CEVA Logistics, a subsidiary of the CMA CGM Group, announced the successful closing of its acquisition of Turkey’s leading domestic logistics firm, Borusan Tedarik Zinciri Çözümleri ve Teknoloji Şirketi (Borusan Lojistik), for $383 million.

#cevalogistics #cmacgmgroup #borusanlojistik #india #middleeast #europecorridor

CEVA Logistics completes $383 million acquisition of Borusan Lojistik
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CEVA Logistics completes $383 million acquisition of Borusan Lojistik

The purchase of 100% of the Borusan entity, which was originally announced on April 26, positions CEVA as a dominant player.

CMA CGM Group reported a 43 percent increase in net income at $1.1 billion for the first quarter of 2025 on 12 percent increase in revenue at $13.3 billion, driven mostly by the Group’s maritime shipping business.

#cmacgmgroup #cmacgm #q12025 #shippingbusiness #shipping #maritime

CMA CGM Q12025 net income up 43%
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CMA CGM Q12025 net income up 43%

Consolidated revenue from maritime shipping operations increased 11.5% to $8.8 billion.

CEVA Logistics, a subsidiary of the CMA CGM Group, signed a binding agreement to acquire 100 percent of Borusan Tedarik Zinciri Çözümleri ve Teknoloji Anonim Şirketi to expand operations in Türkiye.

#cevalogistics #cmacgmgroup #logistics #borusantedarik #turkiye #finishedvehiclelogistics

CEVA signs $440 million deal to buy Borusan Tedarik, expand in Türkiye
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CEVA signs $440 million deal to buy Borusan Tedarik, expand in Türkiye

Borusan Tedarik offers solutions including contract logistics, finished vehicle logistics (FVL), FTL and LTL.

CMA CGM Group is planning to invest $1 billion for new air cargo in the U.S. as part of the proposed $20 billion investment spread over four years.

#cmacgmaircargo #cmacgmgroup #boeing #chicago #aircargo #aircraft #b777f

CMA CGM Group to invest $1bn for new air cargo hub in Chicago
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CMA CGM Group to invest $1bn for new air cargo hub in Chicago

The Group will deploy five new Boeing 777 freighters to be operated by American pilots.

CMA CGM Group announced a $20 billion investment to contribute to the U.S. maritime economy and support the transformation of America’s domestic supply chain over the next four years.

#cmacgmgroup #america #us #cmacgmaircargo #americanpresidentlines #apl #chicago #shipping #shipbuilding

CMA CGM Group plans $20 billion investment in U.S. over four years
www.itln.in

CMA CGM Group plans $20 billion investment in U.S. over four years

Commitment will foster U.S. shipbuilding capabilities, expand port infrastructure and grow logistics networks.