CMA CGM beats rivals to pick the Big Apple
After Macron came to call?
France’s CMA CGM would do well to consider taking structural action at Ceva Logistics to curtail the latter’s role as a money pit and might be inspired by Kuehne + Nagel’s moves in contract logistics.
But first, a look at Ceva’s numbers.
So, with the first-quarter (Q1 ’20) unaudited figures released by the 3PL last Friday we found out that:
a) Revenues were flattish on a comparable basis, but the CMA CGM-owned group is getting slightly better at managing direct/indirect costs. That said, ...