Container shipping giant CMA CGM still earning over billion a quarter
2023-07-31 11:29

Container shipping giant CMA CGM still earning over billion a quarter

by John Kuiyaki
Container shipping giant CMA CGM still earning over billion a quarter

"The bad news for France’s CMA CGM, the world’s third-largest ocean carrier: Profits continue to slide. The good news: The company is still raking in over a billion a quarter, net profits and revenue per container are still well above pre-COVID levels, and it still has a huge cash cushion courtesy of its boomtime windfall." See the original story at Freight Waves.

Source: Freight Waves