CMA CGM has appointed Tim Haas (pictured above) as its new chief operations officer in North America, reporting to Ludovic Renou, president of CMA CGM America at it Norfolk, Virginia headquarters.
His appointment follows the departure of previous chief operations …

One of Hapag-Lloyd’s largest shareholders has brushed off an approach by CMA CGM for merger talks.
Any such deal could create the largest container shipping line in the world.
Alphaliner reports that, on the side lines of the company’s AGM …

Shipping line CMA CGM has confirmed its 24.99% stake in 3PL Ceva Logistics after receiving all the necessary regulatory approvals.
The container line made the private placement investment in May as Ceva launched its initial public offering (IPO) on the …

Exposure to price volatility in air freight could soon be mitigated by the launch of an air freight ‘forward price curve’.
The index could help forwarders manage the risk of rapid price changes in the $70bn market, according to the …

Forwarders are advised to brace themselves as the China-US trade war kicks up a gear.
The US administration has announced plans for a further $200bn worth of tariffs on Chinese exports.
This follows Bloomberg reports this week that President Donald …

CSX has appointed Mark Wallace (pictured) as executive vice president for sales and marketing, with Diana Sorfleet stepping into the role vacated by Mr Wallace.
Having joined the US rail operator in March 2017 as chief of staff, Mr Wallace …

Xpediator’s latest acquisition will be followed by more this year.
Yesterday it announced the purchase of Southampton-based Import Services Ltd (ISL) in a deal worth a reported £12m.
And it said negotiations for two more takeovers were “well progressed”, with …