Forwarders trust us to be independent, says CMA CGM Air chief Mazaudier
“Forwarders trust us,” insisted Damien Mazaudier, CEO of CMA CGM Air Cargo. “The market is ...
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
BA: WIND OF CHANGEMAERSK: BULLISH CALLXPO: HEDGE FUNDS ENGINEF: CHOPPING BOARDWTC: NEW RECORDZIM: BALANCE SHEET IN CHECKZIM: SURGING TGT: INVENTORY WATCHTGT: BIG EARNINGS MISSWMT: GENERAL MERCHANDISEWMT: AUTOMATIONWMT: MARGINS AND INVENTORYWMT: ECOMM LOSSESWMT: ECOMM BOOMWMT: RESILIENCEWMT: INVENTORY WATCH
Great story from Eric Kulisch at Freightwaves, on CMA CGM Air Cargo pulling its own US services to lease its aircraft to other carriers as the market sinks: it is no longer selling space between Europe and Chicago and Atlanta. Is it lack of experience and fear of the downturn? CMA has picked executives from its maritime side to run the airline, which it has insisted to The Loadstar, is managed by the shipping line group, and not Air France-KLM, with which it has done a deal.
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