Shipping carrier CMA CGM delivered solid financial results for the second quarter. It also saw a significant surge in July cargo volumes. Despite this, the company expresses caution. Tariffs, geopolit
by Update: CMA CGM seeks Suez return for India-USEC lane amid renewed Middle East tensions
CMA CGM is reportedly evaluating a return to the Suez Canal for its vital India-US East Coast (USEC) shipping service. This potential strategic shift comes as geopolitical tensions in the Middle East
by Shipping Lines Levy New Panama Canal Fees
Major international shipping lines MSC and CMA CGM recently announced new surcharges. These fees will apply to vessels navigating the Panama Canal. The vital waterway currently faces increasing operat
by CMA CGM Bolsters North American Logistics with $1.4 Billion Acquisition
French shipping and logistics conglomerate CMA CGM has finalized a significant acquisition, purchasing FedEx Supply Chain in a deal valued at $1.4 billion.
This strategic takeover is set to substantia
by CMA CGM to Acquire FedEx Logistics Unit in $1.4 Billion Deal
Global shipping and logistics conglomerate CMA CGM has announced its plan to acquire FedEx Supply Chain, the contract logistics division of FedEx, for $1.4 billion. This significant transaction will r
by Oman’s Port of Sohar Secures Major Terminal Investment from CMA CGM
French shipping giant CMA CGM has finalized a significant $400 million deal for a new terminal at Oman’s Port of Sohar. This substantial investment underscores the growing importance of Sohar as a piv
by Shipping Alliance Shift: Cosco Withdraws from CMA CGM Route
Chinese shipping giant Cosco has pulled its vessels from a crucial India-Europe shipping service. This significant move follows French carrier CMA CGM’s decision to reinstate Suez Canal transits for i
by CMA CGM Adjusts Asia-US Shipping Strategy
CMA CGM, the Marseille-based shipping giant, has suspended its Asia-US pendulum service. This route previously connected ports across Asia with both the US East and West Coasts, offering a weekly capa
by CMA CGM Revives India-Europe Route, Boosting Suez Canal Traffic
Shipping giant CMA CGM is reportedly preparing to resume its “Epic” service. This strategic move will expand transits through the Suez Canal. It forms a key part of the company’s India-Europe routing
by CMA CGM Faces Q1 Profit Decline Amid Global Market Pressures
CMA CGM reported a significant decline in its first-quarter earnings, marked by a sharp drop in net profit. This financial outcome unfolded within a highly volatile global ocean trade market, shaped b