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CMA CGM is reshuffling its deck of vessels to expand its presence in the Red Sea. Starting in June, the ocean carrier will reroute its Med Express (MEDEX) service-which connects ports across the ...

Maritime transport giant CMA CGM SA has entered exclusive talks to buy Bolloré SE’s logistics arm for an enterprise value of 5 billion euros ($5.5 billion).

The bad news for France’s CMA CGM, the world’s third-largest ocean carrier: Profits continue to slide. The good news: The company is still raking in over a billion a quarter, net profits and ...

Ocean carriers like CMA CGM, Maersk, Mediterranean Shipping Company (MSC) and China's Cosco Shipping could all see fees of up ...

CMA CGM ranks No. 7 on the Transport Topics Top 50 list of the largest global freight carriers. The president added that he planned to announce a new government program for shipbuilding next week.

Item 1 of 2 The logo of CMA-CGM shipping company is pictured on a container in Montoir-de-Bretagne near Saint-Nazaire, France, March 4, 2022. REUTERS/Stephane Mahe/File Photo ...

CMA CGM’s Saadé Urges Calm as Ocean Carrier Profits Plummet. The head of the world’s No. 3 container line expects little change next year in a faltering shipping market marked by sagging ...

CMA CGM expects its profit to ease further for the rest of the year after a first-quarter decline, as an uncertain economy and influx of new vessels cool the container shipping market after a ...

CMA CGM, like many other carriers, is reporting serious revenue loss. The North America president and CEO goes into detail with American Shipper and explains why the company is investing in more ...

CMA CGM will buy an initial stake in Santos Brasil, whose assets include South America’s largest container terminal in the port of Santos, before later launching a tender offer for the remaining ...

Ed Aldridge, president of CMA CGM America and American President Lines LLC, will retire on Dec. 6, and Peter Levesque, who was previously Ports America Group’s president, will take over those roles, ...