CEVA named one of Ford’s Superior Global Suppliers in 2009
26 May 2010 - 15:49 CET
Leading supply chain solutions company recognized in World Excellence Awards for contributions in transportationHouston, Texas, 26 May 2010 - CEVA Logistics, one of the world's leading supply chain companies, today announced that its Ontario branch office has received Ford Motor Company's World Excellence Award for 2009. The annual awards honor production and non-production suppliers that have exceeded Ford's highest standards in cost, quality, technology and delivery, while at the same time embracing the ONE Ford mindset.
Ford recognized the World Excellence Award winners on April 22 at its 12th annual event, where 40 suppliers from 17 different countries were honored.
"CEVA's commitment to excellence in supply chain services distinguishes the company as a valued member of the ONE Ford team," said Tony Brown, Group Vice President, Global Purchasing for Ford.
CEVA's global reach extends across over 150 countries and more than 1,000 operational sites and its Mississauga, Ontario location provides both freight management and contract logistics services. CEVA is recognized as the market leader in automotive logistics, servicing the needs of all major automotive Original Equipment Manufacturers and suppliers who benefit from CEVA's focused approach, Operations Excellence and flawless implementation.
"CEVA is proud to be working with a great company like Ford, and we're honored to be recognized as a leading supplier," said Steve Kowalkoski, CEVA's Senior Vice President for Automotive in North America. "CEVA and Ford share many values, including a commitment to quality and desire to exceed customer expectations. This award is a validation to CEVA's mission, and to the men and women who make it happen for our customers around the world every day."
For more information contact:
Charlotte Woods
+1 512-691-0636
cwoods@blancandotus.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 198,000 employees and about 90 plants worldwide, the company's automotive brands include Ford, Lincoln, Mercury and, until its sale, Volvo. The company provides financial services through Ford Motor Credit Company. For more information regarding Ford's products, please visit www.ford.com.
CEVA - Making business flow
CEVA Logistics provides world class supply chain solutions for large and medium-size national and multinational companies across the globe. As an industry leader, CEVA offers customers complete supply chain design and implementation in contract logistics and freight management, alone or in combination. CEVA's integrated global network has facilities in over 170 countries and more than 46,000 employees; all dedicated to delivering consistently excellent operations and supply chain solutions. For the year ending 31 December 2009, the Group reported revenues of €5.5 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 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.
