São Paulo, 5 October, 2016 – CEVA Logistics, one of the world’s leading supply chain management companies, has been recognized by Ford Motor Company as one of its Top Suppliers in South America.
At Ford’s Top Management annual meeting in São Paulo, Brazil CEVA received the award as 2016’s Top Supplier in the Category Logistics and Transportation. The award is based on a comprehensive assessment that includes criteria such as service performance, cost reductions, and commercial relationship. CEVA’s Executive Vice President for the South America Cluster, Nádia Ribeiro and Osmar Felix, Regional Key Account Director, represented CEVA at the event.
CEVA’s partnership with Ford in South America began more than seven years ago and encompasses freight management services in Brazil and Argentina, both for Air and Ocean Freight, including shipments from Europe, Asia, USA and Mexico to all Ford’s locations in Brazil, and to its main factory in Argentina. The account represents almost 4,000 tons of cargo handled every year through CEVA.
Explains Nádia Ribeiro: "We are honored to receive this award from one of our key customers in the region. It is a great achievement to be recognized as a Top Supplier by Ford after handling their freight business to South America for a number of years.
"Ford is such a recognized brand in the automotive market. This wouldn’t have been possible without the continuous efforts of our CEVA teams in the Brazil and Argentina, who have worked very hard to achieve operational and service excellence for the customer, “ Ribeiro continued. “It is also important to highlight the close collaboration with Ford because excellence is best achieved when we work as a team. This award is a strong testament to the quality of our operations and testifies to our logistics expertise in the automotive sector.”
For further information, please contact:
J. Guilherme Rodrigues
+55 31 98806-5762
+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.
SAFE HARBOR STATEMENT:
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.