CMA CGM pledges $20bn investment to boost US supply chains
French transport group CMA CGM is to plough $20bn into the US maritime economy to ...
Anyone hoping to see how CMA CGM’s airline is faring via the group’s 2023 financial results released on Friday, will be disappointed.
Because, as before – and as with Maersk – the French shipping group files its airline results under “Other”, which also includes terminals and “other investments”.
Internal sources have admitted that CMA’s airline had a tough year last year. The ‘Other’ category reveals revenues rose more than 10%, to $2bn, up from $1.86bn. However, ebitda fell more than 47%, to ...
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