Over the next few years, we continued with a very active acquisition policy, including that of Australian National Line, allowing us to open up new routes towards the Asia Pacific region. In , we also acquired NOL, the biggest shipping company listed on the Singapore stock exchange.
To better serve our clients, we redoubled our efforts by enhancing our equipment and infrastructure. In the late s, we started to invest in our own port terminals in order to guarantee the quality and safety of our crews and goods. Larger, more environmentally friendly and more technologically advanced new vessels joined our fleet. That same year, we obtained ISO certification as a result of our innovative investments in ecological containers and ships equipped with the latest technologies and innovations to help protect the environment.
In the early s, we identified intermodal transportation as a new way of ensuring even greater satisfaction of our clients and their own clients, offering numerous tangible benefits such as saving time, greater flexibility and simplicity. In , car trains transported up to containers between Le Havre and Marseille, where they were loaded for immediate departure to Algeria.
We also created CCIS, a new entity dedicated to developing land transportation solutions. In , we took care of the management of a logistics platform in Cuba in cooperation with a local company and obtained the concession for the Kribi and Kingston container terminals. A new logistics platform was opened in Douala, Cameroon. The building was designed by Iraq-born British architect Zaha Hadid, the first woman to win the prestigious Pritzker Prize. The spectacular meter metallic arc is the tallest skyscraper in Marseille.
In keeping with developments in digital technology and the acceleration of international trade, a new phase began. The priorities were clear: inventing a new client experience based on innovation and digitalization, continuing to develop logistics and intermodal transportation, and putting ourselves at the cutting edge of the energy transition in the shipping industry.
We also interconnected our systems in order to exchange reliable information with clients in real time and adapt to their needs as best possible. We continue to innovate, now and always. Since its establishment in , the CMA CGM Group has continued to grow, drawing its strength from its family dimension, from a long-term strategic vision and from the expertise of its teams driven by a common passion. In keeping with our history and with our culture, we are driven by the values that unite us.
Today, we are reaffirming these values to continue our development and achieve our ambitions. With its global presence, along with the key role it plays in driving the global economy, the CMA CGM Group and all its employees must lead by example. That means upholding the highest standards in their daily tasks as well as in the strategic decisions they make. As a leader in our industry, we owe it to ourselves to engage in a perpetual quest for excellence at every level of our organization.
One that ranges from operational excellence all the way to excellence in environmental protection, as well as achieving excellence in interactions with our customers, our suppliers and our staff members. It sets a standard for everyone and is an objective for our Group. In a fast-moving world that poses multiple challenges, the ability to challenge and reinvent oneself, and to think outside the box, is crucial if our Group is to keep growing in a sustained manner. It is inherent to our entrepreneurial mindset and to our passion for development.
CMA CGM has joined the gray pool in Memphis, a win for those advocating for truckers to use any chassis for any container to eliminate chassis splits and other inefficiencies that cost shippers money.
Evergreen, Kontainers inject more momentum into online freight rates. New carrier, terminal members boost CargoSmart data-sharing effort. The addition of the new members in the Global Shipping Business Network will stoke competition in the race to develop platforms that link carriers, shippers, ports, terminals, customs authorities, and banks.
Reefer surcharges rocket due to Chinese port plug scarcity. US exporters of refrigerated reefer cargo are facing costly delays in China and equipment shortages in the United States due to extended factory closures and limitations on worker movement caused by the coronavirus outbreak. Carriers skipping congested Le Havre amid French longshore strike. A strike by French dockworkers this week is causing severe disruption to carrier schedules as port calls to Le Havre and Marseilles-Fos are cut.
Shippers and non-vessel-operating carriers are now seeing electronic quotes on par with those offered through long-term contracts, a clear signal that certain container lines see instant quoting as a key part of their future strategies. TPM21 Podcast: Intermodal predictions and a new era of partnership. TPM21 Podcast: How exposure to supply chain realities jolted business, consumer behaviors. More Podcasts. More on JOC. LA-LB to keep anchored container ships farther off coast. Port News.
BNSF Railway.
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