CMA CGM's net profit increased by approximately 48% to $770 million. Revenue from its container shipping division surged by 22% to nearly $10 billion, with an average revenue of $1,575 per twenty-foot equivalent unit (TEU), a year-over-year increase of 15.1%. Ramon Fernandez, the company's CFO, stated that supply chain uncertainty, driven by geopolitical conflicts, has prompted companies to engage in precautionary stockpiling, a trend expected to continue into the third quarter. Additionally, a significant increase in cargo volumes on trans-Pacific trade lanes, fueled by a rebound in demand from US importers for Chinese exports, also contributed to the performance growth. The company also completed the $1.4 billion acquisition of FedEx's contract logistics business to expand its logistics footprint in the United States.