º£½ÇÊÓÆµ

Oops.

Our website is temporarily unavailable in your location.

We are working hard to get it back online.

PRIVACY
Ports & Logistics

Rail freight giant Freightliner º£½ÇÊÓÆµ acquired by CMA CGM

French logistics giant takes control of key site near Old Trafford

A Freightliner depot with cranes and containers(Image: Freightliner)

Shipping giant CMA CGM has bought rail freight operator Freightliner º£½ÇÊÓÆµ Intermodal Logistics – and says the move will help it to shift more transport from road to rail.

CMA CGM, whose º£½ÇÊÓÆµ head office is in Liverpool, has acquired Freightliner’s º£½ÇÊÓÆµ rail and road operations and its inland terminals, as well as the Freightliner brand.

Marseille-based group CMA CGM says the deal will make it “a key player in rail logistics in the º£½ÇÊÓÆµ” and says the move “reaffirms its commitment to supporting the modal shift from road to rail”. Birmingham-based Freightliner will remain a standalone business within the group. The value of the deal was not disclosed.

The deal for Freightliner’s º£½ÇÊÓÆµ business is set to close early next year, subject to regulatory approval. Other Freightliner businesses – the Heavy Haul rail freight train business, Rotterdam Rail Feeding, and Freightliner Poland/Germany – will remain under existing ownership.

Freightliner º£½ÇÊÓÆµ has its head office in Birmingham city centre. It has road and rail terminals in locations including Birmingham, Cardiff, Doncaster, Leeds, Liverpool, Manchester, London Gateway and Southampton.

Its Manchester rail freight terminal is central to plans to redevelop Old Trafford and to build a 100,000 seat "Wembley of the North" there. The terminal would need to move out of the city for those plans to become reality, but they have reportedly stalled because of an impasse over the value of the land. BusinessLive asked CMA CGM what its purchase means for the Old Trafford plans, but a spokesperson declined to comment on individual depots.

CMA CGM said: “The addition of Freightliner opens the way to significant enhanced-value offerings: developing comprehensive intermodal offerings combining maritime, rail, and road; enhancing connectivity between Europe’s major ports and the º£½ÇÊÓÆµ hinterland through strategically located inland terminals; and driving shared innovation in decarbonised logistics solutions.”

Rodolphe Saadé, chairman and CEO of the CMA CGM Group, said: “The acquisition of Freightliner, a leading rail freight operator, strengthens our intermodal presence in the United Kingdom, a strategic market for CMA CGM.