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 figures released by the 3PL last Friday we found out that:
a) Revenues were flattish on a comparable basis, but the CMA CGM-owned group …
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Source: The Loadstar