French government 'presses' CMA CGM to cut ocean rates for retail imports
In a seemingly patriotic gesture, against a backdrop of rising inflation, CMA CGM has announced it ...
Damned if they do, damned if they don’t.
(Yet more so if they don’t.)
Not so fast?
With the European ocean oligopoly, as widely advertised, having recently completed their latest deal-making rounds – Senator (Mærsk); ’BAL’ (MSC); Ingram Micro C&LS (CMA CGM); Deutsche Afrika-Linien (Hapag-Lloyd) – it will be just a matter of weeks, or “even days”, if you listen to the M&A bulls, before fresh capital is deployed by any of them to chase incremental growth, inorganically.
Via M&A, that is
After all, sift through their respective ...