12-05-2025
French Shipping Giant Hails US-China Deal After Freight Slumps
Rodolphe Saade, Chief Executive Officer of CMA CGM SA, the world's third-largest container carrier, hailed a truce in the trade war between Washington and Beijing.
'For CMA CGM, it's good news,' Saade said during a hearing in the French Senate on Monday. 'We've lost 50% of our volumes toward the US since the start of this crisis.'
