CMA CGM Air Cargo falters, ‘temporarily’ suspends US operations

Capt. John

CMA CGM Air Cargo, the startup airline of French shipping giant CMA CGM, abruptly dumped logistics customers and stopped selling its own service in the US so it can lease the aircraft to other cargo airlines in an apparent effort to achieve profitability faster amid weakening market conditions, reports New York’s FreightWaves. Officials at the parent company confirmed that CMA CGM Air Cargo is no longer selling space to freight forwarders on its own cargo jets operating to Chicago and Atlanta...

https://www.seanews.com.tr/cma-cgm-air-cargo-falters-temporarily-suspends-us-operations/195306/

Leave a Comment