CMA CGM reports lower earnings amid market normalisation
NewsWeaker market impacts CMA CGM’s Q1 results, with a 7% decline in revenues and a more than 30% profit decrease compared to the strong Q1 performance of the previous year.
Spain’s rail track authority, ADIF, has awarded a concession to operate a freight terminal in Murcia to a joint venture consisting of MacAndrews, the CMACGM affiliate specialising in short sea shipping, and Spain’s Continental Rail. The contract is for five years.
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