CMA CGM favourite to acquire stake in top French rail freight player

CMA CGM appears poised to expand its footprint in rail freight with the acquisition of up to 49% of French state railway SNCF’s holding company in the sector, Rail Logistics Europe (RLE).   The sale was one of the conditions of an agreement between the EC and the French state which focused on the break-up of Fret SNCF, the company having been suspected of receiving billions of euros in illegal aid Read full article →