CMA CGM posts 'solid' 2024 results, but sees choppy waters ahead
CMA CGM Group posted 2024 results broadly similar to those of AP Møller Maersk (APMM), ...
Middle East forwarder Aramex believes its growing e-commerce business is behind its increased profitability.
The company saw net profit grow 26% in the second quarter, while the first-half net profit was up 20%, to AED225.7m ($61.4m) on the back of a 7% rise in revenues to AED2.4bn.
Its international express business grew 10% in the first half to AED1.02bn, thanks to “strong growth in cross-border e-commerce across most regions,” it said.
Domestic express grew 8% to AED527m and freight forwarding edged up 2% to AED579m, owing to a ...
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