News / CMA CGM looks to save $1 billion in costs after losses in a 'difficult' second quarter

05/09/2016

After posting a second-quarter net loss of $128m, French shipping line CMA CGM has drawn up a $1bn cost saving plan and announced delayed delivery of vessels under construction .

The “Agility” plan targets $1bn of cost savings over 18 months, which will see its network ...

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