CEVA takeover back on the table – Geodis the main contender again
Several interested parties are seriously considering acquiring CEVA Logistics, according to sources across the logistics ...
By Alex Lennane
More consolidation in freight forwarding: CJ Korea Express, which was known to be in an acquisitive mood and recently considered buying CEVA, has taken a 31.5% stake in Malaysia’s second largest logistics company, Century Logistics. Century posted $80m in sales last year, and its network will boost CJ Korea’s South-east Asian business.
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