Logistics

CMA booked higher revenue but lower operating margin from logistics branch in Q1

CMA CGM continued its logistics roll-out at the start of this year. Fiscal figures reveal increasing revenue and operating profit but also declining operating margin in logistics branch Ceva for the first months of the year.
CMA CGM acquired logistics firm Ceva in 2019. | Photo: PR / Ceva Logistics
CMA CGM acquired logistics firm Ceva in 2019. | Photo: PR / Ceva Logistics
by SØREN PICO

CMA CGM has seen a hectic 2022 in its logistics business so far, having made new strategic acquisitions and expanded.

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