Comment / CMA CGM – the lurking predator

ID 2628755 © David Pang | Dreamstime.com

It’s busy days in Marseille.

All sorts of rumours concerning how CMA CGM managed a challenging Q3 23 have circulated, with most of them, as you may know, focusing on its 3PL arm, Ceva Logistics, and staff optimisation across various tiers of seniority.

Chief-in-command Rodolphe Saadé is understood to be “very cost-conscious” and also “fully aware” that the interims* already “show the full extent of a downturn” that is here to stay, Premium sources whisper.

(*For that matter, last year’s Q3 22 headline is, of ...