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 …
