SME forwarders shouldn't fear carrier moves, but watch out for 'Amazonisation'
Carrier efforts to break into forwarding should not leave SMEs concerned about a loss of ...
PRESS RELEASE
PUTEAUX. 29 FEBRUARY 2024
The Bolloré Group and the CMA CGM Group announce the completion today of the sale of 100 % of Bolloré Logistics to CMA CGM, it being specified that the transfer of Bolloré Logistics Sweden AB to the CMA CGM Group remains subject to the latter obtaining foreign investment clearance in Sweden.
The purchase price is 4.850 billion euros, on the basis of the estimated debt and cash on the completion date.
As a leading transport and logistics company in France, and one of the main players in the sector worldwide, Bolloré Logistics achieved in 2022 a turnover of 7.1 billion euros, transported 710,000 TEUs of ocean freight and 390,000 tons of air freight, along with a storage capacity of 900,000 m2…
The full release is here.
Asia-Europe ocean trades a nightmare scenario – 'unless you're a carrier'
Flexport under fire as Peloton claims 'unfair D&D fees' cost it millions
News Podcast | May 2024 | Container shipping: a riddle, wrapped in a mystery, inside an enigma
Maersk raises surcharges as Red Sea risk expands and costs mount
Heavy speculation in China’s container shipping futures as Gaza War drags on
Contract logistics the star performer for DHL, but weak rates take a toll
Maersk draws up contingency plans for rail strike in Canada
Capacity problems loom as transhipment boxes clog major West Med hubs
Comment on this article