Trump Lands Massive $20 Billion Shipping Investment with 10,000 New Jobs

A major foreign shipping company is set to pour $20 billion into America’s maritime industry with full backing from President Trump. The historic investment aims to resurrect U.S. shipbuilding capabilities that have been dormant for decades.

More jobs, more investment, more sales. America’s going to be rich.

At a Glance

  • French shipping giant CMA CGM will invest $20 billion in U.S. maritime infrastructure over the next four years
  • The investment will create approximately 10,000 new American jobs
  • CMA CGM plans to triple its U.S.-flagged fleet from 10 to 30 vessels
  • President Trump strongly supports the initiative as part of his plan to revive American shipbuilding
  • New development will include expanded port capacities, a Chicago air cargo hub, and a Boston logistics research center

Historic Maritime Investment Coming to America

French shipping powerhouse CMA CGM Group has announced plans to invest a staggering $20 billion in the United States over the next four years, significantly bolstering America’s maritime transportation capabilities. The massive investment comes as President Donald Trump pushes to revitalize the nation’s once-dominant shipbuilding industry that has declined dramatically in recent decades.

Do Democrats have an excuse for why President Joe Biden couldn’t land deals like this?

CMA CGM, which already employs 15,000 Americans across 40 states, will create an additional 10,000 jobs through this expansion. The company currently handles over 5 million shipping containers to and from U.S. ports annually, making it a crucial player in American maritime commerce with a 35-year presence in the country.

Trump Backs Maritime Revival

President Trump has championed the investment as part of his broader vision to resurrect American shipbuilding prowess. During the announcement, Trump highlighted the stark decline of U.S. maritime manufacturing capabilities that once produced vessels at an impressive rate but has since virtually disappeared in favor of foreign builders.

“It’s so important because its about shipping, you know we lost our way for many years. We haven’t done anything. We used to build a ship per day and now we essentially don’t build ships. We’re going to start that,” President Donald Trump said.

The President now plans to sign Executive Orders establishing a White House Office of Shipbuilding and creating tax incentives designed to jumpstart domestic production of large vessels. These moves align perfectly with CMA CGM’s expansion plans, creating a powerful public-private partnership to restore American dominance in maritime manufacturing.

Massive Infrastructure Improvements Planned

CMA CGM’s investment will dramatically transform America’s shipping infrastructure through multiple major projects. The company plans to expand container port capacities in key coastal hubs including New York, Los Angeles, Houston, Miami, and Dutch Harbor. Additionally, a significant air cargo hub will be established in Chicago, further integrating America’s logistics capabilities.

“Over the next four years, we will significantly grow our U.S.-flagged fleet, expand the capacity of key container ports on both coasts, develop state-of-the-art warehousing across the country, and establish a significant air cargo hub in Chicago. This will create 10,000 new American jobs and further strengthen our partnership with American customers and public authorities,” CEO Rodolphe Saadé said.

Perhaps most exciting for the maritime industry is CMA CGM’s plan to triple its U.S.-flagged fleet from 10 vessels to 30. The company will also open a cutting-edge logistics research and development center in Boston, focusing on robotics and automation technologies that will keep America at the forefront of shipping innovation.

With new deals like this seemingly coming every week, it’s hard to imagine how successful and rich this country will be in even just a year’s time.

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