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CMA CGM Buys Freightliner’s Intermodal Business, Expanding UK Logistics Footprint
Yahoo Finance· 2025-09-23 17:19
Core Viewpoint - CMA CGM Group has acquired the intermodal logistics business of U.K.-based Freightliner, enhancing its presence in the U.K. logistics market [1][2] Group 1: Acquisition Details - The financial terms of the transaction were not disclosed, but it includes the purchase of Freightliner's U.K. rail and road operations, 10 inland terminals, and the Freightliner brand [1] - The transaction is expected to close in early 2026, pending regulatory approvals, and Freightliner will continue to serve its existing clients during this period [2] Group 2: Operational Impact - CMA CGM aims to improve the efficiency of sea, rail, and road connections, providing better solutions for customers and supporting decarbonization efforts in global trade [2] - Freightliner currently services over 770,000 containers annually and operates more than 80 daily rail services, with truck turnaround times of less than 30 minutes at its terminals [3] Group 3: Business Structure Post-Acquisition - The intermodal business will operate as a standalone entity within CMA CGM's portfolio, managed independently by existing teams while allowing collaboration with other companies [5] - Other divisions of Freightliner, such as Heavy Haul and operations in Poland and Germany, will remain under existing ownership [4][6]