Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
With third-quarter revenues of $15.32bn, up some 90% on a year earlier, it will come as little surprise that CMA CGM has decided to buy aircraft (along with a rail operator and investment in several port terminals).
The decision to buy four A350 freighters, which will not be delivered until after 2025, comes alongside the decision to create a ‘real’ airline and register the aircraft in France.
Currently, CMA CGM’s four A330-200Fs are operated by Air Belgium, but the shipping giant is ...
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