The convergence of contract and spot rates for ocean freight and the increased availability of instant digital quoting tools is pushing more cargo to the spot market and changing shipper negotiation strategies for long-term contracts.
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CMA CGM
CMA CGM
CMA CGM S.A., headquartered in France, is a leading worldwide shipping group, whose various subsidiaries operate on 200 shipping routes between 420 ports in 150 different countries, ranking it fourth behind Maersk Line, MSC and COSCO. Its North American headquarters are in Norfolk, Virginia, United States.
CMA CGM's multiple branches include Delmas, based in France, which specializes in container shipping to and from Africa; MacAndrews, based in Australia, which provides containerized services in the Australia/New Zealand region; Taiwan-based CNC Line, which provides Inter-Asia liner services in Asia and the Middle East; CMA Rail, which provides service in Europe and Algeria; and CMA CGM Logistics, which services China, Europe and the Middle East.
Webcasts
Nov 7, 2019 10:00AM EST
Locking in Contract Rates for 2020: How Up-and-Coming Brokers are Using RFP Collaboration Software to Accelerate RFP Responses and Win More Lanes
Nov 12, 2019 2:00PM EST
Press Releases
16 Sep 2019
Container carriers in the slowing US import and export trades are exercising increased discipline, maintaining capacity levels rather than introducing new vessels in an attempt to secure a larger share of the market.
13 Sep 2019
The larger container ships global carriers are starting to deploy in intra-Asia trades are putting pressure on specialist feeder lines already dealing with bad weather, port congestion, and shifting trade patterns.
06 Sep 2019
The world’s fourth-largest ocean carrier says its integration of recently purchased third-party provider CEVA Logistics is “proceeding according to plan” despite mounting losses and debt.
23 Aug 2019
Announcing what it said was a “socially responsible choice” to protect the Arctic and the planet, CMA CGM will not allow its ships to sail along the Northern Sea Route from Europe to Asia, and will protect the environment by prioritizing the use of LNG fuel.
12 Jul 2019
Carriers are going beyond setting up logistics arms and instead making the end-to-end reach a full company play rather than standalone attempt to offer the higher value and margin services as the NVOs they compete and partner with.
08 Jul 2019
A visibility software provider said shipping lines are expecting something in return for providing data to third-party software companies, a change from the past.
04 Jul 2019
Germany-based carrier Hapag-Lloyd is on a campaign to modernize its reefer fleet and has rolled out plans to bring all the containers online and trackable in real time.
04 Jul 2019
Carriers and shippers alike must adapt to the new realities of a container shipping market in which only a handful of large players control the vast majority of capacity.
03 Jul 2019
Another round of blank sailings has been announced, this time by the Ocean Alliance, as carriers sail into a decidedly uncertain peak season shipping period.
04 Jun 2019
CMA CGM is placing a bigger focus on breakbulk and project cargo shipments to and from India.
03 Jun 2019
With uncertainty surrounding US-Mexico relations, including threats of border shutdowns, tariffs and a Congressional showdown the US-Mexico-Canada agreement (USMCA-NAFTA 2), shippers are expressing more interest in all-water options to bypass any congestion on the border.
29 May 2019
The French shipping group will rationalize its container carrier brands, with APL serving the trans-Pacific, Asia-Indian Subcontinent, Asia-Oceania, and US-flag trades, ANL focusing on Oceania, and CNC on intra-Asia.
22 May 2019
The Ocean Alliance will skip two Asia-US West Coast sailings in June in an effort to maintain rates as the US-China trade war takes a toll on volume.
21 May 2019
The Texas Legislature’s House of Representatives on Friday approved legislation that would prohibit ships of 9,500 TEU or greater from entering the channel without prior approval from the port pilots’ board.
16 May 2019
In the latest step in the ocean carrier’s transformation into a “global integrator” of container logistics, Maersk Line has folded in the inland services formerly operated by APM Terminals.
14 May 2019
Adding five new members may give the Digital Container Shipping Association the quorum needed to press forward with the development of standard data protocols.
09 May 2019
While CMA CGM is the first carrier to implement the emergency bunker fuel surcharges this quarter, other carriers are likely to follow
25 Apr 2019
The French ocean carrier is offering instant rate quotes as part of a larger suite of electronic tools designed to simplify processes for shippers, as well as bring greater control of CMA CGM’s data in house.
22 Apr 2019
Sponsored: CMA CGM America's Ludovic Renou on his 2018 JOC Annual Review & Outlook commentary, developments in the carrier's customer-centric strategy, and creating visibility into the complete life cycle of a booking.
09 Apr 2019
CMA CGM has big plans for the company’s logistics service offerings after bringing CEVA into the fold.
29 Mar 2019
Container lines with the financial muscle — or state backing — are forging ahead with strategies aimed at controlling a greater portion of the container supply chain.
25 Mar 2019
A combination of growing call sizes and increasing domestic competition is putting the spotlight on berth productivity as a competitive differentiator for container ports in India.
14 Mar 2019
The French ocean carrier’s latest intermodal offering aligns with its strategic goal of offering more integrated supply chain services, as well as an Indian government goal to convert more container cargo from truck to rail.
05 Mar 2019
Container carrier executives tell TPM 2019 poor forecasting is an industry-wide problem, but solving it could greatly reduce overbooking and "no-show" cargo, benefiting shippers and carriers alike.
19 Feb 2019
The recently completed dredging project will allow India's busiest container port to handle vessels with a capacity of 12,500 TEU without tidal restrictions, and officials expect efficiency gains as well.
19 Feb 2019
Rapid consolidation of container carriers hasn't spurred large-scale rate increases, but it has resulted in increasingly divergent strategies, with some firms focusing solely on ocean transport while others opt for a more "end-to-end" approach.
13 Feb 2019
CFO Michael Sirat tells JOC.com CEVA will compete for the container carrier’s business like any other forwarder.
29 Jan 2019
European forwarders are trying to blunt ocean carriers from encroaching on their business.
28 Jan 2019
CEVA Logistics wants shareholders to bear in mind the benefits of its strategic partnership with CMA CGM and turn down a bid by the carrier, highlighting the growth inherent in the company.
23 Jan 2019
Shippers are starting to see the beginning of the pipeline of value-added services, but the rollout won’t make a splash like the deployment of a mega-ship.
10 Jan 2019
If there was ever a year when the outlook for reliability in the system was more clouded, 2019 and into 2020 would take the prize.
10 Dec 2018
CMA CGM (India) said the smart container was loaded onto the CMA CGM Tosca at Jawaharlal Nehru Port Trust on Nov. 30, destined for Marseilles, France.
07 Dec 2018
The new tools provide peace of mind for a segment of shippers who want web-based booking tools, and also offer a path to value/service differentiation for ocean carriers. But what happens to the value proposition of NVOs and their decades-long relationships and nuanced, specialized services?
05 Dec 2018
CMA CGM is the first carrier to participate on the marketplace hosted by Freightos, a technology startup that until now only provided aggregated rates to forwarders.
30 Nov 2018
The cuts come even amid reports of Brazilian coffee and cotton exporters scrambling for outbound capacity out of the ports of Santos and Vitoria.
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