São Paulo, Brazil, 05 April 2010 - CEVA Logistics, one of the world’s leading supply chain companies, today announced its participation at Intermodal – an event gathering premier logistics providers, foreign trade and worldwide transportation companies, focused on the expansion of the ocean transportation market.
“Ocean transportation is a growing market in Brazil, and is quickly recovering its export and import volume. Our goal is to exceed the forecasted market growth of 20% in 2010 by offering complete solutions and a combination of services peripheral to ocean transportation, such as intelligent consolidation, customs clearance, international insurance and ground transportation,” says Wagner Covos, Vice President of Business Development for CEVA in Brazil.
CEVA’s growth strategy is based on providing operational excellence and completely integrated solutions and services. To meet the needs of its customers, CEVA has increased the number of employees specialized in the ocean sector to add more expertise to the business. The company has a contract with all major carriers in the regions where it operates and CEVA’s global structure provides offices and support at origin and destination. “These details are key for the customer when it comes time for choosing a logistics provider,” added Covos.
“At Intermodal we will demonstrate CEVA’s ocean transportation capabilities, as well as our complete suite of services that support the entire supply chain,” said the executive.
Intermodal will take place 6-8 April at Transamérica Expo Center, located at Av. Dr. Mário Vilas Boas Rodrigues, 387, in Santo Amaro, São Paulo. CEVA’s stand is located at A27 space. For more information on the event, access: www.intermodal.com.br.
For more information contact:
+55 11 2199-6820
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.