More M&A in forwarding likely, as major players feel the need to ‘keep up’

And so the forwarding consolidation chat continues. On Loadstar Premium today, we reveal speculation that CMA CGM, new proud owner of Ceva, is in talks with the French government over the possible acquisition of Geodis.  
Geodis has said publicly it is looking for a slice of M&A action – but that it wanted to expand in Germany, the Netherlands, China and the US. 
Currently owned by a French railway, could Geodis switch to being owned by a French shipping line? Is …

The post More M&A in forwarding likely, as major players feel the need to ‘keep up’ appeared first on The Loadstar.

Source: The Loadstar

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