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Home›News›Cost control will pull CMA CGM out of the red
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November 19, 2009 · about 17 years ago

Cost control will pull CMA CGM out of the red

Deepsea carrier CMA CGM is expecting to return to breakeven point by December, thanks to its cost-cutting efforts and a rebound in rates and volumes. The Marseille-based shipping line said: “The savings plan applied throughout all segments of the group, combined with increasingly firm volumes and ra

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Deepsea carrier CMA CGM is expecting to return to breakeven point by December, thanks to its cost-cutting efforts and a rebound in rates and volumes. The Marseille-based shipping line said: “The savings plan applied throughout all segments of the group, combined with increasingly firm volumes and rates, is already producing its initial effects.”

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