E-Commerce Growth Driving Shipping Surge, Investments at Frances CMA CGM [Video]

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The head of CMA CGM SA says the future of the world’s fourth-largest container line will increasingly be built on e-commerce.

The French shipping company is bringing the logistics business it acquired last year more deeply into its operations as the carrier takes on bigger trade volumes aimed at online consumers.

“Clients like Amazon and Walmart are looking for one entity for all their shipment needs,” CMA CGM Chairman and Chief Executive Rodolphe Saadé said in an interview.

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