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 ...
“At a time when global supply chains are under severe pressure, we have rallied together to provide our customers with additional solutions. (…) In this context, the complementarity between our maritime transport offer and the logistics solutions offered by our subsidiary Ceva Logistics has proven particularly relevant. Sustained demand for the transportation of consumer goods is expected to continue throughout the year.”
–> CMA CGM Chairman and CEO Rodolphe Saadé, 4 June 2021 (full consolidated group numbers here).
There are several, very simple considerations to be ...
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