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Shipping Giant CMA CGM to Create 10,000 Jobs in US with $20B

President Donald Trump announced on March 6, 2025, that CMA CGM, a leading French shipping company, will invest $20 billion in the United States. This major investment aims to improve shipping logistics, build new terminals, and strengthen infrastructure over the next four years. The plan is expected to create 10,000 new jobs across the country, giving a big lift to American workers. Trump shared the news at the White House alongside CMA CGM’s CEO, Rodolphe Saadé, calling it a win for the nation’s economy and a step toward bringing shipping power back to the U.S.

The investment will focus on expanding CMA CGM’s operations in key U.S. ports like New York, Los Angeles, and Houston. The company also plans to grow its U.S.-flagged fleet from 10 to 30 ships and set up a new air cargo hub in Chicago using five Boeing 777 freighters. Saadé said this move will help American businesses and support trade by making shipping faster and stronger. For logistics companies, this could mean more work and better tools to move goods, though some wonder how it will play out with trade rules still shifting.

Trump tied this announcement to his bigger goal of reviving U.S. shipbuilding. He hinted at a new government program coming soon to build large ships and cut reliance on foreign-made vessels. With CMA CGM already moving over 5 million containers in and out of the U.S. each year, this investment builds on its 35-year history here. Logistics experts see it as a chance to grow jobs and fix supply chain gaps, but they’re keeping an eye on how it all unfolds with possible tariffs and global trade talks still up in the air.

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