CMA CGM posts strong first quarter as it adapts to more complex market environment
- Box volumes increased by 4.2% year on year attributed to sustained global trade and demand
- Trade barriers combined with destabilising geopolitical conflicts are disrupting supply chains
- Average revenue per teu increased by 7.7% year on year, but was down on previous quarter
CMA CGM Group chief Rodolphe Saadé said the company would control costs and strengthen its positions in growth markets, as the outlook for the rest of the year remained uncertain
