Forwarders trust us to be independent, says CMA CGM Air chief Mazaudier
“Forwarders trust us,” insisted Damien Mazaudier, CEO of CMA CGM Air Cargo. “The market is ...
The entrance of CMA CGM into the logistics industry last month, when it joined the capital raise and IPO of CEVA Logistics was more a game-changer for the latter than for the French carrier, but it did reinforce my view that the shipping company might be reaching a point where stock investors could comfortably accept it as an industry benchmark worth investing in.
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Alex Lennane
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Alex Whiteman
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Alessandro Pasetti
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Comment on this article
Andreas Kout
May 21, 2018 at 3:37 pmXPO which we knew quite good and have excellent links into strategy and philsophy doesnt fit into your points raised no interest in a Transpac nor Transatlantic acquisition,fo cus on contract logitics,e-commerce tis all doesnt really give up a match
with your points Sir.
Lying in bed with one shipping line from a forwarder s perspective is tricky and dangerous as it gives your competiorors the best tool in hand to sell you as
a freight forwarder linked to a certain shipping line, dont forget the Maersk/Daco link, that´s the same and in our mind the main point why Damco doesnt generate the global growth they could have if they wouldnt be part of Maersk and would act and operate neutrally.
A.Kout
Akclimited
Ale Pasetti
May 22, 2018 at 9:47 amHi A.Kout,
Thanks for your comment.
I think we broadly agree on the FF/container shipping line tie-up angle, although APMM/Damco is a rather unique corporate story, also in terms of managerial decisions over the past couple of years, right?
Am not entirely sure what is the point you are making on XPO, given what I wrote: ” I have had some fascinating discussions recently with banking sources who indicated that deeper ties with a US-based player, such as XPO Logistics, could be the next logical step after the group grabbed a near-25% stake in CEVA Logistics.”
Could you clarify that ?
Best Regards,
Ale