CMA CGM Buys Stake in Wing

October 29, 2019

File image: A CMA CGM boxship underway. CREDIT: CMA CGM
File image: A CMA CGM boxship underway. CREDIT: CMA CGM

CMA CGM has taken a position in Wing to support the growth of an innovative urban logistics service dedicated to e-commerce.

CEVA Logistics and Wing are entering into a major industrial and commercial partnership for the benefit of their respective customers. Wing customers see a courier show up to pick up orders sold on the Internet. These are then deposited in a logistics warehouse where they are packaged and shipped. In less than 48 hours, orders are delivered to the end customer.

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Next week, the US House of Representatives will consider legislation relating to aviation safety.