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CMA CGM Bolsters UK Logistics Foothold with $718M Acquisition
Sourcing Journal via Yahoo News· 5 months agoIn the same week it had a setback to its international expansion efforts upon abandoning its air...
Maersk, Hapag-Lloyd Stress Reliability Upon Forming New Shipping Alliance
Sourcing Journal via Yahoo News· 5 months agoAs its 2M alliance with Mediterranean Shipping Company (MSC) is set to dissolve in January 2025,...
CMA CGM Ends Air Cargo Alliance with Air France-KLM
Sourcing Journal via Yahoo News· 5 months agoCMA CGM’s air cargo partnership with Air France-KLM will end in March, with both parties citing a tight regulatory environment in “certain important...
CMA CGM in $5.5 Billion Logistics Deal
Sourcing Journal via Yahoo News· 1 year agoCMA CGM Group has committed to buy the logistics operations of French conglomerate Bolloré Group for an enterprise value of 5 billion euros ($5.5...
Shipping giants Maersk and MSC are making different bets on the future of trade
Quartz via Yahoo Finance· 1 year agoIn January, Maersk and Mediterranean Shipping Co., the world’s two largest shipping lines, announced...
Maersk Opens 2 Latin America Hubs
Sourcing Journal via Yahoo News· 1 year agoA.P. Moller-Maersk wants to provide more regional expertise for its Latin American clients as the shipping giant continues to expand its services beyond...
Qantas says freight backlog in Australia could last 2 more weeks
FreightWaves via Yahoo Finance· 8 months agoQantas Freight is still scrambling to recover from an IT meltdown that has gummed up its air cargo...
Air cargo’s busy season looking more like molehill than mountain peak
FreightWaves via Yahoo Finance· 12 months agoCargo airlines and third-party logistics providers are crossing their fingers for a resurgence of...
Maersk CEO: Red Sea Disruptions Could Linger ‘A Few Months, At Least’
Sourcing Journal via Yahoo News· 5 months agoU.S. military forces delivered a fourth series of strikes against Houthi missile targets in Yemen...
Fort Worth will get weather sensors to help guide self-driving trucks along roads
Fort Worth Star-Telegram via Yahoo News· 2 months agoThe federal government awarded Fort Worth $2 million to test weather sensors on autonomous freight...