Ceva Logistics pulls out of race with GXO to acquire Wincanton
Ceva Logistics has formally given up on its plan to acquire the UK’s Wincanton. The CMA ...
London-based investor Gatemore Capital is calling on Wincanton to sell one of its two core haulage and logistics divisions and refocus the business.
But do partial divestments make any sense at this point in time, or is this just market noise?
Sleeping giant
The activist investor played a pivotal role in overhauling the board of DX Group – in which it holds a 24% share – and ousting former chief executive Petar Cvetkovic.
Although its Wincanton stake is markedly smaller, at 2%, it describes it ...
Increasing scrutiny could stall rise of ecommerce platforms, as TikTok faces US ban
FAK rate hikes holding, with strong demand into peak season predicted
DSV could face $16m bill after helicopter is written off in haulage accident
Déjà vu as major ocean carriers scramble for tonnage and containers
Rising costs of port congestion force surcharge by Asian feeder operators
Trade growth getting stronger, but ocean freight rates stay flattish
Global airfreight volumes blooming as flower shipments take off
Comment on this article