CMA-CGM Spreads Eagle GO’s Wings Further After 34x Growth Success — Panjiva
Más

Panjiva_research_logo

CMA-CGM Spreads Eagle GO’s Wings Further After 34x Growth Success

Corp - Ports 661 Corp - Shipping 608 Mode - Containerized 1005 Mode - Seaborne 1273 U.S. 3297

CMA-CGM will extend the Eagle GO container-line service offered by its subsidiary APL to all U.S.-inbound routes from Asia and the Middle East. The use of such premium priced, guaranteed services is an increasing part of container-line strategies for growth. The success of the initial service from four ports to Los Angeles can be seen in the 34% growth in volumes seen on the routes in the third quarter vs. a year earlier compared to just 1% for all its other Asia-to-U.S. routes. Extending the service will bring it into deeper competition with Maersk (13% of non-Eagle GO routes from Asia ...

PANJIVA RESEARCH is a service provided by Panjiva, Inc. ("Panjiva") to relevant global subscribers, and are deemed to be Panjiva "Services" subject to the Panjiva Terms & Conditions of Use. Information contained within or made available via the Services is for informational purposes only and nothing in the Services shall constitute or be construed as an offering of financial instruments, or as investment advice or recommendations by Panjiva, Inc. or its affiliates of an investment strategy or whether to "buy", "sell" or "hold" an investment. The Services may include views and commentary about customers of Panjiva. No aspect of the Services is based on consideration of your individual circumstances, and you should determine on your own whether you agree with the information contained within or made available via the Services. Employees involved in Panjiva Research may hold positions in securities analyzed or discussed in the Services. Panjiva does not make any express or implied warranties, representations, endorsements or conditions with respect to the Services and the information contained within or made available via the Services, including without limitation, warranties as to the usefulness, completeness, accuracy, currentness, reliability or sufficiency of any information (including, without limitation, conclusions, statements, opinions, estimates, forecasts or projections of any kind) and expressly disclaims any implied warranties. Neither this disclaimer nor any of its contents may be forwarded or redistributed without the prior written consent of Panjiva. © 2019 Panjiva, Inc. All Rights Reserved.