Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers
Forwarders are “allowing the fox into the chicken run” by supporting carriers that also work ...
UPDATED TO INCLUDE GEFCO COMMENT
CMA CGM is said to be poised to acquire French automotive and industrial logistics firm Gefco, currently 75%-owned by Russian Railways (RR).
The Russian state utility has been on the EU and US trade sanctions lists since late-February following Russia’s invasion of Ukraine.
With a presidential election around the corner, the French government has been heavily involved in brokering a deal, its priority is to keep the company in French hands and anchored to a strong financial partner.
A ...
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