
CMA CGM completes the acquisition of FedEx Supply Chain for 1.4 billion dollars
The operation integrates nearly 10,000 employees and 34 million square feet of warehouses at CEVA Logistics, the logistics subsidiary of the French group.
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Latest CMA CGM news: shipping, ports, routes, logistics and international trade coverage from El Estrecho Digital.
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The operation integrates nearly 10,000 employees and 34 million square feet of warehouses at CEVA Logistics, the logistics subsidiary of the French group.

The new rate will come into effect on October 5, while rail and combined services will incur a surcharge of 13%

The 26 container ships of 18,600 TEUs raise the portfolio of new constructions of the Danish company by 483,600 TEUs, but their deliveries are scheduled for 2029 and 2030

Alphaliner positions the French shipping company after a project for twelve units of 24,000 TEUs at Yangzijiang, while Maersk studies a program for up to 42 new vessels

The agreement, signed in Paris in the presence of Mohammed bin Salman and Emmanuel Macron, will add up to 2.6 million TEUs of annual capacity to the Saudi facility.

The CMA CGM OSMIUM has received 8,016 tons of biomethanol, enough to cover its journey from Shanghai to the east coast of South America.

The American fund invests 2.4 billion dollars in the new company, which integrates nine terminals and coincides with the expansion project of the Algeciras facility

The Danish shipping company gains 2.7 percentage points and reaches 16.2% of the segment, while CMA CGM becomes the only major operator to reduce capacity

The shipping company invoices 15,690 million, transports 6.3 million TEUs, and improves its operating margin despite the tension in the Middle East.

The French shipping company reactivates the Emergency Fuel Surcharge due to the rise in fuel prices following the military escalation in the Persian Gulf

The weekly service will connect Southampton, Vlissingen, and Antwerp with Tema, Lekki, Cotonou, and Dakar with a fleet announced of 4,200 TEUs.

The French company adds 235,500 TEUs between January and July, a 5.7% increase in capacity, and shortens the gap with Maersk in the race for second place worldwide

The French company shortens the distance to the Danish company to just over 400,000 TEUs and accumulates an order book of 95 container ships close to 1.5 million TEUs.

The French shipping company unifies two shuttle lines in Iberimar, while MSC and Akkon Lines also expand their routes between Spain and Africa.

The vessel, powered by LNG and with a capacity of 24,000 TEUs, opens a series of ten units that will expand the French shipping company’s fleet by 2028.

The main shipping companies have completed the departure of vessels from the Persian Gulf taking advantage of a security window opened after the 60-day ceasefire...

The French shipping company will integrate nearly 10,000 employees and 150 warehouses into CEVA Logistics, and both companies anticipate maritime and air commercial...

The largest LNG-powered container ship under the French flag is expected to arrive at the Algeciras anchorage on June 24 for its inaugural voyage.

The 24,212 TEU vessel, the first of a series of ten units, has begun its maiden voyage in Shanghai and will operate on the route between Asia and Northern Europe

The French shipping group achieves an EBITDA of $2.1 billion, 31.6% lower than in the same period last year, weighed down by falling maritime freight rates
In less than a year, the Moon's shadow will sweep across southern Spain with over 4 minutes of total darkness over Algeciras, Tarifa, and Gibraltar.