Comment / EXCLUSIVE: Ceva names new ocean freight captain

ID 100531888 © Gajus | Dreamstime.com

Ohhhhh, well!

Remember the DSV takeover of Panalpina (PAN) four years ago?

I am sure you do.

A slew of senior folks jumped the PAN ship, voluntarily or not, while others retired as soon as it became clear that the Danes* were going for cost-cutting at scale, regardless of the ’stronger together’ claim made back then.

(*Who lost out to CMA CGM in the Ceva takeover race.)

It could well be revenge time now, with Ceva challenging more closely its previous suitor, and with a ...