Contacted by The Loadstar, CMA CGM said: “CMA CGM has decided not to proceed with the RLE project, as it does not align with the Group’s current investment priorities.” “CMA CGM pulling out doesn’t surprise me. However, Naviland was not the only attraction that led CMA CGM to RLE. Earlier this year, CMA CGM completed the acquisition of UK operator Freightliner to boost its intermodal services, taking over 2,000 wagons, 10 terminals, and one of the largest fleets of electric locomotives in the UK. CMA CGM’s withdrawal, if confirmed, would mean that three candidates remain for the stake in RLE: Czech billionaire Daniel Kretinsky; German logistics group Rhenus; and an unidentified private equity fund.