The vertical challenge in logistics – Marseille vs Copenhagen (Berlin wins?)
Looks good for…
France’s CMA CGM stole the thunder of Denmark’s AP Møller-Maersk (APMM) and Germany’s Hapag-Lloyd (HL) at the end of last week, as it reported an annual trading update that unequivocally proves that vertical integration of 3PLs services makes a lot of sense, particularly if your own end markets are troubled, and debts are almost out of control, at least on paper.
While today I thought of focusing on the long odds associated with a 2019 merger between APMM and Hapag-Lloyd – ...
Peak season hopes dashed as freight rates slip again
CMA CGM liner trades pummelled in Q1 – and there's worse to come
Mexican rail seizures give near-shoring interests pause for thought
Retailers outsource ecommerce fulfilment in structural shift
Major box lines still fighting over diminishing supply of smaller ships
UPS names John Bolla new president of global healthcare
Evergreen and Wan Hai face up to bearish market as profits tumble
'Keep 'em peeled' alert as drug smuggling into Europe's ports increases
Comment on this article
Gary Ferrulli
March 04, 2019 at 3:59 pmLet’s see, buy a company losing a lot of money, put it together with your own
like firm that is also losing money, and that will make the big difference?
Ale Pasetti
March 04, 2019 at 4:12 pmHi Gary,
Many thanks for your comment.
Why do you think that CMA is “losing money”? Have you read the story and seen the numbers (link below)?
https://www.cma-cgm.com/finance
CMA is not losing money, and while I agree, of course, that CEVA is in the red, I think I clearly explained how CMA could benefit from it (even excluding consideration about additional cost-cutting)…also considering CEVA’s guidance and efficiency programs.
Best,
Ale