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CMA CGM Q3 net income zooms to $2.7bn on shipping boom
9 Nov 2024 11:12 AM ISTShipping revenue increased 43% to $10.8 billion and EBITDA nearly tripled to $4.3 billion.
CMA CGM Group Q2 net revenue up 7% on stable operations
26 July 2024 1:10 PM ISTHigher revenue for logistics business, boosted by consolidation of Bolloré Logistics since February 29, 2024
CEVA Logistics completes acquisition of Stellar Value Chain
22 Nov 2023 12:34 PM ISTStellar acquisition provides CEVA with a presence in 60+ locations and 35 cities across India
CEVA sends F1 cargo by rail for 1st time in Scuderia Ferrari’s history
18 Oct 2023 7:44 PM ISTRail being used between Montreal, Austin, Las Vegas F1 Grand Prix races; emission reductions of 90% compared to air
CEVA Logistics' take over of Stellar Value Chain Solutions
23 Aug 2023 7:24 PM ISTCEVA Logistics, a wholly owned unit of Marseille, France-based CMA CGM Group, which runs the world’s third biggest container line, acquired Stellar...
CEVA expands India presence, buys Stellar Value Chain Solutions
21 Aug 2023 12:59 PM ISTAcquisition advances CEVA’s growth strategy through scale and local expertise from nearly 8,000 Stellar employees
CEVA to operate 4 deep-sea, dual-fuel RORO vessels
3 May 2023 6:37 PM ISTCEVA will lease four of Eastern Pacific Shipping’s vessels from CMA CGM, each ship providing 7,000-car capacity
CMA CGM 2022 revenue up 33% at $74.5bn
4 March 2023 3:40 PM ISTGroup EBITDA increased 44% to $33.3bn, Group share of net income was $24.9bn for 2022
Mark Sutch's turbulent flight with CMA CGM Air Cargo
29 July 2022 2:00 PM ISTSutch quit his CCO job at CMA CGM Air Cargo in less than 3 months and on the same day Sutch put in his resignation, the COO Hughes Marchessaux also...
CMA CGM Group Q12022 profit zooms to $8.9bn on shipping boost
4 Jun 2022 4:16 PM ISTGroup to take 9% stake in Air France-KLM for approx €400 million, become Air France-KLM's main private shareholder.
CMA CGM buys GEFCO; financials not disclosed
8 April 2022 3:20 PM ISTEuropean Commission has authorised CMA CGM to acquire the capital of GEFCO immediately, pending the final approval.
'There continues to be work on developing a packaging standard that can be used to verify that the package is capable of containing a fire event'
5 March 2022 1:00 PM ISTRegulations need to stay one step ahead of the enforcement, as do regulators. David Brennan, Assistant Director Cargo Safety & Standards, IATA...