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NewswireTODAY - /newswire/ -
Dubai, uae, United Arab Emirates, 2009/03/25 - CEVA Logistics, one of the world’s leading supply chain companies, has renewed its partnership with GO Sport - the largest distributor of sports gear in the United Arab Emirates - for the management of their supply chain in the Middle East.
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The new contract includes home delivery and assembly solutions with the support of a dedicated fleet. All activities will be carried out at the new CEVA warehouse in the Jafza region, a site that plays a central role in the company's development strategy for the Middle East.
GO Sport, the third largest distributor of sports clothing, footwear and equipments in France, with 160 stores worldwide and five in the Middle East, started its cooperation with CEVA in 2007. Today 90% of GO Sport's Middle-Eastern supply chain is managed by CEVA, which processes over 1.5 million garments, sporting equipment and accessories for the retailer.
“We consider GO Sport's decision to confirm its trust in CEVA for the management of its logistics activities in the Middle East, as a recognition of our ability to support our customers in their transformation and expansion processes, providing services customized to their changing needs" commented Gianfranco Sgro, President of CEVA for South Europe, Middle East and Africa.
About CEVA Making Business Flow
CEVA Logistics (cevalogistics.com) is a leading global supply chain management company. We provide end-to-end design, implementation and operational solutions in contract logistics and freight management to large and medium-sized national and multinational companies. CEVA employs circa 50,000 people and runs an extensive global network with facilities in over 100 countries. For the year ending 31 December 2008, the Group reported revenues of €6.3bn.
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.
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wade.thompson[.]cevalogistics.com 
