L’Oréal may decide it’s not worth it after CMA CGM adapts Europe-LatAm service — Panjiva
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L’Oréal may decide it’s not worth it after CMA CGM adapts Europe-LatAm service

Chile 118 Cons. Discr. - Retailing 525 Consumer Staples 818 Corp - Shipping 1042 France 169 Germany 272 Mode - Containerized 1535 Mode - Seaborne 1853 Netherlands 36 U.S. 5418 United Kingdom 393

CMA CGM has revised its EUROSAL container shipping service from Europe to Latin America to exclude a call at Le Havre, France. The firm has cited “heavy congestion and lack of productivity have been experienced for months” which “is not expected to improve with the summer period” despite the earlier application of surcharges. While alternative routes to Latin America are available the shift could, for example, disrupt $6.5 billion of bilateral trade between Chile and the four European countries covered by the service. CMA CGM accounted for 10.4% of freight carr...

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