Comment / Logistics at CMA CGM – a carrier affair that cheers up Mærsk

Apple and mirror

By Alessandro Pasetti

13/11/2023

In its Q3 23 numbers, released as usual late on Friday when it’s calm and quiet and very few of us care about finance-related stuff, France’s CMA CGM notably argued that (emphasis in bold added):

“The stability of the logistics business, at a time of declining trade, reflects on one hand the slowdown in freight markets and on the other hand the strengthening of the service offering and the resilience of certain activities.”

(This may have something to do with the new ...

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Topics

AP Moller - Maersk Ceva Logistics CMA CGM Vertical consolidation charter rates Congestion indigestion Maersk Rates: the eternal tango TS Lines

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