All CMA CGM articles
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News
CMA CGM completes sale of Bolloré Logistics’ operations in French Overseas Territories
The CMA CGM Group has completed the sale of 100% of subsidiary Bolloré Logistics’ activities in Guadeloupe, Martinique, Saint-Martin, French Guiana, and Polynesia to the Balguerie Group.The Marseille-headquartered shipping giant was required to sell operations in the French Overseas Territories by the European Commission and the Polynesian Competition Authority as ...
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NewsTop 25 air forwarders: K+N keeps the lead in a tough year for airfreight
Kuehne+Nagel (K+N) maintained its position as the world’s leading airfreight forwarder in 2023 ahead of DHL Global Forwarding despite overall market volumes coming under pressure (full chart at end of article).Figures produced by consultant Armstrong and Associates show that top air forwarder K+N last year saw its cargo volumes decline ...
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News
CMA CGM in talks with Balguerie over the sale of part of Bolloré Logistics
The CMA CGM Group has initiated the sale of 100% of Bolloré Logistics' activities in Guadeloupe, Martinique, Saint-Martin, French Guiana, and Polynesia, with Balguerie Group making an offer.This follows the completion of the Group's takeover of Bolloré Logistics from the Bolloré Group in February.The sale is in line with the ...
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NewsNew packaging saves weight and plastic for Bolloré
Photo: Jaromir Chalabala/ ShutterstockBolloré Logistics in the US and at Roissy-Charles-de-Gaulle are now using sustainable packaging for air shipments from Paris to Chicago, saving 12kg of deadweight in the process.Two pallets have already been transported using the new material in February and others will be scheduled shortly in partnership with ...
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NewsCMA CGM completes Bolloré Logistics acquisition
Rodolphe Saadé (left) and Cyrille Bolloré. Photo: CMA CGMThe CMA CGM Group has completed its largest acquisition since its formation with the takeover of Bolloré Logistics from the Bolloré Group.This follows the European Commission's recent approval of the acquisition, which has an approximate purchase price of €4.850bn.The transfer of Bolloré ...
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European Commission approves CMA CGM takeover of Bolloré Logistics
The European Commission has approved CMA CGM's proposed acquisition of Bolloré Logistics, bringing the shipping giant one step closer to growing its multimodal market share.CMA CGM Group entered into exclusive negotiations with the Bolloré Group to acquire Bolloré Logistics’ transportation and logistics activities in April last year. The deal is ...
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News
Air France-KLM and CMA CGM end capacity partnership
Air France KLM Group and CMA CGM have decided to end their cargo capacity partnership due to the constraints of a "tight regulatory environment" but are already in talks about a new working relationship.First announced in May 2022, the capacity partnership between the two carriers was launched in April 2023 ...
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Red Sea conflict sees air cargo demand rise
Airfreight demand is rising as a result of the Red Sea conflict impact on Suez Canal shipping, according to Bolloré Logistics.The international transport and logistics company said that the "volatile" situation, which has resulted in higher rates, increased transit times and supply chain delays, will squeeze airfreight capacity."The increased ocean ...
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News
Panama and Suez Canal double crisis threatens global supply chains
Persisting Suez Canal and Panama Canal-related supply chain delays and increased rates may see shippers and forwarders opting for air cargo.Shipping operations are currently being compromised by the need to avoid the Suez Canal due to the risk of attacks in the Red Sea, and restrictions on the Panama Canal ...
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CEVA Logistics expands in India with acquisition
French firm CEVA Logistics is expanding in India with the purchase of nationwide contract logistics expert Stellar Value Chain Solutions.CMA CGM-owned CEVA Logistics said it has signed an agreement to acquire 96% of Mumbai-based Stellar Value Chain Solutions from an affiliate of private equity firm Warburg Pincus and other shareholders.Launched ...
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CMA CGM Air Cargo faces disruption with threat of pilot strike
CMA CGM Air Cargo is facing disruption following a strike notice by a pilots' union that has issued a damning claim that management of the airline is "deaf" to the requirements of its pilots.The National Union of Line Pilots (SNPL) has filed a strike notice from July 4 to 7 ...
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NewsCMA CGM now flies to Bombay
Photo: CMA CGMCMA CGM Air Cargo has launched a new freighter route between Paris, France and Mumbai, India, as part of its new partnership with Air France KLM Martinair Cargo (AFKLMP).The freighter airline, which received its air carrier certificate from the French Civil Aviation Authority in June last year, said ...
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NewsBolloré positive on CEVA takeover bid to create new logistics giant
Henri Le Gouis, Bolloré Logistics Europe. Source: Bolloré LogisticsThe Bolloré Logistics name will disappear as its operations are brought under the CEVA Logistics brand, if CMA CGM Group’s bid to acquire the family-owned business receives regulatory approval, said Henri Le Gouis, Bolloré Logistics chief executive Europe.He told Air Cargo News ...
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News
CEVA invests in EV fleet
Marseille, France-headquartered CEVA Logistics, part of the CMA CGM ocean shipping and logistics group, has announced at the transport logistic trade fair being held in Munich this week that it plans to grow its fleet of electric vehicles (EVs) to 1,450 by the end of 2025.The investment would contribute to ...
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NewsCMA CGM commits to acquiring Bolloré’s transport and logistics operations
Credit: CMA CGMMarseilles, France-headquartered ocean shipping and supply chain services provider CMA CGM Group has committed to acquiring the transport and logistics operations of Bolloré Logistics.Final completion of the transaction remains subject to examination by employee representation, and then to the required regulatory approvals.Should the acquisition go ahead, it would ...
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All change at the top for CMA CGM Air Cargo
CMA CGM Air Cargo has a new chief executive with Guillaume Lathelize taking over from Olivier Casanova.The shipping group confirmed the move to Air Cargo News but declined to provide further details.According to his LinkedIn profile, Lathelize's background is in shipping, most recently holding the position of vice president global ...
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Jettainer to provide ULD support to CMA CGM Air Cargo
Jettainer has been chosen by CMA CGM Air Cargo to deliver unit load device (ULD) management and maintenance services to boost supply chain transparency and efficiency.The ULD management company will provide global positioning, management, maintenance, and repair services for CMA CGM Air Cargo’s fleet of a few thousands ULDs, primarily ...
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NewsAircraft Finance Germany acquires Airbus A330-200 for conversion by EFW
A330-200 freighter section. Copyright: AirbusAircraft Finance Germany (AFG) subsidiary AFG Aviation Ireland Limited has acquired an Airbus A330-200 that will be converted into a freighter by Elbe Flugzeugwerke GmbH (EFW).The MSN 926 aircraft was acquired from a subsidiary of French shipping giant CMA CGM on July 11, said Frankfurt-based global ...
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NewsCEVA expands in Africa with latest acquistion
Source: CEVAFast-growing CEVA Logistics is expanding its presence in Africa through the purchase of forwarder Spedag Interfreight.Spedag has offices in several countries in east Africa and specialises in energy and infrastructure, aid and relief, oil and gas, and commodities.The company employs around 400 people in 24 locations in Kenya, Uganda, ...
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News
Unnammed customer signs up for seven A350 freighters
An unnamed customer has placed an order for seven of Airbus' recently announced A350 freighter aircraft.The manufacturer's latest update revealed that by the end of June, airlines had placed a total of 31 orders for the aircraft since the programme's launch, up from 22 in May.Two of these extra nine ...