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A joint venture for decarbonized transportation and logistics services is established by CMA CGM and GTS Logistic.

CMA CGM and GTS Logistic establish JV for decarbonized transportation and logistics services

CMA CGM and GTS Logistic establish JV for decarbonized transportation and logistics services - Supply Chain Tribe by Celerity

The French logistics giant CMA CGM and the renowned Italian intermodal provider GTS General Transport Service announced the formation of a joint venture to provide dependable, reasonably priced, and carbon-neutral logistics and transportation services throughout Europe and Italy.

According to a press statement from CMA CGM, "The joint venture, European Container Network, will combine the expertise and resources of both companies to provide innovative and sustainable transportation solutions to any containerized business in Italy and Europe."

The joint venture will provide integrated door-to-door transportation services to the entire market, improving efficiency and lowering carbon emissions, by utilizing GTS's assets, expertise, and network throughout Italy and now in other European countries, along with CMA CGM's global shipping capabilities, the release continued.

The joint venture's main objectives are to increase the availability of multimodal transportation options, streamline supply chain operations, and spur innovation in the transportation sector. The partnership is committed to sustainability and will give priority to eco-friendly practices and technology in order to reduce their negative influence on the environment.

CEO of GTS Alessio Muciaccia states: "We are thrilled to start this journey with CMA CGM. Together, our skills in intermodal rail transportation and CMA CGM's shipping and logistics know-how will enable us to develop a seamless, long-lasting solution that satisfies our clients' changing needs.

Executive Vice President, Assets and Operations, CMA CGM Christine Cabau Woehrel continues, saying, "We see tremendous potential in this partnership with GTS." By working together, we can open up new doors for all of JV's clients and provide them with cutting-edge, low-carbon rail options should they choose to transition.

According to the statement, GTS and CMA CGM, who were first concentrated on the Italian market, are ready to provide value-added services that raise the bar for excellence in the sector.