FRENCH shipping giant CMA CGM reported a six-fold surge in group net profit to US$2.7 billion in the third quarter, as revenue increased by more the one-third on stronger container pricing power and the front-loading of US imports. The world’s third-largest operator of containerships said it benefited from an early peak season with volumes carried on major shipping routes remaining ‘very high’ over the third quarter. The Marseille-based shipping and logistics group’s total revenue jumped 38.5...
https://www.seanews.com.tr/cma-cgm-profits-soar-on-higher-pricing-and-early-peak-season/201728/