CEVA named Logistics Provider of the Year at the Payload Asia Awards 2012
Singapore, 25 September, 2012 – CEVA Logistics, a leading global supply chain management company, has been named the overall winner for the ‘Logistics Provider of the Year’ category at the Payload Asia Awards 2012, held in Singapore recently.
Organized for the first time by the region’s leading air cargo publication, Payload Asia, the Awards highlight the excellent contributions of leading supply chain organizations in the air cargo industry in Asia, particularly in market adeptness, innovative products or superior strategy to make a positive impact on the market. Payload Asia, in its 27th year of publication is one of the leading authoritative sources of information and news on the air cargo industry and related sectors in Asia.
Didier Chenneveau, CEVA’s President of Asia Pacific commented: “I am very pleased that CEVA has been named the ‘Logistics Provider of the Year’ by Payload Asia. We are honored to be recognized by industry practitioners for our commitment to the air cargo industry and delivering integrated end-to-end supply chain solutions and service excellence to our customers. Putting our customers at the heart of what we do has enabled CEVA to stand out competitively.”
Companies in various categories are shortlisted by a panel of independent judges made up of well-respected professionals and leaders in the air cargo industry. Three companies are subsequently shortlisted as finalists in each category. The winner of each category was selected through a final round of online voting by readers of Payload Asia and industry professionals from across the world.
CEVA's strategic collaboration with core carriers and continued focus on increasing operational efficiencies to support its customers' logistics needs have enabled the company to stand out competitively in Airfreight management. As a global 3PL provider, CEVA is well positioned to deliver value that benefits customers through integrated end-to-end supply chain solutions combining Freight Management and Contract Logistics services.
For more information contact:
Wen Dee Foo, Director, Marketing and Communications, CEVA, Asia Pacific
wendee.foo@cevalogistics.com
+65 65072650
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 51,000 employees are dedicated to delivering effective and robust supply chain solutions across a variety of sectors and CEVA applies its operational expertise to provide best-in-class services across its integrated network, with a presence in over 170 countries. For the year ending 31 December 2011, the Group reported revenues of €6.9 billion. 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 2012 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.
