Ashby-de-la-Zouch, UK, 27 March, 2017 – CEVA Logistics, one of the world’s largest supply chain management companies has officially opened a state of the art shared-user warehouse at the new iPort intermodal logistics park on the outskirts of Doncaster in the UK.
The 215,800 square foot facility boasts a number of special features including VNA (Very Narrow Aisle) and gravity fed racking which enable a high density of stock to be stored via a ‘first in, first out’ system. The site can accommodate up to 28,000 pallets and as well as being adjacent to a 35 acre rail terminal, offers parking bays for 110 HGV in its 55 meter yard.
Operating the facility on behalf of a number of consumer and retail customers CEVA is able to provide warehousing, planning, transport, administration, customized value-added services and cross-docking functions from iPort. The site will begin by operating 24/6 and includes other features such as an in-rack sprinkler system and TAPA security (Transported Asset Protection Association) to ensure the safety of all stock.
"Situated at Junction 3 of the M18 motorway, iPort gives us great access to the whole of the north of the UK enabling us to receive and deliver to customers in timely fashion," states CEVA's Executive Vice President UK, Ireland and Nordics, Michael O'Donoghue. "The modern design of the facility and the built-in energy saving features such as intelligent LED lighting will enable us to reduce our overall carbon footprint and increase the sustainability of our operation whilst at the same time delivering the best-in-class services our customers have come to rightly expect."
O'Donoghue continues, “This is an important investment for CEVA. It is a statement of the confidence we have in our business and most importantly, it will bring tangible benefits to our customers through economies of scale, shared resources and CEVA’s industry leading technology.”
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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.