Receive FREE Newsletter
Advanced Search
+

News / Polynesia puts first obstacle in CMA CGM's path to Bolloré Logistics

dreamstime_s_131256035
Photo: © Maloff2 | Dreamstime.com
By

Regulators in Polynesia are objecting to CMA CGM’s acquisition of Bolloré Logistics, telling the carrier the competition authority will block the deal unless it axes one of its liner services or sells Bolloré’s subsidiary in the region.

The Polynesian Competition Authority (APC) wants CMA CGM to terminate its Panama Direct Line (PAD) service over concerns of a monopoly in the region.

The APC decision, seen by The Loadstar, also requires CMA CGM to agree a ’non-compete’ ...

Please Register

To continue reading, please login or register for full access to our free content
Loadstar subscriber
New Loadstar subscriber REGISTER

Comment on this article

You must be logged in to post a comment.

    Related Stories

    Topics

    Bollore Logistics CMA CGM Gefco Panama Direct Line (PAD) The Polynesian Competition Authority

    Most read news

    Amazon pushes into LTL for small package fulfilment and UPS does a u-turn

    New senior management for DSV as it readies for DB Schenker takeover

    Volumes set to 'fall off a cliff' as US firms hit the brakes on sourcing and bookings

    Asian exporters scramble for ships and boxes to beat 90-day tariff pause

    Temporary tariff relief brings on early transpacific peak season

    'Tariff madness' will prompt renegotiation of ocean shipping contracts

    Forwarders 'allowing the fox into the chicken run' by supporting 'hungry' carriers

    Response to tariffs by Chinese importers may see extra costs for US shippers

    Hongkong Post suspends services to 'unreasonable' and 'bullying' US

    White House moves create yet more stormy water on the transpacific

    Nuclear-powered containerships may be hitting the water sooner than we think

    China orders airlines to halt Boeing deliveries

    Carriers warn of delays as congestion increases at North Europe's ports

    FedEx and UPS add 'China fee' ahead of the end of de minimis

    Open tariff window could see rush of electronics and pharma into the US

    Backhaul blues and a gradual decline in liner schedule reliability