Comment / On the wires: Geodis smells good – time for SNCF to make the smart choice

Source Dreamstime

“SNCF’s objective to attain a break-even position by 2022 has been dealt a severe blow by a prolonged strike that could hasten a disposal  of assets at France’s state railway, including the partial sale of its freight transport and logistics arm Geodis.” –  Lloyd’s Loading List (LLL) , 14 January 2020.

Whether external or internal events are to blame for the financial distress experienced by state-owned rail company SNCF Mobilités, what is clear is that in recent years its performance has often ...