Spot rates on transpacific surge after news of tariff time-out
Container freight spot rates shot up on the transpacific trades this week, with an immediate ...
CMA CGM has announced that from 1 January, it will merge its shortsea subsidiaries, MacAndrews and OPDR, as MacAndrews.
MacAndrews was acquired by CMA CGM in 2002, while the 1882-founded Oldenburg-Portugiesische Dampfschiffs-Rhederei (OPDR) was purchased by the French carrier in 2015.
“The union between two companies specialising in intra-European transport enables the CMA CGM group to strengthen its multimodal offer in Europe, said CMA CGM.
The carrier claimed that thanks to the “complementarity of the geographical zones” covered by MacAndrews and OPDR, the merger would ...
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