Bangkok--11 Jan--General Motors
CEVA Logistics has expanded its activities with General Motors outside the USA with the announcement of a new contract with General Motors (Thailand) Limited. The contract is the first logistics contract between CEVA and General Motors in Thailand.
Matthew Stimpson, Business Development Director for CEVA, commented: "This is great news for CEVA. General Motors is the biggest automotive company in the world and we are delighted to have been appointed by them. Their operation in Thailand is extensive and thanks to our logistics management systems we will deliver greater efficiencies within General Motors’ supply chain. The new contract will further strengthen our global relationship with GM, which includes significant operations in the United States, South America, Europe and Australia".
The CEVA operation will involve the collection of components from suppliers for delivery to General Motors’ plant in Rayong, Thailand. It is envisaged that the contract will grow significantly during the second year of the contract.
About CEVA
CEVA Logistics (formerly known as TNT Logistics) is a leading global logistics and supply chain management company. It designs, implements and operates complex supply chain solutions on a national, regional or global scale for multinational and large local companies. It provides customers with end-to-end logistics solutions spanning the entire supply chain. The company focuses on a diverse range of market sectors including automotive, tyres, high-tech/electronics, industrial, fast moving consumer goods (FMCG), and publishing & media. CEVA employs 38,000 people and operates an extensive global network with facilities in 26 countries worldwide, and manages 567 warehouses globally with a combined space of approximately 7.4 million square meters. For fiscal year 2005, CEVA reported sales of ?3.5 billion. CEVA is owned by affiliates of Apollo Management, L.P., one of the leading private equity investors in the world.
For more information please visit the CEVA web site at www.cevalogistics.com/
For more information on CEVA operations in Thailand, contact:
Matthew Stimpson
Business Development Director
CEVA Logistics (Thailand) Ltd
Tel: +66 (0)2 665 7500
E-mail: [email protected]