SCG The Select Carrier Group rebrands to CEVA Ground
03 November 2008 - 15:26 CET
HOUSTON, Texas, November 3, 2008 - SCG The Select Carrier Group has been renamed CEVA Ground - a sub-brand of CEVA Logistics based in The Netherlands. This is done in alignment with its parent company to ensure consistency of service delivery with similar service offerings elsewhere globally.The United States entity is one of the first companies to undergo the name change. Clayton Halla, the Chief Operating Officer of CEVA Ground US, has been championing the rebrand efforts and is very energetic about the alignment of synergies between CEVA Logistics and CEVA Ground. "We feel that the new brand better differentiates and defines our services in the marketplace. With the breadth of the combined transportation services offered by the two companies, CEVA Ground will be able to offer end to end supply chain solutions to fit the needs of our growing customer base," stated Halla.
CEVA Ground will further expand on the services offered by the former SCG, focusing on driving value in the area of transportation management. The core products under the new brand will be Full and Less than Truckload (FTL and LTL) transportation along with dedicated fleet services, intermodal marketing and full transportation brokerage services. "We've been waiting for this name change, and we are excited to get the ball rolling," stated Halla. The rebranding efforts will extend 60 - 90 days, but any effect the company's customer base will be minimal. "The transition will be seamless," stated Halla. "Our customers will continue to receive the world class service they are used to receiving from SCG."
For more information contact:
Paula Satink
+ 31 23 568 3492
Paula.Satink@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 56,000 people and runs an extensive global network with facilities in over 100 countries. Following the acquisition of 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.
