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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).
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 ...
French shipping giant CMA CGM said it had struck a preliminary agreement to acquire a majority stake in French delivery firm Colis Prive, as it continues to build up its logistics business.
On June 23, CMA CGM also plans to do a single Suez Canal voyage via its Far East-to-Mediterranean MEX service, when the 16,000-TEU CMA CGM Jules Verne leaves eastbound from Jeddah.
Shipping giant CMA CGM and tech startup Mistral AI expect rapid productivity gains from a 100 million euro partnership unveiled on Sunday, which the French firms also touted as a commitment to ...
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, ...
CMA CGM was previously forced to seek a financial restructuring in September 2009 as slumping container volumes pushed the group and other container lines into significant losses.
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.
CMA CGM and Google announced a partnership to accelerate the integration of artificial intelligence (AI) across CMA CGM's… Monday, July 7, 2025.
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