From gCaptain:
CMA CGM, the world’s 3rd largest container transportation companionship past times TEU capacity, volition start 25% stake inward furnish chain administration companionship CEVA Logistics every bit the French transportation giant looks to grow its presence inward the logistics sector.Previously:
CMA CGM announced Fri that it has committed to subscribe for mandatory convertible securities of CEVA inward an estimated total betwixt 380 too 450 1000000 Swiss francs, or or too thus USD $389-$461 million.
Headquartered inward Hoofddorp, Netherlands, CEVA Logistics specializes inward both freight administration too contract logistics. The companionship employs or too thus 56,000 employees too temporary/agency workers inward 160 countries. In 2017, the companionship posted revenues of over US$7 billion....MORE
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