France-based CMA CGM, a major ocean shipping and logistics company, plans to spend $1 billion beefing up its cargo airline ...

U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States ...

The CEO of the world’s No. 3 container line visited the White House as Trump pushes to revive the U.S. shipbuilding and ...

Trump said at an event at the White House alongside CMA CGM chief executive Rodolphe Saadé. The investments would be made over four years, the container line said in a subsequent statement. “It’s so ...

“It’s so important because it’s about shipping,” Trump said. “You know, we lost our way for many years. We haven’t done anything. We used to build a ship a day.” CMA CGM ranks No. 7 ...

France-based container shipping and logistic giant CMA CGM Group on Thursday announced it will invest $20 billion over four years in its U.S.-flag fleet, port terminals, an air cargo airline based ...

"China builds more than half of all container ships in the world, so this would have a significant effect on all shipping firms," Chief Financial Officer Ramon Fernandez told reporters. CMA CGM ...

French shipping giant CMA CGM pledged Thursday to invest $20 billion in U.S. logistics over the next four years. Marseille’s CMA CGM intends to triple the size of the container line’s U.S ...

WASHINGTON (Reuters) -U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States to build out shipping logistics and terminals.

"China builds more than half of all container ships in the world, so this would have a significant effect on all shipping firms," Chief Financial Officer Ramon Fernandez told reporters. CMA CGM ...