Independent journal on economy and transport policy
07:09 GMT+2
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CMA CGM has bought Spanish railway company Continental Rail
The transaction will be worth around 25 million euros
July 2, 2021
Continental Rail specializes in the handling of intermodal traffic between the main Spanish ports. "Continental, 2000 Rail - explained Vice President Industrial Assets and CMA CGM operations, Christine Cabau-Woehrel - is a important new component of the strategy for the development of activities of the CMA CGM Group both from the point of view of commercial and operational. This expansion represents a new stage in the strategic development of the group aimed at offering better solutions to its customers with a range of services including maritime transport and logistics.'
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