The corporate venturing arms of CMA CGM and PSA International have joined forces to drive digitisation and innovation in the logistics sector.
France-based container transportation and shipping company CMA CGM partnered Singapore-based port operator PSA International on Tuesday to collaborate on digitisation and innovation in the shipping and supply chain sectors.
The two signed the memorandum of understanding through their respective corporate venturing units, Ze Box and PSA Unboxed.
They will collaborate on growing each other’s ecosystem by pooling resources, addressing industry problems through their corporate innovation programs and support each other’s mentorship programs.
Ze Box will open a satellite office in…