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 […]
Tesco has been forced into issuing an apology after its distribution director posted a message on social networking site Twitter that appeared to celebrate the closure of a number of distribution depots.
CEVA Logistics has completed a successful zero defects start-up for the full omni-channel distribution of Under Armour’s sports apparel products in the UK.
Ceva Logistics has extended its long-running contract with appliance manufacturer Miele.