CMA CGM supports the development of Wing to offer new solutions in e-commerce logistics
The CMA CGM Group, a world leader in shipping and logistics, has decided to support the development of Wing, a young French company offering an innovative urban logistics service for the benefit of e-commerce, by forging with it an ambitious financial, industrial and commercial partnership, the company said in its release.
Founded in 2015 and based in Marseille, Lyon and Paris, Wing offers an urban logistics service dedicated to e-retailers. The young company is thus strengthening the omni-channel development of its more than 300 customers by optimizing their e-commerce logistics.
With just a few clicks from an online platform, 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.
Convinced of the relevance of the solution offered by Wing, the Group took a position in the company through its investment fund, CMA CGM Ventures. At the same time, CEVA Logistics, a subsidiary of CMA CGM that joined the Group this year, entered into an ambitious industrial and commercial partnership with Wing. The two companies will thus implement cross-selling initiatives and CEVA Logistics will make space available to Wing in its warehouses.
This merger will enable the two companies to offer their respective customers innovative new services with high added value in the field of urban logistics. The Group thus realizes the synergies resulting from CEVA Logistics' new strategic plan and reflects the strategy of Rodolphe Saadé, Chairman and Chief Executive Officer of the CMA CGM Group, to support innovation.
About CMA CGM
Led by Rodolphe Saadé, the CMA CGM Group is a world leader in shipping and logistics. Its 528 vessels serve more than 420 ports on five continents around the world and carried nearly 21 million TEUs (twenty-foot equivalent units) in 2018. With CEVA, a world leader in logistics services, CMA CGM handled more than 500,000 tons of airfreight and 1.9 million tons of inland freight in 2018. CMA CGM is constantly innovating to offer customers new maritime, inland and logistics solutions. Present on every continent and in 160 countries through its network of 755 offices and 750 warehouses, the Group employs 110,000 people worldwide, of which 2,400 in Marseille where its head office is located.