SHANGHAI, March 25, 2013 /PRNewswire/ -- CEVA Logistics, a leading global supply chain management company, has won the Secure Warehouse award at Shanghai Pudong Airport (PVG) Cargo Zone.
The award was presented to CEVA by the Pudong Airport Warehouse Security Steering Committee. An authority that comprises customs, security, transportation management and commodity inspection departments, the committee aims to boost the overall security level of warehouses at the PVG cargo zone by recognizing outstanding performance. Every month, the committee organizes a surprise inspection and gives a monthly appraisal to the warehouses being inspected. At the end of the year, the award is presented to an elite group of warehouses which have accumulated the highest annual score. This is the second time that CEVA has received such an honor, the last time was in 2008.
Jaap Bruining, CEVA's Vice President, Operations, Greater China says: "CEVA is an adamant supporter and practitioner of supply chain security. We've been working consistently to ensure the delivery of a secure network, safe in transit storage and warehousing for our customers. "
"Security is very important to the logistics industry," adds Duncan Gates, Senior Vice President, Business Development, China. "CEVA recognizes that our customers now need advanced supply chain design, strong domestic capability, better visibility and control, and enhanced IT integration. They also view security as paramount; a highly secure supply chain gives customers peace of mind and protects their investment. CEVA provides all of these in one package and we continually look for ways to improve our solutions in line with our customer's requirements."
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
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
Marketing and Communications Manager
Greater China
+ 86-21-2310-7688
Anita.wei@cevalogistics.com
