French shipping line CMA CGM is entering the air cargo sector with an investment in an airline group that operates flights to leisure destinations as it continues to diversify its logistics portfolio beyond ocean freight.
The fourth-largest container vessel operator by shipping capacity said Wednesday it is taking a 30% stake in privately held Groupe Dubreuil Aéro and will use its logistics expertise to develop air cargo operations for Air Caraïbes and French Bee airlines. CMA CGM will inject 50...
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