CEVA Logistics Recognized by Ryder with Carrier Quality Award for International Forwarding
28 August 2008 - 09:44 CET
HOUSTON, Texas, August 28, 2008 - 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.
For more information contact:
Laura Gorham
Laura.Gorham@cevalogistics.com
+1 281-618-3465
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 € 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 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.
