CMA CGM to reduce shipping rates on French retail imports

CMA CGM

Container transportation and shipping firm CMA CGM is set to cut down shipping costs on imports into France and French overseas territories.

The company’s decision follows the French Government’s call for shipping and oil industries to share their profits to tame inflation.

France Finance Minister Bruno Le Maire has requested that both CMA CGM and TotalEnergy use a portion of their profits to help customers bear high inflation, Reuters reported earlier this week.

In response, CMA CGM has agreed to...

https://www.ship-technology.com/news/cma-cgm-shipping-french-imports/

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