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CMA CGM Acquires Rail Logistics Firm Freightliner UK
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ESM Magazine
CMA CGM has announced the acquisition of Freightliner UK Intermodal Logistics, a rail logistics specialist, as the French shipping group continues to expand its presence in non-maritime transport.
Other Freightliner businesses – Heavy Haul, Rotterdam Rail Feeding, and Freightliner Poland/Germany – will remain under existing ownership.
'Intermodal Presence'“The acquisition of Freightliner, a leading rail freight operator, strengthens our intermodal presence in the United Kingdom, a strategic market for CMA CGM," commented Rodolphe Saadé, chairman and chief executive of the CMA CGM Group.
Freightliner UK, which also runs lorry services, will operate as a standalone business within CMA CGM.
The Intermodal business will become a stand-alone business within CMA CGM’s portfolio, with opportunities to collaborate with other arm’s length CMA CGM companies.
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