CMA CGM scheme trades carbon credits for early container returns

FRENCH shipping giant CMA CGM is launching a programme that will allow US customers to earn carbon credits for returning containers early, reports Ventura, California’s gCaptain. CMA CGM declared that the new programme, ‘TEU for Trees,’ will allow shippers to offset their carbon footprint and improve supply chain efficiency by boosting equipment availability. Under the scheme, importers will get 2.5 tons of carbon credits for containers returned during calendar days one through four. CMA CGM...

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