Container sailor CMA CGM buys two air freight planes
The French shipping and logistics company CMA CGM Group continues to expand beyond its core business of shipping container carriers and is increasing the number of cargo planes it operates for air freight, the company said today.
The move comes as covid surges and a pandemic outbreak in e-commerce have helped long delays at ports, shortages of shipping containers and record high rates for sea freight transport.
Marseille-based CMA CGM said it had bought two new Boeing 777 Freighters, calling the decision “an important step in the group’s strategic development in logistics.”
Each aircraft has a payload of approximately 102 tonnes and a range of 5,700 miles. This distance is important because CMA CGM said the long distance allows them to make fewer stopovers and lower landing costs on long-haul routes.
The company launched its CMA CGM Air Cargo division in February and started its commercial operations in March with its first flight between Liège (Belgium) and Chicago, followed by flights to New York, Atlanta and Dubai.
Growth in CMA CGM’s aviation activity completes the activities of its logistics branch, CEVA Logistics, which handled 400,000 tonnes of air freight last year, as well as 2.8 million tonnes of domestic freight. But CMA CGM’s core business remains its 542 container ships, which serve more than 420 ports around the world and transported nearly 21 million TEU containers (twenty-foot equivalent) in 2020.
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