CMA CGM pledges $20bn investment to boost US supply chains
French transport group CMA CGM is to plough $20bn into the US maritime economy to ...
China cannot be written off completely from supply chains, despite tension with the US and manufacturing shifts towards South-east Asia, according to CMA CGM’s chief commercial officer, Vikash Anand.
At the Sea Asia conference in Singapore today, Mr Vikash said: “If you look at the absolute terms of its (China’s) economy, it’s still positive. These shifts are really diversification more than anything else. Whether 10 years later, it’ll be different, we can’t say. But as of now, ...
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