Saadé, the billionaire chairman and chief executive of Marseille’s CMA CGM, intends to triple the size of the container line’s U.S.-flagged fleet, upgrade its U.S. port facilities and create a Chicago ...

The investment by CMA CGM, the Marseille-based company run by Saadé, will include new vessels, air cargo and logistics bases. The billionaire announced the move in the Oval Office on Thursday ...

CMA CGM also operates US-flagged vessels through its subsidiary American President Lines. Saadé was reported to have attended an event in Washington around Trump’s inauguration. Meanwhile ...

The Maritime and Port Authority of Singapore (MPA) and the CMA CGM Group have renewed a Memorandum of Understanding (MoU) to ...

CMA CGM is also focused on increasing its warehouse footprint to 400 facilities, Saadé told Les Echos. The company currently operates a total of 200 warehouses through its subsidiary CEVA Logistics.

CMA CGM is the world's third-largest container line. Saade had said at the White House he was looking at supporting the building of container ships in the country and would make an announcement ...

An estimated 10,000 new jobs would be created by the projects, Trump said at an event at the White House alongside CMA CGM chief executive Rodolphe Saadé. The investments would be made over four years ...

An estimated 10,000 new jobs would be created by the effort, Trump said at an event at the White House alongside CMA CGM CEO Rodolphe Saadé. “It’s so important because it’s about shipping ...

CMA CGM, controlled by the family of Chairman and CEO Rodolphe Saade, is the world's third-largest container shipping line. It has a large U.S. presence, operating several port terminals while ...