FedEx-CMA CGM deal hints at new battle for air cargo capacity
When CMA CGM announced its $1.4bn acquisition of FedEx Supply Chain, most attention focused on the contract logistics business ...
Straight to the podium today:
1) Gold Medal: goes to Robert Yildirim for his smart investment in CMA CGM back in the post-financial crisis dark days of box shipping…. Last week’s interview with the JOC – in which he estimates the value of his shares in CMA CGM (24%) as worth $22bn – shows it to be one of the best investments ever: he paid $500m for 20% in 2010.
2) Silver Medal: to CMA CGM CEO and major shareholder Rodolphe Saadé ...
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