Airfreight forwarding a better bet than ocean for investment this year
Forwarders more focused on airfreight will fare better this year than those with a higher ...
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By Alex Lennane
Several interested parties are seriously considering acquiring CEVA Logistics, according to sources across the logistics and banking industries.
Speculation over a sale has reached fever pitch – one rumoured buyer in particular is failing to fade away: Geodis.
But sources suggest that non-forwarding buyers are also interested in acquiring CEVA from its private equity owner, Apollo. However, a banking source in New York noted that private equity was unlikely to be interested, as it would be unable to refinance CEVA’s debt at much cheaper rates.
The fear ...
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