New USTR port fees threaten shipping and global supply chains, says Cosco
With the US Trade Representative (USTR) set to impose port fees on Chinese shipping lines ...
“Forwarders trust us,” insisted Damien Mazaudier, CEO of CMA CGM Air Cargo. “The market is already convinced [of our neutrality].”
CMA’s airline last week announced the launch of its transpacific services, which it has wanted for some time. Mr Mazaudier explained that the delay was, in part, because of its commercial deal with AF-KLM, which has a partnership with Delta, triggering antitrust authorities to cap further movements in the US.
“In parallel, we did not have any more aircraft at that time. ...
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