CEVA leads in Infraeros logistics efficiency ranking

Supply Chain Management Technologies

Supply Chain Management Technologies

CEVA leads in Infraeros logistics efficiency ranking

CEVA leads in Infraeros logistics efficiency ranking

São Paulo, Brazil, 27 October, 2011 – CEVA Logistics, one of the worlds leading supply chain companies, has achieved the position of top importer in the Logistics Efficiency Ranking in the category of mineral extraction by the Brazilian Airport Infrastructure Company (Infraero), for its work at the Rio de Janeiro International Airport – Galeão /Antonio Carlos Jobim.

The monthly ranking, announced last week, is based on date from July and presents the average time for cargo clearance at the airport by sector, identifying the most efficient importers picking up the goods at the Cargo Logistics Terminal (TECA). In this period, CEVAs average time to clear goods for the mineral extraction sector was 25 hours and 32 minutes, compared to the average time for this sector of 75 hours and 40 minutes. CEVA competed with 30 other companies in this category.

According to CEVA, an efficient and dedicated team was key to achieving the top ranking. We have a specialized structure in place to service the drilling companies in Rio de Janeiro, says Rubio Magela Guimarães, Regional and Customs Processing Director for CEVA. This enables us to regularly monitor processes and drive continuous improvements by applying a specialist quality control and management tool, concludes Guimarães.

In 2011, CEVA has already executed more than 42,000 customs clearing processes for customers in the Technology, Automotive and Consumer and Retail sectors.

CEVA is a leading provider of logistics services to the Energy sector, active in the worlds main energy hubs (Amsterdam, Dubai, Houston, Rio de Janeiro and Singapore). In Brazil, the company is responsible for the international transportation and customs clearing processes for more than 60% of the probes assigned to the Brazilian coast.

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CEVA Logistics, one of the worlds leading non-asset based supply chain management 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

This news release may contain forward-looking statements. These statements include, but are not limited to, discussions regarding industry outlook, the Companys expectations regarding the performance of its business, its liquidity and capital resources, its guidance for 2011 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 managements 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 Companys global operations, fluctuations and increases in fuel prices, the Companys 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 Companys financial results, is contained in the Companys annual and quarterly reports, available on the Companys 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.

Our commitment to sustainability helps us reduce waste and share the benefits with our customers. It permeates the way we do business, driving us to innovate and be creative in everything from warehousing operations to transportation, from solution design to procurement policy.

The culture of Operational Excellence is embedded in everything we do across our operations. We have developed robust programs applying it in our Freight and Contract Logistics operations around the globe.

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