Intermodal Briefs: CMA CGM Group, Port of Oakland
Written by Marybeth Luczak, Executive Editor
The CMA CGM Group has signed a binding agreement to acquire the GCT Bayonne and New York terminals, currently held by Global Container Terminals Inc., at the Port of New York and New Jersey. (Photograph Courtesy of CMA CGM Group via Twitter)
Global shipping and logistics firm CMA CGM Group will acquire the GCT Bayonne and New York terminals at the Port of New York and New Jersey. Also, the Port of Oakland, Calif., reports November container volume declines.
