29/05/2019at 17:44

CMA CGM raises cost efficiency target and rationalizes APL

CMA CGM now raises the target of the cost efficiency plan announced just a few months ago, and the French liner company will streamline its shipping operations, a move that will mean rationalizations at Singapore-based acquisition APL and ANL.

by DANIEL LOGAN

France's CMA CGM raises its cost reduction target in the efficiency plan announced in late March, according to an earnings update published Wednesday.

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