CMA CGM has reported its first profit in three quarters on the back of its cost cutting effort and increased volumes.
The French liner giant made $2.2m in the second quarter, marking a turnaround from the $43m loss seen in the preceding quarter.
French liner giant says cost cutting effort has trimmed operational expenses by $51 per TEU
CMA CGM has reported its first profit in three quarters on the back of its cost cutting effort and increased volumes.
The French liner giant made $2.2m in the second quarter, marking a turnaround from the $43m loss seen in the preceding quarter.