CMA CGM plans to pour $20 billion into US maritime sector in next four years

French shipping and logistics major CMA CGM has decided to invest $20 billion over the next four years to strengthen the U.S. maritime transport and logistics, boosting the maritime economy and fostering shipbuilding capabilities.

According to CMA CGM, this “significant investment” strengthens its maritime transport and logistics partnership with the U.S., supporting the economy, boosting exports, and creating 10,000 new jobs.

CMA CGM has been present in the U.S. for 35 years, operating in 40 states, owning container shipping company American President