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Home Icon > About Us > News > CMA CGM startles rivals by vowing to stop spot rate increases for coming five months

CMA CGM startles rivals by vowing to stop spot rate increases for coming five months

Previous container shipping cycles tended to end in vicious rate-cutting grabs for market share. In 2021, the most extraordinarily profitable year in liner history, rate topping rather than cutting is happening. France’s CMA CGM shocked fellow liners yesterday by announcing it will stop all spot rate increases through to the beginning of February. The liner …

WP_Post Object ( [ID] => 256255 [post_author] => 76 [post_date] => 2021-09-10 07:23:09 [post_date_gmt] => 2021-09-10 07:23:09 [post_content] =>

Previous container shipping cycles tended to end in vicious rate-cutting grabs for market share. In 2021, the most extraordinarily profitable year in liner history, rate topping rather than cutting is happening. France’s CMA CGM shocked fellow liners yesterday by announcing it will stop all spot rate increases through to the beginning of February. The liner …

[post_title] => CMA CGM startles rivals by vowing to stop spot rate increases for coming five months [post_excerpt] => Previous container shipping cycles tended to end in vicious rate-cutting grabs for market share. In 2021, the most extraordinarily profitable year in liner history, rate topping rather than cutting is happening. France’s CMA CGM shocked fellow liners y... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => cma-cgm-startles-rivals-by-vowing-to-stop-spot-rate-increases-for-coming-five-months [to_ping] => [pinged] => [post_modified] => 2021-09-10 08:43:09 [post_modified_gmt] => 2021-09-10 08:43:09 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=150930 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )