The obvious question for most of my trade sources both in Europe and stateside is: did CMA CGM buy Ceva Logistics on a whim, given how the group’s consolidated financials look currently? Saying “they are horrible”, as one executive put it this week, would be an understatement – surely, the carrier needs help to monetise its likely upcoming divestment push, and swiftly.
Elsewhere, many others are fully focused on the fortunes of DB …

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Source: The Loadstar