CMA CGM’s $20B investment will strengthen United States maritime ties, boost exports, create 10,000 jobs, and expand ports, logistics, and air cargo. CMA CGM Group, a global leader in transportation and logistics, has announced a $20 billion investment to boost the maritime economy and transform the nation’s supply chain over the next four years. The…
The shipping container market is expected to grow from approximately $8.7 billion in 2022 to around $16.1 billion by 2032, with a compound annual growth rate (CAGR) of 6.5% during the forecast period from 2023 to 2032 according to Market Research Biz Overview of the Shipping Containers Market The shipping containers market encompasses the global…
The shipping and logistics market is expected to expand from $14.56 billion in 2024 to $18 billion by 2029. Amr El-Samadouni, Secretary-General of the International Transportation and Logistics Services Division at the Cairo Chamber of Commerce, has urged stronger collaboration and coordination among all stakeholders in the public and private sectors to tackle challenges in…
XPO introduces Connect Europe, a new platform streamlining shipment management across 25 European countries. The service handles single pallets to full loads, providing a single point of contact for cross-border logistics. Leveraging XPO’s extensive network, Connect Europe simplifies global freight shipping while prioritizing…
American shipping giant FedEx has announced a rate increase across its delivery services, effective January 2025. This adjustment will affect both U.S. and international shippers, impacting the cost of handling both lightweight and heavy packages. The adjustment is driven by challenging economic conditions, including rising operational costs, inflation, and fuel prices in the United States….
Logistics and transportation is an intricate puzzle of interconnected routes, carriers, shippers, modes, and supply chains. Delivering success requires these pieces to fit seamlessly together. However, the complexity of modern operations extends beyond just the physical networks. Survey details The 33rd Annual Study of Logistics and Transportation Trends surveyed more than 200 industry practitioners, 85% of…
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