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 115 Cons. Discr. - Retailing 517 Consumer Staples 805 Corp - Shipping 1026 France 167 Germany 267 Mode - Containerized 1524 Mode - Seaborne 1845 Netherlands 35 U.S. 5399 United Kingdom 389

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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