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MSC Joins CMA in Backing Traxens

MSC Joins CMA in Backing Traxens
Danny Gill

MSC has joined CMA CGM in backing French start-up Traxens, a developer offering an innovative container monitoring and coordination system. The agreement sees CMA CGM and MSC investing capital in Traxens, with each Group also represented on the Board of Directors. The deployment of Traxen devices across the fleets of both carriers will be announced in Q4 of this year.

Diego Aponte, President and CEO of MSC, said “We see container monitoring as an important innovation in providing our customers with a high quality of service, while also being able to monitor our outputs accurately. We believe that shipping lines should naturally compete on service, but should co-operate in the area of technology and innovation.”

Rodolphe Saadé, Vice-Chairman of CMA CGM added “We recognized the need for more and better data coming from our containers quite a while ago. We are proud to have identified the potential of the TRAXENS solution early on. This is just a part of our global digital strategy.”

Michel Fallah, founder and CEO of TRAXENS concluded “We are of course delighted to have the backing of CMA CGM since 2012 and now of MSC. Our solution was designed from day one to be a global solution for all containers and all companies. This is an encouraging step towards setting a market standard.”

Technology
Danny Gill

Danny is currently a Contributing Writer for Airfreight Logistics and Logistics Manager (LM) and is quite the foodie. He’s always on the hunt for new and exciting dishes to sample, and is never one to back down from a spicy challenge. His travels have taken him around the world, and he’s been able to experience many different cultures (and food).

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