Asia-North Europe carriers are continuing to slash FAK rates as the container spot market records another weekly decline.
APL and parent company CMA CGM announced today that from 1 June, the 40ft FAK rate would be cut by $100 to $1,800 for the Le Havre-Hamburg range of ports and to $1,850 for the UK ports of Felixstowe and Southampton.
The decision follows Maersk Line confirming last week it would lop $300 off …
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Source: The Loadstar