CMA CGM expects sharp decline in freight rates

The outlook for the container market looks somewhat more gloomy, estimates French CMA CGM. However, the container shipping company still recorded growth on top and bottom lines in Q3.
Photo: Andrew Vaughan/AP/Ritzau Scanpix
Photo: Andrew Vaughan/AP/Ritzau Scanpix

The container carriers’ time with large profits and sky-high freight rates is coming to an end.

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