True, and that would be years off. However, note that the $20 billion isn’t for that. It is for “expansion of container ports and the creation of an air cargo hub in Chicago”
DB2
Need more details, but it still feels to me like smoke and mirrors. You should at least consider that possibility.
Thursday’s announcement is less than it appears if CMA CGM simply includes the three Boeing 777s it has already paid for in the Chicago-based fleet. That’s the approach many companies and countries take to placate Trump and ease his demands. Canada, for example, recently committed to more border security measures to stop the small amount of fentanyl entering the United States, but it was essentially the same deal officials made with the outgoing Biden administration. And, as The Wall Street Journal has reported, CMA CGM was already planning to spend hundreds of millions of dollars upgrading several U.S. port terminals it leases to improve container capacity. Ocean carrier CMA CGM commits $1B for US air cargo operation - FreightWaves
SOP in the trump era is to repackage old stuff to give trump credit. More PR than substance.
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