CMA CGM will carry on investing after 'solid' Q1, despite unclear outlook
CMA CGM’s shipping line was exactly in line with the average market growth in Q1, ...
DailyBreeze has posed an interesting question: was the port of Los Angeles right to shell out some $250,000 to attract CMA CGM’s behemoth, Benjamin Franklin, to visit the port first on its maiden voyage? LA officials say it was worth it, garnering at least $1m in publicity and turning a profit of $536,000 from the visit. Rival ports of Oakland and Long Beach did not pay for the ship’s visit and gained less publicity. However, as one expert notes in the article, ...
European port congestion now at five-to-six days, and getting worse
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