HOUSTON, Aug. 21 /PRNewswire/ -- CEVA Logistics, one of the leading
supply chain companies in the world, was recently honored by Ryder Systems,
Inc. as the recipient of the "Ryder Carrier Quality Award" for
international forwarding services performed in 2007. This distinction marks
the second consecutive year the company has received this award and the
fifth in the past six years.
The Carrier Quality Award recognizes excellence through a variety of
metrics, and top carriers are selected using the Ryder Transportation
Management's 200-point carrier quality process that evaluates on-time
performance, claims handling, customer service, technology applications,
economic value and innovation.
"We take great pride in being Ryder's top international provider.
Receiving this award five times in six years is truly a tribute to our
people and their dedication to providing the highest level of service to
our customers," said Joe Bento, CEVA President, Americas and Global Freight
Management.
"Ryder is proud to recognize its top-performing carriers of 2007 who
provide outstanding service and share our commitment to helping our
customers operate more efficiently," said Todd Carter, Ryder Vice President
and General Manager for Transportation Management.
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 54,000 people and runs
an extensive global network with facilities in over 100 countries.
Following the merger with 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.
SOURCE CEVA Logistics
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Related links:
http://www.cevalogistics.com
CONTACT:
Laura Gorham of CEVA Logistics,
+1-281-618-3465, Laura.Gorham@cevalogistics.com
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