CEVA Logistics, a subsidiary of the CMA CGM Group, has strengthened its domestic footprint in Turkey through today’s closing of the acquisition of 100 percent of Borusan Tedarik Zinciri Çözümleri ve Teknoloji Şirketi, the legal entity behind leading domestic logistics firm Borusan Lojistik. The $383 million (USD) transaction recently received…
Across the global autonomous vehicle landscape, commercial trucks are emerging as one of the first segments to reach true-scale deployment. While regulatory and liability concerns continue to slow the rollout of higher automation levels in passenger cars, the freight sector presents a clearer path to monetization, its routes are fixed,…