CEVA Newsfast Named ‘Road Freight Operator of the Year’
26 June 2008 - 15:05 CET
Innovative principles including LEAN proved essential for business success
ASHBY DE LA ZOUCH, 26 June 2008 - One of the UK's leading supply chain operators, CEVA Newsfast has won the title of ‘Road Freight Operator of the Year' at the prestigious International Freighting Weekly awards, held at the Honourable Artillery Company in London. CEVA Newsfast is the market leader in the provision of transportation services on behalf of the national newspaper publishers and major magazine distributors. It carries more than 100 million newspapers a week and also makes more than 1,000 wholesale magazine deliveries every week, for 1,300 different titles. Its other business includes delivering stationery, packaging, books (including the Harry Potter launches), mail and FMCG products, both ambient food and general merchandise.
David Bermingham, Managing Director, CEVA Newsfast collected the award on behalf of his team. He said: "The development of innovative principles such as LEAN and SAFED (Safe and Fuel Efficient Driving), combined with engineering compliance and cost control have delivered continuous improvement right across our business. These processes have proved essential for combating increasing industry costs, while maintaining a high quality of customer service and outstanding operational efficiency."
CEVA Newsfast provides shared user warehousing and distribution solutions for major FMCG suppliers such as John West, Twinings, Wrigleys, Whitworths and Del Monte and operates primary consolidation centre facilities to leading multiple retailers Tesco, Somerfield and Asda. Its network comprises of 19 depots and 800 vehicles, and via an integrated warehouse and transport management system, provides customers with total visibility throughout the supply chain. To achieve innovation and improvement the company applies a "Zero Defect Start-up" programme to all new business.
"We can offer each client the individual service they require to serve their own customers, while, at the same time, offering them the cost-efficiencies of a multi-user system," says Mr Bermingham. "CEVA Newsfast is a creative business which has evolved year on year through the re-design of the publishing supply chain from the transportation of newspapers from rail to road, to the inclusion of magazines, the integration of postal logistics activities, and high street retail deliveries.
For more information contact:
Lindsey Randle
Communications Officer
07748 334022
Lindsey.Randle@cevalogistics.com
CEVA. Making Business Flow
CEVA Logistics is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight forwarding to large and medium-sized national and multinational companies. CEVA employs 54,000 people and runs an extensive global network with facilities in over 100 countries. Following the merger with EGL in August 2007, the new combined company had pro forma sales of € 6.3 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 climate in Asia and the US, 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 integrating recently acquired businesses and future business combination or dispositions and other factors detailed in risk factors and elsewhere in CEVA and EGL's most recent Annual Reports, including but not restricted to the EGL Annual Report on Form 10-K. 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 filings with the Securities and Exchange Commission. 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. EGL and CEVA disclaim any intention or obligation to update publicly or revise such statements, whether as a result of new information, future events or otherwise.
