All CMA CGM articles – Page 3
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News
CMA CGM air cargo service to launch with Chicago flights
Shipping line group CMA CGM's entry into the air cargo market will begin on March 8 with flights between Liege and Chicago.Flights will be offered by the company's airfreight division, CMA CGM Air Cargo, and will be operated by Air Belgium using an A330-200F.The aircraft will be joined on March ...
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News
Shipping line CMA CGM to launch A330F air cargo operation
France-based container shipping line CMA CGM is set to enter the air cargo market with a fleet of four Airbus A330-200 freighters.The aircraft will be offered through the carrier's new CMA CGM Air Cargo division and answer "growing demand" for "agile solutions".CMA CGM, which also owns top 20 freight forwarder ...
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NewsShipping group CMA CGM invests in air cargo
French shipping group CMA CGM has acquired a 30% stake in Groupe DUBREUIL Aéro as it looks to gain access to air cargo capacity.CMA CGM, which also owns logistics company Ceva, injected €50m into the airline group, which owns the Air Caraïbes and French Bee companies, for its stake.This deal ...
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News
All change at CEVA Logistics
CEVA Logistics has appointed a new head of airfreight and head of its European operation.Peter Penseel will take over as the forwarder's head of airfreight, while Peder Winther will head its European business.At this stage it is not clear when the two will take up their new positions.According to his ...
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News
CEVA Logistics re-organises senior management team
CEVA Logistics has re-organised its senior management team nine months after its takeover by shipping line CMA CGM.The company said that chief executive Nicolas Sartini, who took the role in June last year, will be replaced by Mathieu Friedberg who was previously senior vice president commercial and agencies network at ...
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CEVA Logistics turnaround strategy proceeding to plan
French container line giant CMA CGM reported a “sustained implementation of the CEVA Logistics’ turnaround plan” for the freight forwarding group that it acquired for an estimated $1.6bn earlier this year.Announcing a “solid operating performance” for the group as a whole in 2019, Marseille-based CMA CGM confirmed that, in line ...
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NewsCEVA airfreight volumes fall in Q1, management changes after CMA CGM takeover
CEVA Logistics saw a decline in airfreight volumes during the first quarter of 2019 and the parent group has announced a series of top management changes in line with the takeover by French shipping giant CMA CGM.Air cargo volumes in the first quarter fell 6.9% year-on-year to 100,000 tonnes, mainly ...
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News
CEVA to be de-listed as CMA CGM is set to gain a 98% shareholding
The end of CEVA's short time on the Zurich Stock Exchange looks to have been confirmed after CMA CGM said it was now on course to hold a 97.89% stake in the forwarder.Following the announcement, the French shipping giant reconfirmed plans to de-list CEVA from the SIX Swiss Exchange. Settlement ...
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News
CMA CGM nears 90% of voting rights in CEVA Logistics
CEVA Logistics is likely to de-list from the SIX Swiss Exchange later this year after confirming media reports that French shipping group CMA CGM is on course to control almost 90% of the voting rights in the supply chain company.Switzerland-based CEVA said that a SFr30 per share public tender offer ...
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News
CMA CGM set for Ceva stake of almost 90%
According to a report by Reuters, CMA CGM now controls almost 90% of the voting rights in Ceva Logistics.This follows a public tender offer from French shipping group of SFr30 per share. Reuters said this offer values Ceva at SFr1.67bn ($1.66bn) – a price that has been agreed after a ...
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