CMA CGM is “confident” moving into the third quarter as rising consumer demand keeps container ships full and rates elevated.
03 Jul 2020
An industry-spanning initiative has been launched in Europe to find a sustainable alternative to fossil fuel.
05 Jun 2020
COVID-19 lockdowns are weighing on global container shipping demand, and CMA CGM has joined other major carriers in expressing gloomy expectations for the second quarter.
13 May 2020
CMA CGM has secured financial aid to improve liquidity and ease financial pressure as it prepares for declining volume and works on cutting debt levels of almost $18 billion that it carried into 2020.
22 Apr 2020
Since acquiring APL in 2016, CMA CGM has steadily withdrawn the carrier from all other trade lanes and will now only cover trade between Asia and North America.
16 Apr 2020
XPO Logistics CEO Bradley S. Jacobs believes the US and global economies will recover in “fits and starts” in the second half of 2020, and supply chains will become more resilient.
26 Mar 2020
The difficulty in fulfilling cargo contracts amid an increasingly chaotic supply chain and a spreading pandemic is driving forwarders to drastic steps to limit their liability.
10 Feb 2020
French carrier CMA CGM has partnered with a Europe research institute to conduct an around-the-world test of the potential of hydrogen as a clean and sustainable energy source.
29 Jan 2020
CMA CGM has made some senior leadership changes as part of a group restructuring.
23 Jan 2020
A strike by French dockworkers this week is causing severe disruption to carrier schedules as port calls to Le Havre and Marseilles-Fos are cut.
16 Jan 2020
Expect the sale or spin-off of some business to make XPO more a “pure-play” LTL trucking company — smaller, but more focused on US shippers and better positioned to increase shareholder value.
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