Road freight decarbonisation will be a battle, say logistics players
Forwarders and carriers “will have to fight” to stress the importance of decarbonisation to customers ...
Peter Waller, CFO and Xavier Urbain, CEO, CEVA Logistics. Swiss Stock Exchange
CEVA Logistics experienced a disappointing debut on the SIX Swiss Exchange today, with its shares as low as CHF25.3 ($25.3) in early trades, down 8% from CHF27.5, where its initial public offering (IPO) was priced earlier this week.
The deal was priced at the low end ...
Comment on this article
Andreas Kout
May 05, 2018 at 8:00 amCeva is not an attractive provider, so what do you expect from someone
who is very professional in contract logistics,however doesnt control so
much volumes in freight mangement to be competitive.
I have never understod why Geodis and CJ Logitics have put an eye on Ceva.
regards
A.Kout.
Ale Pasetti
May 08, 2018 at 1:15 pmThanks, A.Kout. Not “an attractive provider” with over $3bn of CL sales? How’s that in a world where those services remain in high demand?
Btw, unrelated, the stock bounced back 7%+ yesterday, and now is just a whisker away from the IPO price.