Container shipping group CMA CGM completed its acquisition of freight forwarder Bolloré Logistics in February 2024. The latter will be integrated into the Ceva brand by the end of this year.
Ceva said that the move is part of a plan to build a new vertical organisation that allows its customers to more easily benefit from its global logistics capabilities, including project logistics. The company is also combining its air and ocean operations and will finalise implementing the CargoWise freight management system.
Since its acquisition by the CMA CGM Group in 2019, Ceva has expanded its geographic reach. In 2022, it added Ingram Micro’s CLS division to boost its e-commerce services, GEFCO to offer finished vehicle solutions for its automotive customers and strengthen its European overland network, and now Bolloré Logistics to boost its air and ocean freight management solutions.
Other acquisitions boosted Ceva’s reach in perishables transport in Latin America (Cargex) and in small parcel, last mile delivery in France (Colis Privé).
