French Shipping Giant CMA CGM Announces $20 Billion U.S. Investment
Donald Trump and CMA CGM CEO Rodolphe Saadé reveal plans for significant expansion of American maritime and logistics infrastructure, creating 10,000 jobs.
- CMA CGM, the world's third-largest shipping company, will invest $20 billion in U.S. infrastructure over the next four years.
- The investment includes expanding container ports, increasing American-flagged ships, and developing a new air cargo hub in Chicago.
- The initiative is expected to create approximately 10,000 jobs across the United States, enhancing maritime and logistics operations.
- Donald Trump attributed the investment to his administration’s trade policies and emphasized its role in strengthening U.S. economic ties with CMA CGM.
- The company plans to collaborate with U.S. tech firms on robotics and automation through a new Boston-based R&D center.