Shipping line takes to the air

Global  shipping line CMA CGM is to set up its own airfreight arm, including the acquisition of four Airbus A330-200F freighter aircraft. CMA CGM Air Cargo will operate as a specialised air freight division for the French-based company, which also includes the forwarding and logistics arm Ceva in its stable. The four aircraft will offer a payload of 60 tonnes each and will connect Europe with the rest of the world, ... [+]

Cyber attack hits CMA CGM

The CMA CGM Group said on 28 September that it was dealing with a cyber-attack that had affected its peripheral servers. As soon as the security breach was detected, external access to applications was interrupted to prevent the malware from spreading, it said. An investigation is underway by internal and independent ... [+]

CMA CGM completes Ceva takeover

CMA CGM Group has completed its public tender offer for Ceva Logistics, giving it 97.89% of the outstanding shares in the company on completion, scheduled for 16 April. Marseille-based CMA CGM group said the combined entity would be present in 160 countries, with 110,000 people and with more than $30 billion ... [+]

CMA CGM to own almost all Ceva shares

CMA CGM has issued a public tender for all publicly held registered shares of CEVA Logistics on 8 April, giving it a 97.89% stake in the company. Earlier it had also proposed that CMA CGM chairman and chief executive Rodolphe Saadé be elected as CEVA chairman at the AGM on ... [+]

CMA CGM makes ‘friendly’ bid for Ceva

CMA CGM has made a public tender offer of CHF (Swiss france) 30 per share, in logistics and forwarding company Ceva of saying that the Ceva board “is fully aligned with this friendly offer”. The shipping line’s chairman and chief executive Rodolphe Saadé, said the move would allow CMA CGM to ... [+]

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