Rivals await the fallout as internal politics hamper Ceva/Bolloré integration
Executives are not happy within Ceva Logistics: the integration with Bolloré Logistics, announced last week ...
The distinction between forwarders and handlers is becoming increasingly blurred, following two acquisitions in the past week.
Dnata strengthened its position in forwarding by purchasing the remaining 50% of both Dubai Express and Freightworks and a 25.5% share in Bolloré UAE.
As a result, Dnata is now the sole owner of Dubai Express and Freightworks and has a majority stake of 51% in Bolloré Logistics UAE.
Senior VP Bernd Leo Struck said: “This strategic investment underlines Dnata’s commitment to the freight forwarding industry ...
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