Maersk’s Return to the Suez Canal: What It Means for Global Shipping and Supply Chains

Maersk’s Return to the Suez Canal: What It Means for Global Shipping and Supply Chains

After months of rerouting vessels around the Cape of Good Hope, Maersk is preparing to send its first cargo through the Suez Canal since the start of the Iran war. According to reports from the Financial Times and Reuters, Maersk plans to send the container vessel Maersk Majestic through the Suez Canal and the Red […]

FedEx & CMA CGM

CMA CGM to Acquire FedEx Supply Chain in a $1.4 Billion Deal: Strengthening North American Logistics Operations

Global shipping and logistics group CMA CGM has announced an agreement to acquire FedEx Supply Chain, the contract logistics business of FedEx Corporation, in a transaction valued at $1.4 billion. The acquisition marks another significant step in CMA CGM’s long-term strategy of expanding its integrated logistics capabilities through its logistics subsidiary, CEVA Logistics. According to […]