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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).

Rodolphe Saadé, the billionaire chief executive of French container line CMA CGM, says the shipping industry shouldn’t panic over a sharp retreat in earnings. The head of the world’s third ...

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 ...

Marseilles, France-based CMA CGM saw shipping revenues and earnings improve on assorted geopolitical stresses in 2024. The post After buoyant year, CMA CGM sees ‘unprecedented uncertainty’ in ...

CMA CGM and Google announced a partnership to accelerate the integration of artificial intelligence (AI) across CMA CGM's operations globally.

Logistics has also become a greater part of the group’s portfolio and earnings. Under the Brazilian deal, CMA CGM will gain access to three container port terminals as well as other assets.

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 ...

President Donald Trump said shipping giant CMA CGM SA would invest $20 billion into the United States to build out shipping logistics, infrastructure and terminals. An estimated 10,000 new jobs ...

PARIS : 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 ...

PARIS, May 26 (Reuters) - 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 ...

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, ...