CMA CGM to Lower Some French Shipping Rates to Curb Inflation

June 30, 2022

© eyewave / Adobe Stock
© eyewave / Adobe Stock

Shipping giant CMA CGM said on Thursday it would reduce container shipping rates for some common consumer products imported in France to support government steps to curb inflation.

The group will from Aug. 1 reduced shipping rates by 500 euros ($520.10) per 40-foot container for consumer products imported by retailer customers in France, CMA CGM said in a statement.


($1 = 0.9614 euros)

(Reuters - Reporting by Gus Trompiz and Tassilo Hummel, Editing by Sybille de La Hamaide)

Logistics News

Shiploader Collapses at Brazil's Recife Port

Shiploader Collapses at Brazil's Recife Port

Corpus Christi Crude Oil Exports Up 6.9% in Q1

Corpus Christi Crude Oil Exports Up 6.9% in Q1

Simulators Track our Changing Relationship with Technology

Simulators Track our Changing Relationship with Technology

Port Houston Surpasses One Million TEU Mark in First Quarter

Port Houston Surpasses One Million TEU Mark in First Quarter

Subscribe for Maritime Logistics Professional E‑News