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OverviewAPI
CMA CGM, the French transport and logistics group, faced an anticipated Q4 loss of $900,000 following a substantial decline in freight rates. Despite a 6.8% increase in shipping volume, revenue plummeted by 47%. The company's full-year net profit stood at $3.64bn amidst a challenging global economic landscape, with a focus on future global trade growth and investments in port infrastructure.

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