PUBLISHER: Freight News (www.freightnews.co.za)
Announcing its first-quarter results last week – which saw Ebitda down 30% – the CMA CGM Group described its performance as “robust” in the face of the macroeconomic and geopolitical environment that could continue to cause fluctuations in the transport and logistics market.
The French shipping major recorded revenue of $11.8 billion, driven largely by its maritime shipping business.