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Rodolphe Saadé: "It's the law of supply and demand"

2021-07-30T16:18:53.416Z

INTERVIEW - The CEO of CMA CGM, the world's third largest shipowner, intends to create an airline which will be based in Roissy to speed up air freight.



LE FIGARO.

- At the start of the health crisis, experts expected a very sharp decline in world trade.

Finally, what is the situation today?

Rodolphe SAADÉ.

-

Unlike passenger transport, freight transport has not suffered because of the pandemic.

On the contrary, the volumes transported by boat have seen very strong growth: + 27% in the first half of 2021 compared to the same period in 2019, before the pandemic;

+ 37% if we compare to the first half of 2020. Consequently, there are traffic jams in the ports: in Los Angeles, the waiting time before unloading the goods is two to three weeks.

Read also:

Shipowners are taking full advantage of the maritime transport boom

What is the reason for this boom in maritime transport?

As consumers could no longer travel, go to the cinema or to a restaurant, they bought a lot of products (sofa, television, lawn mower, etc.).

This frenzy of consumption was supported by the aid granted by governments to their fellow citizens.

But a lot of these

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Source: lefigaro

All business articles on 2021-07-30

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