CMA CGM back to the black in 2010
French line CMA CGM, owner of Australia's ANL, has reaffirmed that it expects to return to the black in 2010, with some trade routes already back in profit.
Stacking up: CMA CGM plans to be back in the black early next year (Photo: Dale Crisp)
CMA CGM said yesterday that the savings plan applied across the group, combined with improvement in both cargo volumes and freight rates, had already begun to bolster the bottom line.
The group said it was closing secondary lines to concentrate volumes,...
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