News / Assets sale boosts CMA CGM in Q1: 'market conditions are poor but profits are up'

CMA CGM's tower, and Ceva's new home Photo: Christian Richters/ Zaha Hadid

08/06/2020

CMA CGM moved back into the black in the first quarter, thanks to the sale of terminals, and the carrier remains bullish about the outlook despite the impact of Covid-19 on its liftings.

The French transport and logistics group recorded a $48m net profit for Q1, ...

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