CEVA Logistics, a leading global supply chain management company, 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, CEVAâ€™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. CEVAâ€™s guaranteed service is supported by 24-hour live customer support to provide proactive response to any potential service disruptions and to ensure CEVAâ€™s performance meets the customersâ€™ requirements.
â€œCEVAâ€™s legacy of premier service within the United States and Canada has long been a defining characteristic of our success,â€ says Chris Monica, executive vice president, sales and marketing. â€œAnd 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.â€
In addition to Guaranteed Delivery services, CEVAâ€™s Domestic Expedite suite-of-services include Air Charter, Aircraft-on-Ground (AOG) and Ground Expedite service.
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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 â‚¬ 6.3 billion. For more information, please visit 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 Companyâ€™s financial results, is contained in the Companyâ€™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.