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CEVA Logistics Renews and Extends Agreement with TecnoCom in Spain - CEVA Logistics, one of the world’s leading supply chain companies, has renewed and extended its contract with TecnoCom in Spain
CEVA Logistics Renews and Extends Agreement with TecnoCom in Spain

 

PRZOOM - /newswire/ - Subirats, Spain, 2009/03/31 - CEVA Logistics, one of the world’s leading supply chain companies, has renewed and extended its contract with TecnoCom in Spain.

   
 
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TecnoCom is a leading Spanish Information and Communication Technology service provider with a strong presence in both the Spanish market and in Portugal, Chile, Peru, Mexico and Colombia. The contract renewal includes warehousing and distribution of spare parts throughout Spain and Portugal.

CEVA will also be responsible for the screening check of returned products to the warehouse: parts in the returns flows will be thoroughly checked for defects and allocated either to repair streams or for disposal; depending on the defect. “CEVA will also support the network of 570 TecnoCom technicians by providing the spare parts they require for each project across a range of equipment. We will manage the transport, delivery and collection of products to either a specific Point of Delivery (POD) or small local warehouses” commented Bart Beeks, Technology & Consumer Division Director for CEVA in Iberia.

“CEVA’s ability to manage a large number of product references – approximately 50,000 - and around 100,000 shipments a year with timely delivery skills were decisive factors in our choice of CEVA as our logistics partner,” added Sagrario Alonso, TecnoCom’s Procurement Director.

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 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.

 
 
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CEVA Logistics Renews and Extends Agreement with TecnoCom in Spain

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Contact: Valérie Chevrier - CEVALogistics.com 
+34 93 516 54 00 Valerie.chevrier[.]cevalogistics.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any CEVA Logistics securities in any jurisdiction including any other companies listed or named in this release.

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