CMA CGM closes $1.4 billion FedEx Supply Chain acquisition
The deal nearly triples CEVA’s North American contract logistics capacity and strengthens its integrated logistics services in the US and Canada.
The deal nearly triples CEVA’s North American contract logistics capacity and strengthens its integrated logistics services in the US and Canada.
The expansion of the US manufacturing sector could drive up demand for project cargo logistics, including heavy-haul trucking and inland waterway transport.
The pool of drivers available to haul 53-foot domestic containers has shrunk since the freight recession began in 2022, making it harder for intermodal providers to respond quickly to the current surge in volumes.
The $300M investment near Cincinnati will specialize in handling larger, non-sortable items, including televisions and furniture.
The carrier operates a robust ground freight network while its e-commerce arm integrates with its contract logistics and air freight services.
Dry weather has steadily reduced navigable water levels on Europe’s most important container and chemical transport artery to the point where barge transport has become largely unviable.
Transportation executives and analysts told Inland26 the market is moving away from the abrupt rate increases and capacity disruption that characterized the initial phase of the upcycle, shifting toward a more orderly repricing of truckload freight.
The carrier will establish a new Asia-Pacific regional headquarters in Singapore, with Africa to be managed from Dubai.
Securing approval for the $4.2 billion deal has proven to be a difficult task, given Tel Aviv’s framing of the Zim acquisition as a national security issue.
Fast fashion brands like H&M, Zara and Shein are loud about their sustainability goals and achievements. But their business models pose an inherent contradiction, experts say.