b'42American Journal ofTransportation ajot.comai161711257751_BaltiMORE.pdf 1 3/30/2021 9:56:18 AMCMA CGM Group strengthens logistics development with GEFCO acquisition The CMA CGM Group, a worldGEFCOs transformation, take its per- BaltiMORE leaderinshippingandlogistics,isformance to the next level acquiring nearly 100% of the capitalTheCMACGMGroupsinten-of GEFCO, European leader in auto- tion is for GEFCO to continue operat-motivelogisticsandinternationaling in a secure regulatory framework, expertinmultimodalsupplychain.then to boost its development, espe-The acquisition has been submitted tociallyininternationalmarkets,by competition authorities for approval.harnessing the Groups market- lead-However, as part of a special proce- ing technology and logistics capabili-dure, the European Commission hasties. GEFCO will benefit in the future authorizedCMACGMtoacquirefrom CEVA Logistics expertise and thecapitalofGEFCOimmediately,network, enabling it to expand both its pendingthefinalapprovalthatwillbusiness and its customer portfolio. take place in the coming months. TheTheacquisitionofGEFCOand acquisition will strengthen the rangeits integration within CEVA Logistics of logistics services that CEVA Logis- will create the worlds leading auto-tics, CMA CGMs logistics subsidiary,motivelogisticsproviderandwill Cprovides to its customers, especiallyreinforce CEVAs leadership position Min France and the rest of Europe.incontractlogistics.Thankstothe YRodolpheSaad,Chairmanandaddition of GEFCO, CEVA Logistics CMCEO of the CMA CGM Group, com- willcontinueexpandingaroundthe mented: The acquisition of GEFCOworldandstrengtheningitsposition MYrepresents a further step in our devel- in key markets, especially France and CYopment strategy and strengthens ourthe rest of Europe.company,CMY WELCOMEposition as a global player in transportGEFCO, a FrenchisK a and logistics. With GEFCO, our sub- European leader in contract logistics sidiary CEVA will become the worldand a specialist in the automotive seg- to the Port of Baltimoreleader in automotive logistics, havingment. With particular expertise in fin-recentlyenhanceditscapabilitiesinished vehicle logistics, the company e-commerce logistics with the acqui- plays a key role in keeping European sition of Ingram Micro CLS. We areautomotive production lines running.On-dock railcreating a French leader to serve ourGEFCO intends to pursue its strong customers around the world.cooperation with its partners, includ- Robust real estate growthCMA CGMs expertise to supporting Stellantis.Second 50-ft deep ber th under construction ter 2022Second 50-ft deep berth operational during first quarDouble stack rail coming soon(EMERGINGcontinued fromnext get shortage before it happens.Less than two miles to Interstate 95page 41) Butitisntjustthecarmak-Recently, we made a reasonably sub- ers trying to get out in front of theAccess to 2/3 of the U.S. population within 24 hoursstantial investment with Northvolt, sopotentialshortage.InMay,The that we are in control of our own bat- USDepartmentofEnergy(DOE)marylandports.com | 1.800.638.7519 |tery supply as we go forward, announceda$3billionprogramGovernor Larry HoganMDOT Secretary James F. Ports, Jr.MDOT MPA Executive Director William P. DoyleGovernor Larry Hogan MDOT Secretary Gregory Slater MDOT MPA Executive Director William P. DoyleInaFebruaryreportofEnergygoingtowardbatterymanufactur-Monitor,outlined,Totalcriticalmin- ing and supply chain to support the eral demand for EVs in 2020 was 0.4transition to electric vehicles. (HOBBLINGcontinued from20%,aswellasdecreasesinother million tons. Based on its SustainableThemoneyiscomingfromthepage 30) breakbulk cargo sectors such as fertil-Development Scenario, the IEA predictsgiant infrastructure bill from last year,effectively cut off the Lower Mainlandizers, down 13%, and chemicals, down this demand to grow almost 30 times,whichalsoincluded$7.5billionforfrom the rest of British Columbia. 19%. All this Silvester attributed to a to 11.8 million tons in 2050. Lithium iselectrictransitvehiclesandanotherInternational demand for Canadiancombinationofglobalsupplychain expected to see the biggest growth, fol- $7.5 billion for electric vehicle charg- goods remains high, so this is a missedchallenges and weather events.lowed by nickel and graphite. ing infrastructure. The DOE announce- opportunityforCanadaforadditionalThe Canadian Government invested Although the minerals themselvesment added that another separate $60exports, Silvester added.$4.1 million, in the wake of the flood-arentrarethenumberofcountriesmillionwillbeincludedtosupporting in British Columbia, to help the currently supplying a majority of thesecond-life applications for batteriesi mPACt ons hiPPinG Vancouverportauthoritypreparea critical minerals is less than a handful.onceusedtopowerEVs,aswellasThe Vancouver port saw declinesparcelofvacantindustriallandfor Thats why, automakers like GM arenew processes for recycling materialsinlumbervolumesin2021,whichcargo operations, a move that Silves-trying to invest now to get ahead of theback into the battery supply chain. were down 14%, and wood pulp, downterapplauded.But,heemphasized, itsimportanttoensuresufficient industriallandisavailableinthe Lower Mainland for the port to con-tinuetofacilitateCanadasgrowing tradeefficientlyandreliably.When our core Canadian supply chains are constrained by the tightest industrial land market in North America, thats aproblemthatreverberatesacross Canada. One recent report indicated thattheVancouverregionhasthe lowestindustrialrealestatevacancy in North America and the highest leas-ing costs in Canada.When it comes to rail-service reli-ability,orthelackthereof,Canadas forest industry is facing the recurring problem of many mills not getting suf-ficient numbers of rail cars when they need them. This can have a negative impact on customer relationships and confidence,especiallyasmoreand more customers in Canada and around the world are turning to forest products customs brokers&freight forwarders for their climate benefits, said Nigh-www . jfmoran.com: 800.944.1041 bor. Labor supply challenges are an ongoingconcernaswell,especially as it relates to truck driver shortages (HOBBLINGcontinued on page 43)'