CEVA Logistics and CMA CGM Initiate Strategic Equity Partnership

CEVA Logistics, a globally focused, asset-light, third-party logistics provider (3PL), has announced that global shipping line CMA CGM has obtained all regulatory approvals required in connection with its investment in CEVA and will become a 24.99 percent shareholder in CEVA. This announcement has significance because it represents further evidence of ocean container carriers branching out into the ability to provided added logistics and inter-modal services for shipping customers.

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