Rate normalisation drags down CMA CGM’s third quarter financial results

The board of directors of the CMA CGM Group met on 10 November to evaluate its financial and operating results for the third quarter of 2023.

The French ocean carrier’s Q3 container volumes increased slightly by 0.9% compared to the same period last year, totalling 5.7 million TEUs.

“Volumes continued to grow on the North-South and short-sea lines, while further normalizing on the East-West lines, due to inventory drawdowns in the United States and more moderate household consumption in an...

https://container-news.com/rate-normalisation-drags-down-cma-cgms-third-quarter-financial-results/

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