# CMA CGM triples profit as Q3 freight rates and cargo volumes rise - FreightWaves

> CMA CGM, the third-largest liner operator, reported third-quarter net profit of $2.32 billion, roughly triple the prior year. Revenue rose 31.1% to $18.4 billion, and carried volumes grew 5.5% to 6.5 million TEUs. Average revenue per TEU rose 30% to $1,891, while logistics earnings declined.

- Date: 2026-11-13 · published 2026-11-14T18:12:54.774Z
- Category: logistics · region Global · magnitude low
- Page: https://feedsoft.ai/events/99754-cma-cgm-triples-profit-as-q3-freight-rates-and-cargo-volumes-rise-freightwaves
- Commodities: [Ocean Grain Freight](https://feedsoft.ai/c/OCEANFRT.md)

## Why it matters

Higher container freight rates and rising volumes signal firm demand for ocean capacity, which raises the cost of shipping feed ingredients and grain by sea.

## Read by commodity

- OCEANFRT: bullish ▲

## Sources

- freightwaves.com: https://www.freightwaves.com/news/cma-cgm-triples-profit-as-q3-freight-rates-and-cargo-volumes-rise

---
Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.