#ocean-freight-expansion
(5 articles)CMA CGM Acquires FedEx Supply Chain for $1.4B
CMA CGM, the world's third-largest container shipping line, is acquiring FedEx Supply Chain for $1.4 billion, marking a transformative expansion into comprehensive 3PL services. This strategic acquisi
CMA CGM Acquires FedEx Logistics Arm for $1.4B
CMA CGM Group, one of the world's leading container shipping operators, has announced a strategic acquisition of FedEx's logistics division for $1.4 billion. This major consolidation move signals a si
CMA CGM Acquires FedEx 3PL Business for $1.4B
CMA CGM, a global ocean freight and logistics leader, is acquiring FedEx's third-party logistics (3PL) division in a $1.4 billion transaction. This strategic move represents significant consolidation
Carriers Boost Capacity on East Asia-Australia Route Amid Surge
Major container lines are responding to exceptional demand on the East Asia-Australia trade corridor by deploying additional capacity. The catalyst is a dramatic 30% surge in freight rates within a si
Chipolbrok Launches Latest Heavy Lift Vessel
Chipolbrok, a prominent heavy lift and project cargo shipping specialist, has launched its latest heavy lift vessel, representing a capacity expansion within the specialized breakbulk segment. This fl