CMA CGM to cut ocean rates for retail imports

As a good motion, against a scenery of inflation increase, CMA CGM has reported it is bringing down sea cargo rates to back the acquiring control of French households. It will present a €500 ($520.70) diminishment per holder on all imports for its major retailer clients in France and its abroad domains for a year from 1 August. The move takes after talks with the French government, said CMA CGM.