News | March 26, 2009

CEVA Logistics Wins WABCO Account In The Middle East

CEVA Logistics, one of the world's leading supply chain companies, recently announced it has signed a contract with WABCO. WABCO is a leader in supplying safety and control systems for commercial vehicles and has appointed CEVA to manage its logistics and export services in the Middle East, North Africa and Indian subcontinent. CEVA will warehouse, collect and pack WABCO's products in the Middle East and will manage all inbound freight as part of the Global Lead Service Supplier Agreement. In addition, CEVA will also manage customs clearance and outbound exports from Dubai.

Hamid Hamri, Sales Director for WABCO Middle East and Africa said "We rely on CEVA's experience both locally and abroad to support our business growth success within the region. CEVA has demonstrated skills and ability in our European operations which made them a clear partner of choice. It is important to us that CEVA's long term operation inside the Middle East brings a sense of confidence and stability to our customers."

"WABCO's decision to work with CEVA in the Middle East, North Africa and Indian subcontinent is an acknowledgment of our ability to be a reliable partner, that supports growth and expansion for customers" commented Gianfranco Sgro, President of CEVA Logistics for South Europe, Middle East and Africa.

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 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 €6.3B. For more information, please visit www.cevalogistics.com

SOURCE: CEVA Logistics