France’s CMA CGM would do well to consider taking structural action at Ceva Logistics to curtail the latter’s role as a money pit and might be inspired by Kuehne + Nagel’s moves in contract logistics.
But first, a look at Ceva’s numbers.
So, with the first-quarter (Q1 ’20) unaudited numbers released by the 3PL last Friday we found out that:
a) Revenues were flattish on a comparable basis, but the CMA CGM-owned group …
The post Analysis: Ceva Logistics – The money pit in need of a break-up...
https://theloadstar.com/analysis-ceva-logistics-the-money-pit-in-need-of-a-break-up/