, CEVA Pallecon, has launched a new sub-agency at Lindenow in East Gippsland, Victoria, to provide vegetable growers with a new range of fresh food packaging solutions.

East Gippsland is one of Australia’s principal farming regions and produces a wide variety of seasonal products including broccoli, lettuce and cabbage for local and national markets. With a new harvest season about to commence there has been an increase in demand from local vegetable growers to use CEVA’s plastic folding CEVAbins in their supply chains.

The CEVAbin is designed to meet a standard Australian footprint and folds down to one third of its size to make freight and storage of products easier for the grower. CEVAbins are available on a flexible rental basis in vented and non-vented models are made from 100% recyclable food grade polymer and are UV stabilised.

Howard Critchley, Managing Director of CEVA in Australia, said: “It’s important that we provide customers with the right products and proven solutions to meet their supply chain requirements. By opening a sub-agency in the region, we are able to provide a personalised and timely service that will meet the rising demand for our products, including our market leading CEVAbin. We will monitor the performance of this sub-agency closely with a view to opening similar sub-agencies at other principal food growing regions in Australia.”

Mr Sab Lanteri, CEVA’s Sub-Agent, said: “Demand for the innovative CEVAbin has been fuelled by local growers looking for a light-weight packaging solution that can withstand the most rugged operating environment. Unlike other folding bins available on the market, CEVAbins have smooth inner walls that provide superior product protection – this provides a significant advantage when rotating the bin as the product does not become caught in wall recesses.”

The new sub-agency at 78 Henry Street, Lindenow, Victoria is now open for business.

For more information contact:

David Cliffe
+613 9931 9959
david.cliffe@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 Pallecon launches sub-agency to meet demand for its products

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