Automotive and Transportation
by (remove) : FreightWaves
RSSJSONXMLCSV
Automotive and Transportation
by (remove) : FreightWaves
RSSJSONXMLCSV

CMA CGM to invest $20B in US shipping, supply chain capabilities


Published on 2025-03-07 01:21:32 - FreightWaves
  Print publication without navigation

  • The French shipping and logistics conglomerate CMA CGM said it is investing $20 billion in its U.S.-based shipping, port and supply chain capabilities, using pro-American language that might appeal to President Trump.

CMA CGM, a French shipping giant, has announced plans to invest $20 billion in the U.S. over the next five years to enhance its shipping and supply chain capabilities. This investment aims to expand its presence in the U.S. market by focusing on several key areas: port terminal development, logistics infrastructure, and technology upgrades. The company intends to improve its intermodal transport solutions, which include rail and truck services, to better connect ports with inland distribution centers. Additionally, CMA CGM plans to invest in digital tools to streamline operations and enhance customer service. This strategic move is part of CMA CGM's broader ambition to strengthen its global logistics network and adapt to the evolving demands of international trade, particularly in response to recent supply chain disruptions.

Read the Full FreightWaves Article at:
[ https://www.freightwaves.com/news/cma-cgm-to-invest-20b-in-us-shipping-supply-chain-capabilities ]