An hourglass and businessman holds his hands in the lock. Job interview concept. Business planning. Management and distribution of time. Making a business deal. Debt restructuring.

What Ceva Logistics is up to is crystal clear from its interim financials released on Monday, which were unusually good in the right spots, given its latest performance standards before joining the CMA CGM family this year.

In fact, not only does its restructuring continue but it is actually accelerating, indicated by the numbers and confirming insiders’ talk of a major effort aimed at rendering Ceva a leaner 3PL going forward after years of mounting losses stemming from a bloated cost structure.

Its ...

Subscription required for Premium stories

In order to view the entire article please login with a valid subscription below or register an account and subscribe to Premium

Or buy full access to this story only for £13.00

Please login to activate the purchase link or sign up here to register an account

Premium subscriber
New Premium subscriber REGISTER

Comment on this article

You must be logged in to post a comment.