CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge
Published . Updated .
Key takeaways
- French shipping giant CMA CGM more than tripled its third-quarter net profit as higher container freight rates and strong cargo volumes boosted earnings amid ongoing disruptions to global shipping routes...
- Exposed: BWET, IYT, ZIM, MATX, DAC
- Market reaction: BWET +5.3% on the day (still updating); IYT +0.3% on the day (still updating); MATX −1.7% on the day (still updating)
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French shipping giant CMA CGM more than tripled its third-quarter net profit as higher container freight rates and strong cargo volumes boosted earnings amid ongoing disruptions to global shipping routes...
Directly affected
- No company is named in this report.
Indirectly affected
- BWET Breakwave Tanker Shipping ETF-3.3% 17d
Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story.
- IYT iShares U.S. Transportation ETF
iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story.
- EWQ iShares MSCI France ETF-0.5% 6d
iShares MSCI France ETF holds stocks listed in France, which this story is about (“french”).
- BWX SPDR Bloomberg International Treasury Bond ETF
SPDR Bloomberg International Treasury Bond ETF holds government bonds outside the US, which react to inflation and interest-rate news like this one in France
- EFA iShares MSCI EAFE ETF-0.7% 6d
iShares MSCI EAFE ETF is a broad fund of developed-market stocks that includes France
- ZIM ZIM Integrated Shipping Services+1.8% 30d
ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
- MATX Matson-3.2% 13d
Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
- KEX Kirby-7.3% 30d
Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story.
Price reaction, T-5 to T+3
| Ticker | T-5 | T-3 | T-1 | T0 | T+1 | T+2 | T+3 |
|---|---|---|---|---|---|---|---|
| BWET | +16.99% | -9.44% | base | +5.27% | after close | after close | after close |
| IYT | -3.11% | +0.31% | base | +0.28% | after close | after close | after close |
| EWQNo price data for this ticker | — | — | — | — | — | — | — |
| BWXNo price data for this ticker | — | — | — | — | — | — | — |
| EFANo price data for this ticker | — | — | — | — | — | — | — |
| ZIM | -4.43% | -3.95% | base | -0.05% | after close | after close | after close |
| MATX | -0.66% | -2.89% | base | -1.66% | after close | after close | after close |
| KEX | -5.74% | -3.31% | base | +0.47% | after close | after close | after close |
Closing-price change versus T-1, the last close before the story. T0 to T+3 fill in after each market close. Prices: Alpaca IEX.
CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge gCaptain
Source: gCaptain
The price since 13 Nov 2026: Amplify Commodity Trust (BWET) versus the S&P 500
| Company | When | Move | Status |
|---|---|---|---|
| Amplify Commodity Trust (BWET) | that day | +5.27% | still updating |
| Amplify Commodity Trust (BWET) | three days earlier | -9.44% | final price |
| Amplify Commodity Trust (BWET) | five days earlier | +16.99% | final price |
| Ishares Tr (IYT) | that day | +0.28% | still updating |
| Ishares Tr (IYT) | three days earlier | +0.31% | final price |
| Ishares Tr (IYT) | five days earlier | -3.11% | final price |
| Kirby (KEX) | that day | +0.47% | still updating |
| Kirby (KEX) | three days earlier | -3.31% | final price |
| Kirby (KEX) | five days earlier | -5.74% | final price |
| Matson (MATX) | that day | -1.66% | still updating |
| Matson (MATX) | three days earlier | -2.89% | final price |
| Matson (MATX) | five days earlier | -0.66% | final price |
| ZIM Integrated Shipping Services (ZIM) | that day | -0.05% | still updating |
| ZIM Integrated Shipping Services (ZIM) | three days earlier | -3.95% | final price |
| ZIM Integrated Shipping Services (ZIM) | five days earlier | -4.43% | final price |
Members of Congress who traded Amplify Commodity Trust (BWET) near this story
Public disclosure filings, not a recommendation. The filing link is the source document. News use of these reports still sits under 5 U.S.C. § 13107(c).
Who gains and who loses around Amplify Commodity Trust (BWET)
Companies carried with this story
- BWET Amplify Commodity Trust
In “CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge,” Amplify Commodity Trust (BWET) is linked, with no stored direction, medium confidence. Reason on file: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story
- IYT Ishares Tr
Ishares Tr (IYT) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge.” Reason on file: iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story
- ZIM ZIM Integrated Shipping Services
In “CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge,” ZIM Integrated Shipping Services (ZIM) is linked, with no stored direction, medium confidence. Reason on file: ZIM Integrated Shipping Services (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story
- MATX Matson
Matson (MATX) is linked, with no stored direction, medium confidence in the 13 Nov 2026 story “CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge.” Reason on file: Matson (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story
- DAC Danaos
In “CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge,” Danaos (DAC) is linked, with no stored direction, medium confidence. Reason on file: Danaos (deep sea foreign transportation of freight): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story
- KEX Kirby
In “CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge,” Kirby (KEX) is linked, with no stored direction, medium confidence. Reason on file: Kirby (water transportation): shipping lines' rates jump when routes or ports are disrupted. Linked by “freight” (container shipping) in this story
Amplify Commodity Trust (BWET) and the shipping link
The 13 Nov 2026 story “CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge” names Amplify Commodity Trust (BWET) because of Shipping.
What ties Amplify Commodity Trust (BWET) to the headline is this: Breakwave Tanker Shipping ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story
Ishares Tr (IYT) is here too. Its reason reads: iShares U.S. Transportation ETF: it tracks shipping freight. Linked by “freight” (container shipping) in this story
Dates and price levels for Amplify Commodity Trust (BWET)
BWET traded between 788.51 and 1047.07 across 17 sessions. The latest close on file is 907.20. ZIM traded between 28.73 and 30.98 across 20 sessions. The latest close on file is 29.73.
How strong the case is around Amplify Commodity Trust (BWET)
46 out of 100Price not final
“CMA CGM Net Profit More Than Triples to $2.32 Billion as Freight Rates Surge” scores 46 out of 100. The score uses 1 sources, and 6 linked companies. The price is not final yet.