News / CMA CGM to invest in AF-KLM, merging airfreight capacity and sales

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Shipping line vertical consolidation took a further step today as cash-rich CMA CGM bought a stake in Air France-KLM and announced they will merge freighter fleets.

The owner of Ceva Logistics and now Gefco made $17.8bn in profit in 2021, and is further strengthening its foothold ...

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    AF-KLM AF-KLM Cargo Ceva Logistics CMA CGM CMA CGM Air Cargo Gefco M&A Vertical consolidation