CMA CGM has announced that it will increase its 40ft FAK rate from North Europe to Asia to $850 from 1 November.
The first adjustment this year by the French carrier of its backhaul rates could coincide with what European exporters fear: a severe capacity crunch as a consequence of the vast number of blanked westbound voyages this month.
These were a result of the Chinese Golden Week factory shutdown this week …
The post Shippers nervous as new Europe-Asia container capacity crunch looms appeared first on The Loadstar.
Source: The Loadstar
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