CEVA launches Saturday Night Expedite service enhancement to Consolidated Border Truck program
Leading logistics company provides true Just in Time delivery
Houston, Texas, 26 April 2011 – CEVA Logistics, a leading global supply chain management company, today announced the addition of Saturday Night Expedite to its Consolidated Border Truck (CBT) program. The new offering provides services for Saturday deliveries into the U.S. from Mexico that need to arrive in the Midwest or Ontario, Canada by Monday morning.
Saturday Night Expedite is the latest addition to a variety of services offered through CEVA’s CBT program. Originally developed for freight from the U.S./Mexican border to support Just in Time plants in the Midwest and in Canada, the program has since evolved into a flexible and customizable solution based on customer feedback. The Saturday Night Expedite service was designed to answer new delivery demands, as automotive companies, in particular, find that if freight is not delivered on time, the plant could face significant production costs.
“2011 looks to be another outstanding year as our border truck program has started very strongly and we are adding valuable new services like the Saturday Night Expedite,” said Ron Wituski, Manager of Business Development for Domestic Premium and Expedited Services for CEVA. “We are pleased to be able to meet and exceed our customers’ needs by optimizing deliveries and ultimately saving them time and money.”
Saturday Night Expedite is generating strong early customer interest and already accounts for a significant piece of the CBT program. “CEVA continues to break new barriers by offering these types of integrated solutions that illustrate our strong commitment to our customers,” added Wituski.
CEVA - Making business flow
CEVA Logistics, one of the world’s leading supply chain companies, designs and implements industry leading solutions for large and medium-size national and multinational companies. Approximately 50,000 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 2010, the Group reported revenues of €6.8 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 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.
