CMA CGM has acquired four Airbus freighters and created a new Air Cargo division to provide “customers with a complementary range of services covering both shipping and logistics” on lanes into and out of the EU. That adds to Ceva, its freight forwarding operator, which has seen... Read more →
Maersk will restructure its freight forwarding operations as part of its long-term integration strategy and will terminate the carrier-neutral (NVOCC) operations of Damco by the end of 2020. U.S. seaborne imports linked to Damco fell by 11.4% year over year in the three months to Aug. 31 wh... Read more →