TPM: Forwarders need 'clout' to survive as the ocean carriers move in
Ocean carriers undermining forwarders that don’t have “enough clout” will drive consolidation this year. Delegates ...
CMA CGM Air Cargo has swooped in to bid for Air Belgium, after a Dutch consortium had its bid rejected by a Belgian court.
CMA confirmed that it has put in a bid: “As part of the process to take over Air Belgium, the CMA CGM Group confirms that it has submitted a bid. This offer aims to ensure the continuity of Air Belgium’s cargo operations. We are now awaiting the Tribunal’s decision,” said a spokesperson.
The bid is thought to be ...
European port congestion now at five-to-six days, and getting worse
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