Fuel crisis drives hefty CMA CGM surcharges on India-Africa cargo
The increasing volatility of fuel prices is adding to logistics cost pressures for Indian exporters/importers. The ...
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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