CMA-CGM

Shipping Group CMA CGM Gets Q1 Boost But Sees Overcapacity Looming

CMA CGM benefited in the first quarter from a rebound in demand for consumer goods and higher freight rates linked to Red Sea disruption, but expects an in...

Wincanton Withdraws Support For CEVA Deal In Favour Of GXO Bid

British logistics firm Wincanton withdrew its support for CEVA's proposed deal, in favour of GXO Logistics' higher offer, which valued the company at about...

GXO Outbids CEVA Logistics In Battle For UK's Wincanton

US-based warehousing firm GXO Logistics has offered to buy UK peer Wincanton for about £762 million (€889.9 million), topping an offer by CEVA L...

France's CMA CGM Unit Raises Offer For UK's Wincanton

CEVA Logistics, a unit of French shipping firm CMA CGM, raised its offer to buy Wincanton to about £604.7 million ($766.2 million), hoping to fend of...

French Shipping Firm CMA CGM To Buy Wincanton

CEVA Logistics, a unit of French shipping group CMA CGM, said on Friday it would buy British logistics firm Wincanton in an all-cash deal worth nearly &pou...

Maersk To Use Rail To Bypass Panama Canal Amid Drought

A.P. Moller-Maersk will use trains to avoid the drought-hit Panama Canal for some of its vessels, the Danish shipping giant said as low water levels have c...

Nestlé Opts For Lower Carbon Alternatives For Shipping

Food giant Nestlé plans to move the equivalent of half of its global shipping needs to alternative, lower-emission fuels with immediate effect.

Shipping Rivals CMA CGM, Maersk To Collaborate On Green Fuels

Container shipping giants CMA CGM and Maersk said they will cooperate in efforts to reduce emissions in the sector, including by supporting the use of meth...