CMA CGM Group, a prominent player in maritime and logistics solutions, has announced a remarkable investment of $20 billion aimed at enhancing America’s maritime transportation and supply chain capabilities over the next four years. This commitment marks a significant expansion of the Group’s 35-year presence in the U.S., where it operates in 40 states and employs 15,000 individuals.
Each year, CMA CGM plays a crucial role in U.S. trade by transporting more than 5 million shipping containers to and from the country. Rodolphe Saadé, Chairman and CEO of CMA CGM Group, expressed pride in the company’s enduring relationship with the United States.
He highlighted that this investment will promote the growth of the U.S.-flagged fleet, expand cargo capacity at key ports on both coasts, and establish advanced warehousing and an air cargo hub in Chicago. Additionally, this plan is expected to generate 10,000 new jobs, further strengthening connections with American customers and public resources.
The investment will also support the U.S. government’s initiative to bolster domestic shipbuilding capabilities. CMA CGM aims to enhance its American operations by increasing APL’s U.S. flag capacity and reinforcing maritime resources, skills, and technologies.
This will ensure safe and reliable access to international waters, crucial for the country’s economic and national security interests. Beyond fleet enhancements, CMA CGM Group will focus on port development in strategic locations like New York, Los Angeles, Dutch Harbor, Houston, and Miami.
These improvements will lead to more efficient supply chains and enhanced safety for both port workers and cargo. In addition, a new air cargo hub in Chicago will expand the country’s air freight capabilities with the introduction of five Boeing 777 freighters.
To sustain innovation, a logistics R&D center will be established in Boston, concentrating on advanced robotics and automation, developed in partnership with American technology experts.