NewsPolynesia puts first obstacle in CMA CGM’s path to Bolloré Logistics

February 8, 2024by 0

Regulators in Polynesia are objecting to CMA CGM’s acquisition of Bolloré Logistics, telling the carrier the competition authority will block the deal unless it axes one of its liner services or sells Bolloré’s subsidiary in the region.
The Polynesian Competition Authority (APC) wants CMA CGM to terminate its Panama Direct Line (PAD) service over concerns of a monopoly in the region.
The APC decision, seen by The Loadstar, also requires CMA CGM …

The post Polynesia puts first obstacle in CMA CGM’s path to Bolloré Logistics appeared first on The Loadstar.

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