#Latest news with #container_lineBloomberg16-05-2025BusinessBloombergShipping Giant CMA CGM Sees Cargo Jump After China Tariff ReliefBy Takeaways NEW Shipping giant CMA CGM SA is experiencing a sharp upswing in demand for freight transport out of China in a further signal that trade is rebounding after Beijing reached a temporary truce with the US to lower tariffs. The world's third-largest container line controlled by billionaire Rodolphe Saadé and his family said the surge started after a 90-day reduction in levies was announced earlier this week.
Bloomberg16-05-2025BusinessBloombergShipping Giant CMA CGM Sees Cargo Jump After China Tariff ReliefBy Takeaways NEW Shipping giant CMA CGM SA is experiencing a sharp upswing in demand for freight transport out of China in a further signal that trade is rebounding after Beijing reached a temporary truce with the US to lower tariffs. The world's third-largest container line controlled by billionaire Rodolphe Saadé and his family said the surge started after a 90-day reduction in levies was announced earlier this week.