CEVA develops a Multimodal Transportation Service for commodities
21 July 2008 - 17:00 CET
Agile logistics processes designed by CEVA and multimodal container developed by BR-S are project highlightsDIADEMA, São Paulo, Brazil, July 21st, 2008, - CEVA Logistics - Contracts Logistics Division - has developed a commodities transportation project aiming at extending its activities for bulk cargo and freight - a sector that is relatively unexplored in Brazil. In partnership with BR-S Brasil Sistema Logístico, CEVA will be the only logistics provider to offer Multimodal and Multicargo Cointainers (MMCs) to the market - developed for the transportation of products such as steel, grains and solid bulks, among other products. The container tilts and cuts down on loading and unloading time because it is coated with an anti-adherent material, making cleaning easier.
The service will initially be offered only in Brazil, but it may be expanded to other Mercosul (Southern Common Market, established in 1991) countries. "In the commodities sector there is huge demand for transportation, with large shippers transporting their products independently. CEVA's proposal is to reconcile complementary cargo flows and identify synergies that generate gains for all involved," stated Ricardo Melchiori, CEVA Logistics Operations Director.
The MMCs were entirely developed and patented by BR-S. Victor Gola, BR-S Project Manager believes that the partnership with CEVA will provide differentiated logistics services to the market: "We know how much the logistics sectors values agility, and that is why we worked on the project. We do not need a huge number of containers to serve our customers, since the MMC cleaning process is extremely fast, and therefore turnover will also be accelerated", says.
CEVA's role is to manage the container information and logistic flow from the customer to the final destination. "We will use the entire network available in Brazil. With cargo unification, we will perform better and reduce transit time, streamlining customers' costs," adds Melchiori.
For more information contact:
Elisandra Casaroti
Tel: + 55 11 4072.6466
elisandra.casaroti@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.
About BR-S
The company's mission is to meet customers' needs, by developing multimodal logistics projects that lead to reduced costs through integrated information systems for the monitoring of processes in the logistics chain at a high standard of quality and security.
For more information, visit www.brslogistica.com.br.
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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.
