CMA CGM Group, Marseille, France, announced a $20 billion investment over the next four years, intended to enhance U.S. maritime transport, shipbuilding, port infrastructure, logistics, an

The CEO of the world’s No. 3 container line visited the White House as Trump pushes to revive the U.S. shipbuilding and maritime industry.

CMA CGM is in talks with shipyards about the possibility of having medium-sized container vessels built in the United States, the French shipping group's CEO Rodolphe Saade told Les Echos newspaper. "We are in talks with several shipyards to see how long it would take and at what cost,

President Donald Trump said French shipping giant CMA CGM SA will invest $20 billion in the United States to develop maritime infrastructure, logistics and terminals.

U.S. President Donald Trump announced that French shipping giant CMA CGM will invest $20 billion to expand logistics and port infrastructure in the United States. The move aligns with the administrations goal to

U.S. President Donald Trump on Thursday said French-based shipping firm CMA CGM would invest $20 billion in the United States to build out shipping logistics and terminals.