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 103 Cons. Discr. - Retailing 470 Consumer Staples 762 Corp - Shipping 978 France 154 Germany 244 Mode - Containerized 1471 Mode - Seaborne 1803 Netherlands 25 U.S. 5321 United Kingdom 370

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 carried to Chile from Europe on...

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