SINGAPORE, Dec. 13, 2012 /PRNewswire/ -- CEVA Logistics, a leading global supply chain management company, was named the Airfreight Forwarder of the Year at the Supply Chain Asia Logistics Awards 2012, held recently in Singapore.
The annual awards organized by Supply Chain Asia (SCA) are designed to recognize and commend companies and industry professionals in logistics and supply chain for their innovations, best practices and leading solutions contributing to excellence in the industry. Finalists in each category were first selected through online public voting. CEVA was voted as a finalist in the Airfreight Forwarder of the Year category. Winners in each category were then selected by an independent panel of judges comprising Asia's leading supply chain industry experts. CEVA emerged as the overall winner in the Airfreight Forwarder category.
Didier Chenneveau, CEVA's President for Asia Pacific said, "It is an honor for CEVA to be named the Airfreight Forwarder of the Year twice in the last two years. This award is a strong endorsement of CEVA's capabilities in Airfreight. We are pleased to be recognized as an industry leader in creating value and delivering superior services to both our customers and carrier partners in the region."
Strong partnerships with airline carriers is a competitive strength of CEVA as the company builds on strategic collaborations in procurement and Airfreight network capabilities to better support its customers' logistics needs worldwide. CEVA's combines a global network with a presence in over 170 countries with local expertise in various market sectors to serve its customers.
Supply Chain Asia, together with its SCA publication and industry awards, is a long established platform which allows industry professionals and companies to network, share information and further knowledge in the supply chain industry.
CEVA - Making business flow
CEVA Logistics, one of the world's leading non-asset based supply chain management companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 51,000 employees are dedicated to delivering effective and robust supply chain solutions across a variety of sectors and CEVA applies its operational expertise to provide best-in-class services across its integrated network, with a presence in over 170 countries. For the year ending 31 December 2011, the Group reported revenues of €6.9 billion. For more information, please visit www.cevalogistics.com
SAFE HARBOR STATEMENT:
This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Company's expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2012 and beyond, and the other non-historical statements. These statements can be identified by the use of words such as "believes" "anticipates," "expects," "intends," "plans," "continues," "estimates," "predicts," "projects," "forecasts," and similar expressions. All forward-looking statements are based on management's current expectations and beliefs only as of the date of this press release and, in addition to the assumptions specifically mentioned in the above paragraphs, there are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward-looking statements, including the effect of local and national economic, credit and capital market conditions, a downturn in the industries in which we operate (including the automotive industry and the airfreight business), risks associated with the Company's global operations, fluctuations and increases in fuel prices, the Company's substantial indebtedness, restrictions contained in its debt agreements and risks that it will be unable to compete effectively. 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, which investors are strongly encouraged to review. 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.
For more information contact:
Anita Wei
Anita.wei@cevalogistics.com
+86-21-2310-7688
