Skip to content
Search AI Powered

Latest Stories

CMA CGM Group expands U.S. presence

French shipping giant to expand operations in Hampton Roads and establish a startup incubator and accelerator for logistics-industry projects.

CMA CGM Group expands U.S. presence with investments in Virginia

French shipping and logistics firm CMA CGM Group said this week it will enhance its presence in the United States with expanded operations in Virginia, including a U.S. branch of the company’s industry innovation accelerator program called Zebox.

CMA CGM began its U.S. operations in 1997, with headquarters in Norfolk, Va. The company employs 12,000 people across the U.S. and calls on 19 U.S. ports. The expansion program includes a $36 million investment to expand operations in Hampton Roads, reinforce its headquarters in Norfolk, and establish the American hub for Zebox in Arlington County, Va., the company said. 


Zebox will work with industry partners and startups to develop innovative transportation, logistics, mobilities, and industry 4.0 projects. 

“Virginia was selected following a competitive site-selection search that included competing markets in other states,” according to company leaders and local government officials. “It will become an essential place where entrepreneurs from all over the world meet and work on building tomorrow’s innovations.”

The Latest

More Stories

aerial photo of port of miami

East and Gulf coast strike averted with 11th-hour agreement

Shippers today are praising an 11th-hour contract agreement that has averted the threat of a strike by dockworkers at East and Gulf coast ports that could have frozen container imports and exports as soon as January 16.

The agreement came late last night between the International Longshoremen’s Association (ILA) representing some 45,000 workers and the United States Maritime Alliance (USMX) that includes the operators of port facilities up and down the coast.

Keep ReadingShow less

Featured

Logistics industry growth slowed in December
Logistics Managers' Index

Logistics industry growth slowed in December

Logistics industry growth slowed in December due to a seasonal wind-down of inventory and following one of the busiest holiday shopping seasons on record, according to the latest Logistics Managers’ Index (LMI) report, released this week.

The monthly LMI was 57.3 in December, down more than a percentage point from November’s reading of 58.4. Despite the slowdown, economic activity across the industry continued to expand, as an LMI reading above 50 indicates growth and a reading below 50 indicates contraction.

Keep ReadingShow less
pie chart of business challenges

DHL: small businesses wary of uncertain times in 2025

As U.S. small and medium-sized enterprises (SMEs) face an uncertain business landscape in 2025, a substantial majority (67%) expect positive growth in the new year compared to 2024, according to a survey from DHL.

However, the survey also showed that businesses could face a rocky road to reach that goal, as they navigate a complex environment of regulatory/policy shifts and global market volatility. Both those issues were cited as top challenges by 36% of respondents, followed by staffing/talent retention (11%) and digital threats and cyber attacks (2%).

Keep ReadingShow less
forklifts in warehouse

Demand for warehouse space cooled off slightly in fourth quarter

The overall national industrial real estate vacancy rate edged higher in the fourth quarter, although it still remains well below pre-pandemic levels, according to an analysis by Cushman & Wakefield.

Vacancy rates shrunk during the pandemic to historically low levels as e-commerce sales—and demand for warehouse space—boomed in response to massive numbers of people working and living from home. That frantic pace is now cooling off but real estate demand remains elevated from a long-term perspective.

Keep ReadingShow less
worker using sensors on rooftop infrastructure

Sick and Endress+Hauser say joint venture will enable decarbonization

The German sensor technology provider Sick GmbH has launched a joint venture with the Swiss measurement technology specialist Endress+Hauser to produce and market a new set of process automation solutions for enabling decarbonization.

Under terms of the deal, Sick and Endress+Hauser will each hold 50% of a joint venture called "Endress+Hauser SICK GmbH+Co. KG," which will strengthen the development and production of analyzer and gas flow meter technologies. According to Sick, its gas flow meters make it possible to switch to low-emission and non-fossil energy sources, for example, and the process analyzers allow reliable monitoring of emissions.

Keep ReadingShow less