Ashby-de-la-Zouch, UK, 18 September 2017 – In order to further enhance its service offering to customers, CEVA Logistics, one of the world’s largest supply chain management companies, has signed a three year lease with Dawsonrentals|truck & trailer in the UK to provide 120 new vehicles to upgrade its vehicle fleet. Commencing this autumn, CEVA will introduce a series of IVECO Stralis tractor units into its operation to enhance efficiency, produce greater fuel economy and increase focus on sustainability through minimizing the impact of its fleet on the environment.
The 44 tonne gross vehicle weight vehicles are each fitted with sleeper cabs and will be distributed throughout the second half of this year across a number of CEVA’s operations, including in the Consumer Retail, Automotive and Healthcare sectors. They have been acquired to upgrade the current fleet to ensure that CEVA’s customers continue to receive the best possible service for their supply chains.
"We believe that our customers’ deliveries should be undertaken using the most modern and efficient equipment. By adding these state-of-the-art vehicles to our fleet, we will be able to operate with the very best equipment and enable us to manage our customers' supply chains to the highest possible standards," states CEVA's Executive Vice President UK, Ireland and Nordics, Michael O'Donoghue.
Adds Dawsonrentals’ Managing Director, John Fletcher, "Dawsonrentals’ unique structure means we can react quickly to customer needs. Having understood CEVA’s focus on reliability, support and fuel performance, both for economy and environmental reasons, we were able to recommend the right vehicle package, and as importantly, move fast to secure trucks with a very specific spec and mobilise the whole project on time within a mutually acceptable contracted price.”
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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 2017 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.