CEVA Logistics Launches Inbound Contract for FORD

CEVA Logistics, a leading global supply chain management company, has launched the operation of an inbound manufacturing support facility for Ford Motor Company’s Kentucky Truck plant in Louisville. Ford, a global leader in the automotive industry, manufactures and distributes several well-known automobile brands.

The operation, which is located in close proximity to the plant, provides small lot market place replenishment, container management as well as just in time transportation of all material in quick response to the plant’s specific build needs. The facility has added over 25 jobs to the area. While CEVA Logistics provides a variety of logistics services to Ford in many locations across the world, this is the first contract for this particular truck plant. The launch of this new facility expands on the long-standing, successful CEVA-Ford partnership

“We’re happy to have been selected by Ford Motor Company to support this truck manufacturing plant,” said Kerry Zielinski, Vice President Automotive Sales, CEVA Logistics. “Our launch was an exciting committed adventure for CEVA as we launched during what was called the worst ice storm in Louisville history.” He added, “Our team worked without power, without computers or even phones in 35 degree weather to maintain production for Ford at this plant”. Lastly he said, “Our creative solutions kept the plant working and our efforts were appreciated by the Ford Group.”

CEVA Logistics has received three unique “Q1” awards from the Ford Motor Company for our various truckload and fleet transportation operations in the United States and Canada. The “Q1” Award is the highest honor attainable for Ford’s preferred suppliers. The award recognizes suppliers who have achieved a sustained level of excellence in customer satisfaction, while meeting Ford’s systems and results requirements in quality, delivery and management. In addition, suppliers must have endorsements from Ford’s key customers and meet Ford-defined performance metrics.
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For more information please contact:
Dennis Gerard
Director, Marketing and Communications
W: (904)928-1571

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 management to large and medium-sized national and multinational companies. CEVA employs circa 50,000 people and runs an extensive global network with facilities in over 100 countries. For the year ending 31 December 2008, the Group reported revenues of €6.3bn. For more information, please visit www.cevalogistics.com

About Ford Motor Company
Ford Motor Company, a global automotive industry leader based in Dearborn, Mich., manufactures or distributes automobiles across six continents. With about 213,000 employees and about 90 plants worldwide, the company’s wholly owned automotive brands include Ford, Lincoln, Mercury and Volvo. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford’s products, please visit www.ford.com

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 downturn in Asia, Europe and the US, including the economic downturn in the automotive sector, 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 future business combinations or dispositions and other factors detailed in risk factors and elsewhere in CEVA most recent Annual Reports. 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. 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.

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