cma cgm© Vladimir Serebryanskiy
© Vladimir Serebryanskiy

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 – ...

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  • Gary Ferrulli

    March 04, 2019 at 3:59 pm

    Let’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 pm

    Hi 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)?

    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.