CMA CGM Group , a leading integrator of maritime, land, air and logistics services, announced a $20 billion investment to contribute to the U.S. maritime economy and support the transformation of the supply chain over the next four years.
According to a press release from the company, this announcement builds on CMA CGM Group’s 35-year presence in the United States. Today, the Group operates in 40 states and employs 15,000 Americans. CMA CGM transports more than five million ocean containers to and from the country each year.
“I am proud to continue to develop our long-standing relationship with the United States through this $20 billion commitment to the country’s maritime future and logistics capabilities. Over the next four years, we will significantly grow our U.S.-flagged fleet, expand the capacity of major container ports on both coasts, develop state-of-the-art warehouses across the country and establish a major air cargo hub in Chicago. This will create 10,000 new jobs in the United States and further strengthen our partnership with American customers and public authorities,” said Rodolphe Saadé, Chairman and CEO of CMA CGM Group, quoted in the statement.
Promote American shipbuilding by increasing the American-flagged fleet and maritime jobs
As part of this new programme, CMA CGM Group will contribute to the development of US maritime capabilities through a series of targeted investments. This advances the US federal administration’s recently announced priority of strengthening US shipbuilding capabilities.
This includes strengthening APL’s (the US flag carrier American President Lines part of CMA CGM Group) capacity to transport US government cargo and enhancing maritime resources with new jobs, skills and technologies.
Expansion of container ports on the east and west coasts
The Group will also develop port infrastructure in key locations in the United States, including New York, Los Angeles, Dutch Harbor, Houston and Miami.
Opening of state-of-the-art warehouses and automotive logistics platform
This investment plans to improve the United States’ logistics and supply chain infrastructure by developing state-of-the-art automotive warehousing and logistics platforms across the country.
Creation of an air cargo hub in Chicago
As part of this investment, CMA CGM Group will also expand its U.S. air cargo capacity . Supported by a new hub in Chicago, the Group will deploy five new Boeing 777 freighters, operated by U.S. pilots, to strengthen U.S. trade and connectivity and ensure the reliable transport of critical and time-sensitive goods.
Accelerating R&D investment and innovation in logistics
CMA CGM will open a new logistics R&D centre in Boston, focusing on advanced robotics and automation solutions, developed in collaboration with American technology partners.
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