HOUSTON, Nov. 24 /PRNewswire/ -- CEVA Logistics, one of the leading supply
chain companies in the world, today announced it will officially launch
Guaranteed Delivery services in the United States and Canada on December 1,
2008. Supported by one of the largest forwarder networks in North America,
CEVA's Guaranteed Delivery services offer customers a secure chain of custody
with real-time, web-enabled visibility.
CEVA Logistics handles over two billion pounds of air and surface cargo
within its network in the United States and Canada annually. This business is
supported by fifteen strategic airline partners, 1,500 weekly line-haul
dispatches and a fleet of nearly 2,000 pick-up and delivery drivers. CEVA's
Guaranteed service is supported by 24-hour live customer support to provide
proactive response to any potential service disruptions and to ensure CEVA's
performance meets the customers' requirements.
"CEVA's legacy of premier service within the United States and Canada has
long been a defining characteristic of our success," says Chris Monica,
executive vice president, sales and marketing. "And now, with our new
Guaranteed and time-definite service options, our customers have access to an
unprecedented suite of domestic expedite services that gives them greater
control, reduced risk, improved velocity and ultimately lowered delivered cost
on their critical shipments."
In addition to Guaranteed Delivery services, CEVA's Domestic Expedite
suite-of-services include Air Charter, Aircraft-on-Ground (AOG) and Ground
Expedite service.
CEVA. Making Business Flow
CEVA Logistics is a leading global supply chain management company. We
provide end-to-end design, implementation and operational solutions in
contract logistics and freight forwarding to large and medium-sized national
and multinational companies. CEVA employs 56,000 people and runs an extensive
global network with facilities in over 100 countries. Following the
acquisition of EGL in August 2007, the new combined company had pro forma
sales of euro 6.3 billion. For more information, please visit
http://www.cevalogistics.com
SAFE HARBOR STATEMENT UNDER THE PRIVATE SECURITIES LITIGATION REFORM ACT
of 1995:
The statements included in this news release, and other statements that
are not historical facts, may contain forward-looking statements. In addition
to the assumptions specifically mentioned in the above paragraphs, there are a
number of other factors that could cause actual results and developments to
differ materially from those expressed or implied by these forward-looking
statements. These factors include, but are not limited to, the process of
combining EGL and CEVA, the actual effects of recent and future regulatory
changes and technological developments, globalization, levels of spending in
major economies, the economic climate in Asia and the US, levels of marketing
and promotional expenditure, actions of competitors and joint venture
partners, employee costs, future exchange and interest rates, changes in tax
rates, unexpected costs of integrating recently acquired businesses and future
business combination or dispositions and other factors detailed in risk
factors and elsewhere in CEVA and EGL's most recent Annual Reports, including
but not restricted to the EGL Annual Report on Form 10-K. 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 filings with the Securities and Exchange Commission. 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. EGL and
CEVA disclaim any intention or obligation to update publicly or revise such
statements, whether as a result of new information, future events or
otherwise.
