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CMA CGM acquires FedEx Supply Chain in $1.4 billion deal

Greg Knowler, Senior Editor Europe |

The takeover means CMA CGM subsidiary CEVA Logistics will become one of the top contract logistics providers in North America.

  • Pause IATA's new air waybill rules until legal clarity resolved: forwarders
    Pause IATA's new air waybill rules until legal clarity resolved: forwarders
  • MPV sector unsettled by uncertainties over policy, geopolitics
    MPV sector unsettled by uncertainties over policy, geopolitics
  • Brownsville’s ship channels now deepest along US Gulf Coast
    Brownsville’s ship channels now deepest along US Gulf Coast
  • MSC boosts Indian port play with $1.4 billion terminal deal with Adani
    MSC boosts Indian port play with $1.4 billion terminal deal with Adani
  • CMA CGM inks $400 million terminal deal at Omani Port of Sohar
    CMA CGM inks $400 million terminal deal at Omani Port of Sohar
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Essential Reads

Asia-US spot rate surge continues as retail restocking enters the mix

Bill Mongelluzzo, Senior Editor, Trans-Pacific |

The US retail inventories-to-sales ratio in April fell to its lowest in more than three years as the market ponders just how much steam the current frontloading push has left.

US LTL providers on the prowl at ports as imports rise

William B. Cassidy, Senior Editor, Trucking |

Both traditional LTL carriers and non-traditional expedited LTL providers are seeking access to containerized freight as trans-Pacific imports increase.

Flatbed rates rise as data centers, regulations tighten capacity

Dan Ronan, Special Correspondent |

Carriers, brokers and market analysts say flatbed equipment is becoming increasingly difficult to secure in several key freight markets, particularly across the South.

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