financetom
Business
financetom
/
Business
/
CMA CGM opens trans-Pacific route, orders additional Boeing cargo plane
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
CMA CGM opens trans-Pacific route, orders additional Boeing cargo plane
Apr 16, 2024 4:44 AM

PARIS, April 16 (Reuters) - Shipping giant CMA CGM's air

cargo branch will take delivery of two Boeing 777

Freighters later this year as it opens a new trans-Pacific route

and has ordered a fifth one for next year, it said on Tuesday.

The French group has been pushing to expand its reach in

logistics beyond maritime freight, supported by huge shipping

profits in the wake of the COVID-19 pandemic.

"The first aircraft, scheduled for delivery next June, will

allow operations on the trans-Pacific from the summer, in

anticipation of the high season. The second aircraft will be

delivered during the last quarter of 2024 and will also be

deployed on the transpacific," CMA CGM said in a statement.

The first B777-200F due to operate on the trans-Pacific

route will serve Hong Kong, Chicago, and Seoul airports while

the second will connect mainland China to North America, CMA CGM

said. The flights will be operated by Atlas Air.

CMA CGM AIR CARGO's fleet already includes two Boeing B777F

and three Airbus A330F planes.

The company is due to take delivery of another B777-200F in

the first quarter of 2025.

With the delivery of eight Airbus A350F from 2026, the

company's fleet will include 16 cargo planes.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
This sustainable jewellery brand is luring some women away from gold
This sustainable jewellery brand is luring some women away from gold
Oct 30, 2023
Aulerth's offerings range from ₹5,000 to as high as ₹2.8 lakh. Are women willing to spend this much on jewellery made from scrap? Founder and CEO Vivek Ramabhadran definitely believes so. Aulerth produces couture-inspired pieces in association with designers like JJ Valaya, Suneet Varma, among others. It has reported 33% repeat customers in the past year and expects a spike to 40% soon.
SJVN secures 200-MW wind power project at ₹3.24 per unit
SJVN secures 200-MW wind power project at ₹3.24 per unit
Nov 16, 2023
Projected to generate 482 million units in its inaugural year post-commissioning, the cumulative energy generation over a 25-year span is anticipated to reach 12,050 million units. Shares of SJVN Ltd ended at ₹75.17, down by ₹0.50, or 0.66%, on the BSE.
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Suzlon's S144–3 MW wind turbines get big boost from Indian government
Nov 15, 2023
Th Suzlon wind turbines received the RLMM (Revised List of Models & Manufacturers) listing from the Ministry of New and Renewable Energy, marking an important milestone for the successful commercialisation of the product. Shares of Suzlon Energy Ltd ended at ₹40.49, up by ₹1.85, or 4.79%, on the BSE.
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Tata Power Renewable Energy wins 200-MW project in collaboration with SJVN
Nov 28, 2023
The firm and dispatchable renewable energy (FDRE) project, designed with a hybrid of solar, wind, and battery storage, is aimed at providing a stable and dispatchable energy supply during peak hours. Shares of Tata Power Company Ltd ended at ₹270.75, up by ₹12.60, or 4.88%, on the BSE.
Copyright 2023-2026 - www.financetom.com All Rights Reserved