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 Group posted 2024 results broadly similar to those of AP Møller Maersk (APMM), but warned of a difficult year to come.
As usual, however, the French shipping group, which has now integrated Bolloré Logistics into its Ceva subsidiary, did not provide full transparency into its numbers.
CMA said the results were “solid”, with revenues up 18%, to $55.5bn – the same as rival APMM. Ebitda was up 49%, to $13.4bn, pipping Maersk’s $12.1bn. But while net profit rose some ...
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