Comment / Market Insight: Surprisingly, CMA CGM is investing in Ceva, plans no 'full fledged' cuts – CFO

Today I had the pleasure to talk to Michel Sirat, chief financial officer of France’s CMA CGM, about the group’s current situation and broader plans for its fully-owned 3PL, Ceva Logistics, which CMA CGM says essentially must be put into perspective in the context of the group’s broader vertical integration push.

My focus in this short post – more will follow later – is on the efficiency push under way at Ceva which has several trade executives I talk to expecting ...