CMA CGM Logistics – about $30bn of hidden value
In mid-2020, a year before the GXO contract logistics spin-off took place, I talked extensively to Kevin Sterling, then-VP and market strategist at the old XPO Logistics.
(Now he is a strategist at the latest XPO spin-off, RXO)
Sterling asserted it wasn’t an “either-or evaluation of asset or non-asset” business model to drive the value proposition at the then-united (XPO + GXO + RXO) US-based T&L group because, quite simply, it was “more accurate to look at how the whole blended model” was ...
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