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 opened its third global centre of excellence, at its UK head office in Ashby-de-la-Zouch. This European centre joins others in Florida and Singapore and is designed to demonstrate and develop Ceva’s end to end supply chain services for potential and existing customers.
The chief executive of Ceva Logistics has said reporting a 22% year-on-year fall in profit “simply isn’t good enough” as it continues with further cost-cutting measures.
XPO Logistics has begun managing building-product manufacturer British Gypsum’s transport requirements.