A recent news article published in the MSN states that CMA CGM expects shipping slowdown after another strong quarter.
Weakening consumer spendingWeakening consumer spending is curbing shipping demand and freight rates, transport giant CMA CGM said on Friday as it reported another jump in quarterly profits.
French-based CMA CGM, one of the world’s largest container lines, reported a net profit of $7.6 billion for the second quarter, up from $3.5 billion in the year-earlier period and also...