With a presence in 160 countries through 400 offices, 750 warehouses, 130,000 employees and a wide fleet of 566 vessels, CMA CGM serves 420 of the world’s 521 commercial ports and operates 257 shipping lines.
Correspondingly, What is CMA in shipping terms? The name is an acronym of two predecessor companies, Compagnie Maritime d’Affrètement (CMA) and Compagnie Générale Maritime (CGM), which translate as « Maritime Freighting Company » and « General Maritime Company ».
Did CMA buy APL? Ocean carrier CMA CGM will acquire Neptune Orient Lines, the parent of APL, in an all cash deal worth about $2.4 billion, according to a joint statement from the companies.
Furthermore, How many shipping lines does CMA CGM own?
With a presence in 160 countries through 755 offices, 750 warehouses, 110,000 employees and a wide fleet of 566 vessels, CMA CGM serves 420 of the world’s 521 commercial ports and operates 285 shipping lines.
What type of company is CMA CGM?
CMA CGM General Information
The company manages a fleet of vessels and provides container supply chain and fleet management services including maritime, inland solutions, air cargo, RORO as well as dry and refrigerated cargo solutions, enabling clients with cross-border logistic services.
Where is CMA CGM based? CMA CGM S.A., headquartered in France, is a leading worldwide shipping group, whose various subsidiaries operate on 200 shipping routes between 420 ports in 150 different countries, ranking it fourth behind Maersk Line, MSC and COSCO. Its North American headquarters are in Norfolk, Virginia, United States.
Does CMA CGM own APL? American President Lines, LLC (APL) is a subsidiary of the CMA CGM Group, a world leader in shipping and logistics. Since WWI, APL has been a trusted partner to the U.S. Government for ocean transportation and in-country logistics.
Is APL under CMA CGM? APL’s flagship Eagle Express X (EXX) and its extended services EXX RailFlash and EXX X-Location will be operated through the CMA CGM brand. In addition to running APL’s flagship services, CMA CGM will offer over 20 services on the transpacific, providing coverage from Asia to the US East and West Coasts.
Who bought Neptune Orient Lines?
Neptune Orient Lines
| Type | Subsidiary |
|---|---|
| Founded | 30 December 1968 |
| Founder | Muhammad Jalaluddin Sayeed |
| Defunct | 1 October 2020 |
| Fate | Acquired by CMA CGM |
How many employees does CMA CGM have? With nearly 25,000 employees, 64 offices around the globe, and 428 ships calling at 150 ports and operating on 170 lanes, CMA CGM Group is uniquely positioned to meet their customers’ shipping needs.
Is CMA CGM a shipping line?
CMA CGM UK Shipping Agency
CMA CGM (UK) Agency is part of the CMA CGM Group, a Worldwide Shipping Company founded in Marseille, France in 1978 by Jacques Saade. It was established in 1990 and is committed to providing expert services to all its customers.
When did CMA buy APL? The French ocean carrier turned a profit in 2017, partly due to its acquisition of APL in mid-2016, and expects volumes to continue to hold strong this year.
What is an APL ship?
APL, formerly called American President Lines Ltd., is a Singapore-based container shipping company that is a subsidiary of French shipping company CMA CGM. It operates an all-container ship fleet, including 153 container vessels.
Why NOL was sold?
NOL was sold to the French company in June 2016, after years of trying to adapt to the changing environment. Led by former Lieutenant General and Chief of Armed Forces, Ng Yat Chung, NOL saw losses rising to US$460 million, while its debts grew more than US$4 billion.
Which company bought NOL? A sale would help CMA CGM, the world’s third-biggest container shipping company, cut debt after its December offer to acquire NOL for S$3.38 billion amid a glut of capacity, declining demand and lower rates.
In which year did CMA CGM cross the Suez Canal for the first time? As soon as 1983, the VILLE DE SAHARA became the first CMA vessel to cross the Suez Canal, paving the way towards the Orient. This was followed in 1986 by the launch of a line linking Northern Europe to the Far-East.
What priorities are part of the CMA CGM Group CSR policy?
The Group’s policy is based on three strategic pillars: “Acting for people, acting for planet, acting for responsible trade” and on concrete and measurable targets.
Who owns APL shipping? APL is part of the CMA CGM Group, a world leader in shipping and logistics, founded in 1978 by the late Jacques R. Saadé. CMA CGM Group is now led by Rodolphe Saadé. Its 489 vessels serve more than 420 ports worldwide.
Who owns APL Maritime?
APL is part of the CMA CGM Group, a world leader in shipping and logistics, founded in 1978 by the late Jacques R. Saadé. CMA CGM Group is now led by Rodolphe Saadé. Its 489 vessels serve more than 420 ports worldwide.
How many employees does APL Logistics have? As a global supply chain specialist, APL Logistics trades in more than 60 countries, serving the automotive, consumer, industrials, and retail verticals.
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APL Logistics Ltd. (APLL) is a wholly owned subsidiary of Kintetsu World Express, Inc.
| Formerly | American Consolidation Services |
|---|---|
| Number of employees | 7,000 |
Who started APL?
Based in Los Angeles, APL (Athletic Propulsion Labs®) was founded in March 2009, by then 22 year-old identical twins Adam and Ryan Goldston.
