News Content
CMA CGM sells in-house trucker as it sheds non-core assets
THE sale of Greenmodal Route to trucker Jacky Perrenot marks latest move by French Shipping giant CMA CGM to shed non-core assets, reports Lloyd's Loading List.
The French trucker has acquired the road-borne container transport activities of the CMA CGM unit, only months after Greenmodal sold off its warehouse management arm, TCX, to Le Havre-based Seafrigo.
A spokesman for south-east France-based Perrenot confirmed the takeover of Greenmodal Route but the value of the transaction has not been disclosed.
Perrenot is retaining Greenmodal's entire workforce of 80 as well as acquiring around 60 trucks and depots in Marseilles-Fos, Le Havre, and Lyon. The company will be re-named Perrenot Fos.
The deal includes an exclusive contract for Perrenot to provide road-borne transport services for CMA CGM's containers in France.
The French trucker has acquired the road-borne container transport activities of the CMA CGM unit, only months after Greenmodal sold off its warehouse management arm, TCX, to Le Havre-based Seafrigo.
A spokesman for south-east France-based Perrenot confirmed the takeover of Greenmodal Route but the value of the transaction has not been disclosed.
Perrenot is retaining Greenmodal's entire workforce of 80 as well as acquiring around 60 trucks and depots in Marseilles-Fos, Le Havre, and Lyon. The company will be re-named Perrenot Fos.
The deal includes an exclusive contract for Perrenot to provide road-borne transport services for CMA CGM's containers in France.
Latest News
- For the first time, tianjin Port realized the whole process of dock operati...
- From January to August, piracy incidents in Asia increased by 38%!The situa...
- Quasi-conference TSA closes as role redundant in mega merger world
- Singapore says TPP, born again as CPTPP, is now headed for adoption
- Antwerp posts 5th record year with boxes up 4.3pc to 10 million TEU
- Savannah lifts record 4 million TEU in '17 as it deepens port
