CEVA Logistics AG: CEVA Logistics names Claus Svane Schmidt Head of LCL Product

CEVA Logistics AG / Key word(s): Personnel
CEVA Logistics names Claus Svane Schmidt Head of LCL Product

13.02.2019 / 07:00

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Baar, Switzerland 13 February, 2019 - CEVA Logistics has strengthened its
ocean freight team with the appointment of Claus Svane Schmidt as Head of
Less than Container Load (LCL) Product. Previously Managing Director of the
company's North Asia cluster, he will commence his new role on 1 March,
2019.

CEVA has identified LCL as a key product for development in the coming
months and Schmidt's extensive experience in the logistics industry makes
him ideally qualified to take on this newly created role.

Claus Schmidt joined CEVA in early 2018 following a wide-ranging career with
a number of leading industry players including senior positions in
Scandinavia, Dubai, Sydney and Hong Kong. For the last year, he was based in
the Philippines.

In his new role, Schmidt will have full responsibility for all LCL products
within CEVA and he will seek to drive further innovation across both
existing and new markets. This will include digitization of the LCL product
to ensure constant yield improvement.

"This is an exciting new challenge with tremendous potential for growing
what is already a very strong service offering. There is untapped potential
especially utilizing our worldwide capabilities in eCommerce and our own
operations where new lanes can be brought on stream," says Schmidt.

For additional information please contact:

Investors:
Pierre Benaich
SVP Investor Relations
[e-mail]
[phone]

Media:
Matthias Hochuli
Group Head of Marketing and Communications
[e-mail]
[phone]

Cathy Howe
Pilot Marketing
[e-mail]
Tel: [phone]



CEVA - Making business flow
CEVA Logistics, a global asset-light third-party logistics company, designs
and operates industry leading supply-chain solutions for large and
medium-size national and multinational companies. Its integrated network in
Freight Management and Contract Logistics spans more than 160 countries.
Approximately 44,000 employees are dedicated to delivering effective
solutions across a variety of industry sectors where CEVA applies its
operational expertise to provide best-in-class services. CEVA generated
revenue of $7 billion and adjusted EBITDA of $280 million in 2017. CEVA
Logistics is listed on SIX Swiss Exchange under ticker symbol CEVA. For more
information, please visit www.cevalogistics.com.