M&A speculation swirls as EV Cargo unveils 'robust financial position'
EV Cargo has published improved financial results – but has remained tight-lipped about increasingly loud ...
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By Alex Lennane
Digital forwarder Forto has braced for this year’s expected headwinds and, following last year’s job cuts, has pulled back its expansion plans.
“We all knew how the market was developing,” CCO Jochen Freese told The Loadstar. “We could see freight dropping drastically, so we course-corrected.
“We’ve delayed our expansion plans and started to get ready for a recession.”
Some 10% of roles were cut from the forwarder, which now has some 900 staff, he said, adding: “We cut roles we didn’t need and simplified ...
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