The delays in Asia helped propel global port congestion to a four-year high, with almost 11% of the container fleet waiting at anchorage as of June 28, according to Linerlytica.
The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America.
A key freight forwarders group warns that shifting liability onto forwarders — without them having operational control or corresponding insurance coverage — creates legal uncertainty.
