Both JV are effective immediately and further cement the objective of CEVA Logistics to become a leading player in the continent. Both entities will expand their product base through the new joint ventures, which will help improve the use of their local logistics services across the CEVA Logistics network. IBA Freight Services in EgyptHeadquartered in Cairo, near the city’s international airport, IBA Freight Services has been the exclusive agent of CEVA Logistics in the country for 20 years. Furthermore, MACCFA has a long-standing working relationship with CEVA Logistics’ parent company, the CMA CGM Group, a specialist in shipping and logistics. Bruno Plantaz, CEVA Logistics’ managing director Turkey, India, Middle East and Africa, said, “Our strategic, continent-wide expansion plan continues to gather pace.

Source: The North Africa Journal December 18, 2020 12:22 UTC