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CEVA Logistics wins Home Delivery contract with Sainsbury’s

23 June 2009 - 17:34 CET

Ashby De La Zouch, UK, 23 June 2009 - CEVA Logistics, a leading global supply chain management company, has been awarded a contract with Sainsbury's to provide nationwide two man white glove home delivery services. Under the contract CEVA will support Sainsbury's Non Food Direct business.

CEVA will manage deliveries across the UK with the majority of orders collected by CEVA from Sainsbury's fulfilment centre in Corby and transported to CEVA's Northampton distribution centre where a convenient delivery time will be agreed with the customer. Other products however, will be ‘made to order', collected by CEVA from the manufacturers and delivered direct to the customer's home. All deliveries will be made via CEVA's UK home delivery network.

"Following a detailed due diligence process CEVA proved itself to be a quality partner with the right cultural fit," says David James, Head of Non Food Logistics, Sainsbury's. "We look forward to working with CEVA as we travel on this exciting journey, growing our Non Food business."

"We are delighted that Sainsbury's has signed up with CEVA," says Nick Cullen, Managing Director, CEVA Logistics UK & Ireland. "Sainsbury's is synonymous with quality and great products and we are particularly pleased they've chosen us as their logistics partner."

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 € 6.3 billion. For more information, please visit www.cevalogistics.com.

For further information please contact:
Lindsey Randle
Tel: 01530 568709
Email: lindsey.randle@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.