CMA CGM
Wincanton Board Unanimously Recommends GXO’s $965M Bid
Third-party logistics (3PL) provider Ceva Logistics now has until March 6 to up its bid for the second time.
CMA CGM Makes ‘Case-by-Case’ Red Sea Return, Maersk Says to Seek Alternatives
In a Tuesday update, Maersk's North American president Charles van der Steene said "No one knows for how long…
GXO Outpaces Ceva with $965M Wincanton Bid
A U.K.-based logistics expert argued the potential acquisition is "definitely not in the interests of…
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Ocean Alliance ‘In a Very Strong Position’ After Extending Vessel-Sharing Commitment
Ocean carriers CMA CGM, Evergreen, Cosco and OOCL might have a leg up on their competitors as they outpace…
Ceva, GXO Could Start Bidding War for UK Logistics Provider
CMA CGM's 3PL wing upped its offer to acquire Wincanton after the England-based firm revealed GXO was…
CMA CGM Bolsters UK Logistics Foothold with $718M Acquisition
The ocean carrier's Ceva Logistics 3PL unit is acquiring Wincanton, which provides logistics services for…
CMA CGM Ends Air Cargo Alliance with Air France-KLM
A CMA CGM spokesperson said the partnership constrained the ocean freight giant's current ambitions to expand…
CMA CGM Says Red Sea Ship Unharmed After Militants Claim Attack
"I do expect prices to be passed along to consumers, generally speaking," one economist said as more ships…
Shipping CEOs Call to Accelerate Decarbonization Via Regulation at COP28
They want a new GHG emissions pricing mechanism.
Amazon’s Climate Pledge Commits $10 Million to EVs in Latin America, India
Plus, Maersk joined up with CMA CGM to decarbonize ocean shipping.
CMA CGM in $5.5 Billion Logistics Deal
With the third-largest share in the global container market, the French company is closing in on its biggest…
CMA CGM Acquiring Flagship Terminals in NY/NJ Port
The Port of New York and New Jersey represents CMA CGM's largest gateway on the U.S. East and Gulf Coasts.
CMA CGM Pumps $1.5 Billion Into Energy Overhaul
The logistics giant aims to accelerate its energy transition and achieve net-zero carbon emissions by…
North America’s Fourth-Most-Productive Port Hungry for Cargo Share
"Our brand is speed, and with that hopefully a reduction in pain and cost you're experiencing in other…
CMA CGM, Air France-KLM Sign Strategic Air Cargo Partnership
The exclusive partnership will see both parties combine their complementary cargo networks, full freighter…