CMA CGM Highlights Last Mile Strategy in 2017 Financials


CMA CGM Group has announced in its financial results that it is implementing a strategy to extend its service and take advantage of the positive container volume momentums that have run over from 2017.

The world’s third largest carrier stated that it should continue to benefit from this trend due to its “worldwide presence”, which would be supported by a portfolio of brands covering the East-West, North-South and intra-regional trades.

CMA CGM added that it would “actively pursue” this by strengthening its offerings, stating that it would launch a new customer approach “supplementing its shipping services with inland and logistics offerings”.

The carrier's financials show that its growth in transported volumes increased by 21%, helping it secure a revenue of more than US$ 21 billion, a sharp increase of +32%.

In a recent announcement, CMA CGM revealed that it was setting up a new multi-temperature logistics facility at DP World London Gateway to venture into providing a comprehensive logistics service that includes last-mile delivery.


CMA CGM Financial Results:


Upon the publication of its 2017 annual results (pictured above), Rodolphe Saadé, Chairman and CEO of the CMA CGM Group, commented:

“The Group has recorded an excellent performance in 2017, showing once again the relevance of its strategy and its operational discipline.

“Quarter after quarter, CMA CGM demonstrates its ability to outperform its peers and these annual results confirm our Group’s position as a leading player in the container shipping industry.

“In 2017, we launched several strategic projects fostering our development for the years to come, notably in the digitization of our industry.

“Driven by its strategic vision, the expertise of its 30,000 staff members and its financial strength, the Group is pursuing its development with confidence and determination, as it has for the past 40 years.”

Read more: A.P. Moller – Maersk’s 2017 financial results have revealed that it made US$ 356 million in underlying profit for its continuing operations

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