CMA CGM
CMA CGM Watching Hutchison Port Sale ‘Very Closely’ As Potential Suitor
The ocean carrier giant has scooped up multiple port terminals in recent years, and could enter the…
As CMA CGM Flirts with Red Sea Comeback, Will Others Follow Suit?
In June, the carrier will reroute its MEDEX service—connecting ports across the Middle East, Indian…
CMA CGM’s $600M Vietnam Port Project Reflects ‘Sharp’ Container Demand
The ocean carrier is building a deep-water terminal complex at Hai Phong Port as Vietnam gains a larger share…
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Trans-Pacific Freight Rates Soar as China Cargo Bookings Rebound
The SCFI index shows weekly Shanghai-to-U.S. West Coast spot rates escalating 32 percent after President…
Suez Canal Offers 15% Rebates to Attract Shipping Back to the Red Sea
CMA CGM appears to be making a slow return to the canal, representing 19 percent of tonnage passing through…
India-Pakistan Port Bans Trigger Delays, Rate Hikes and Capacity Crunch
The restrictions make it "nearly impossible" for carriers to make direct vessel calls to Pakistan's Port of…
Revised Port Fees Remain ‘Major Headache’ for Ocean Alliance
China's Cosco Shipping will need help from CMA CGM and Evergreen if the carriers plan to avoid any potential…
Macron Puts CMA CGM’s $20B US Pledge in Line of Fire
Following President Trump's tariff announcement, French President Emmanuel Macron said recent E.U…
CMA CGM: US Port Fees Would Have ‘Significant Effect on All Shipping Firms’
CFO Ramon Fernandez said there was no avoiding the potential impacts of a proposal for Chinese-built ships to…
Container Market’s ‘Sustained Demand’ Banks $2.7 Billion Profit for CMA CGM
The ocean carrier also reneged on a recent decision to return to the Suez Canal via its India-to-U.S. East…
LA Port, CMA CGM Say East Coast Strike Unlikely to Pose West Coast Port Disruptions
Neither Gene Seroka nor George Goldman saw evidence that East Coast-bound vessels will be diverted after a…
CMA CGM Says Freight Rates ‘Seem to be Reaching a Plateau’
Major container price indices have indicated a slowdown in recent weeks, compared to their high acceleration…
CMA CGM Taps Google to Deploy AI Across Shipping, Ceva Logistics
The ocean carrier will use the search giant's technology to optimize vessel routes, container handling and…
Flock Layoffs Emphasize Freight Tech’s Needed Pivot to Profitability
Meanwhile, CMA CGM said it will commit to no job cuts for a full year after the recent $5.3 billion…
Ceva Won’t Raise Offer for Wincanton, Ending Bidding War With GXO
Ceva's parent, ocean carrier CMA CGM, is partnering with Nike to help the athleticwear maker reduce their CO2…