ports

CMA CGM Open to Ceva Logistics Spinoff, Says Saadé

CMA CGM's chief, Saadé, signaled openness to a potential separation and public listing of Ceva Logistics. When asked about the possibility, Saadé said: "Never say never." The comment suggests multiple strategic options remain under consideration. Bloomberg reported last week on the potential spinoff following earlier coverage of shipping and logistics consolidation trends. The move would reconfigure CMA CGM's integrated shipping and logistics model. Industry focus has intensified on structural changes across major container carriers' land-based operations.