CEVA also crowned Airfreight Partner of the Year
Singapore, 21 November 2016 - CEVA Logistics, one of the world’s largest supply chain management companies, was a winner at the Supply Chain Asia Night 2016, held in Singapore on 17 November, 2016. CEVA’s Elaine Low, Executive Vice President of Southeast Asia, was named the Supply Chain CEO of the Year and the company also won the Airfreight Partner of the Year award for the second year running.
The awards recognize CEVA’s commitment to innovation and quality in supply chain and logistics while serving both its customers and partners.
The annual awards, organized by Supply Chain Asia, are designed to reward organizations and individuals who have made a difference in delivering innovation and driving excellence in the development of the supply chain and logistics industry, both regionally and globally. Guest of Honor at the event was Josephine Teo, Senior Minister of State, PMO, Ministry of Foreign Affairs & Ministry of Transport in the Singapore Government.
Elaine Low, CEVA’s Executive Vice President of Southeast Asia commented: “I am deeply honored to be named the Supply Chain CEO of the Year award. However, I do believe this recognition truly belongs to our entire Southeast Asia team. Their dedication and commitment to always giving their best and putting our customers first is what makes my job rewarding.
“Winning the Airfreight Partner of the Year award for the second year running is a real testament to the team's long-term commitment at CEVA. We are grateful for the invaluable support from our customers and carrier partners in this journey to success, in spite of the challenging market conditions and increasing competitiveness,” added Elaine Low.
CEVA's strong partnerships with carriers and its continued focus on increasing operational efficiencies to support its customers' logistics needs have enabled the company to continue to evolve its capabilities in freight management and contract logistics. CEVA combines a global network with a presence in over 160 countries with local expertise in various market sectors to serve its customers.
For more information please contact:
Foo Wen Dee
Director, Marketing and Communications, SEA
T: +44 (0)208 941 5381
CEVA - Making business flow
CEVA Logistics, one of the world’s leading non-asset based supply-chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 41,000 employees in more than 160 countries are dedicated to delivering effective and robust supply-chain solutions across a variety of sectors where CEVA applies its operational expertise to provide best-in-class services across its integrated network. For more information, please visit www.cevalogistics.com.
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This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company’s expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2016 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as “believes” “anticipates,” “expects,” “intends,” “plans,” “continues,” “estimates,” “predicts,” “projects,” “forecasts,” and similar expressions. All forward-looking statements are based on management’s current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company’s global operations, fluctuations and increases in fuel prices, the Company’s substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. 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 annual and quarterly reports, available on the Company’s website, which investors are strongly encouraged to review. 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. CEVA disclaims any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.