French shipping firm CMA CGM is set to takeover CEVA Logistics after building an almost 90% shareholding in the company after a public tender launched earlier this year. When the offer was launched in January this year CEVA Logistics, which is headquartered in Baar, Switzerland, called on shareholders to decline CMA CGM’s offer of 30 Swiss Francs per share, which it said undervalued the company by a third. However the operator revealed this week that the call fell on deaf […]
Ceva Logistics has invested $20m (£12.4m) in boosting its fleet of trucks and trailers in the UK.
Logistics firms have won millions of pounds in new and extended contracts this year from retailers and manufacturers based in the UK and beyond. Here is Motortransport.co.uk’s top 10 contract wins of 2012. Ceva Logistics wins five year Silentnight home delivery contract In June, Ceva revealed that it had won a five-year contract delivering beds for Silentnight Group, taking over from three separate logistics companies. It will make over 70,000 deliveries a year from Silentnight’s manufacturing plants in Cumbria and […]