Shippers welcome new ocean capacity, but it won't stop price increases
In the absence of carrier-led price hikes, container spot rates largely flattened on the transpacific ...
ID 44201964
© Gustavo Goldman
| Dreamstime.com
’Buy the rumour, sell the news’ is an old adage in the financial markets.
Pity Ceva Logistics is no longer listed, although it enjoyed a spell on the stock market for just over a year from the spring of 2018, before being taken over by CMA CGM…
… which – romance added to the narrative – acted as a white knight soon after DSV made a very opportunistic offer at a +60.4% premium to Ceva’s depressed share price of Sfr18.7 at the ...
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