CMA CGM will raise rates on its trade from the Mediterranean to the U.S. East Coast, effective July 1.
For dry and refrigerated cargo, the increase will be $200 per 20-foot container and $300 per 40-foot container.
The container line will also boost rates on its trade from India and Pakistan to North Europe and the Mediterranean, starting July 1. For dry cargo, the hike will be $300 per 20-foot container and $600 per 40-foot container.
So far this year, rates are down in the trans-Atlantic trade.