CMA CGM Sets April Rate Hikes in Europe Trade

CMA CGM Sets April Rate Hikes in Europe Trade

CMA CGM will increase rates on its trade from North Europe, Scandinavia and the Mediterranean to Australia, starting April 1.

The hike will be $250 per 20-foot container and $500 per 40-foot container for dry cargo.

The French ocean carrier will also hike rates in its trade from North Europe to the U.S. East Coast, Canada and Mexico, starting April 1. The increase will be $250 per 20-foot container and $350 per 40-foot container for all cargo.

From the Mediterranean to the U.S. East Coast and Gulf Coast, CMA CGM will increase rates by $250 per 20-foot container and $350 per 40-foot container for dry cargo, beginning April 15.