19-05-2017

CMA CGM levies Asia-Americas rate hikes from June 1, June 15

CMA FRENCH shipping giant CMA CGM will levy a general rate increase on cargo from Asia to Panama and the Caribbean and which includes Cuba on its PEX2 service from June 15. Rate increases will be US$1,050 per TEU, US$1,500 per FEU and US$1,500 per 40-foot high cube. CMA CGM will also exact a Freight All Kinds (FAK) rate increase from June 1 for cargo from Asian port to US ports. To US west coast ports, the rate will be US$1,650 per FEU, and to US east coast ports, it will be US$2,650 per FEU high cube. These rates are subject to applicable tariff/contract surcharges. Source: Schednet
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