Asia-North Europe ocean carriers are making a big push for peak season rate increases, targeting hikes of about $300 per 40ft from 1 July.
CMA CGM, which slashed its rates this month, has announced that its FAK rate from Asia to North Europe would rise by $300, to $2,000 per 40ft from next month.
But for west Mediterranean ports, CMA CGM is keeping its 40ft rate at $1,800.
However, spot rates on both routes remain under pressure. This week’s Shanghai Containerized …
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Source: The Loadstar
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