Comment / M&A radar: CMA CGM and ID Logistics – why ever not?

APMM’s Pilot Freight Services buy announced yesterday served as yet another reminder of Premium’s repeated assertion that what was previously the world’s largest container shipping carrier is now effectively reinventing itself a contract logistics operator.

It may not be the only carrier to conclude that the time is ripe for expansion into adjacent and outlying logistics sectors.

French carrier CMA CGM has a phenomenal taste for inorganic growth and private equity-like deals, opportunistically snapping up what it finds on its way, seldom randomly, ...