News / Ceva Logistics gains market share in third quarter, despite a bumpy road

14/11/2016

Ceva Logistics today reported third-quarter results that showed it winning market share in both freight forwarding and contract logistics.

However, despite strong volume growth in both air and ocean forwarding, group revenues remained flat due to weak market pricing.

The Nertherlands-headquartered company saw $1.68bn in revenue for the period, ...

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Andrew Robins
November 16, 2016 at 3:42 am
So they have gained market share but have not increased revenue. So they are gaining business at a negative margin or at best cost.
We have seen so many CEVA press releases of gaining business here, signing contracts there and always the same result.
They seem to have very faithful investors, just looks like smoking mirrors to me,

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- Rok
  November 18, 2016 at 8:07 am
  Revenue down again..looks like the only French connections makes money in this game
  
  Spinning well
  
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