Real test of Gemini hub and spoke model yet to come, says Maersk
Early signs may be positive for the Gemini Cooperation’s “hub and spoke” model, but head ...
By Mike Wackett
Asia-Europe ocean carriers are preparing for a market share battle by lowering their FAK rates from 1 April, and the new Japanese merged entity, Ocean Network Express’s (ONE’s) shippers are on their radar.
This week, CMA CGM published new FAK rates from Asia to North Europe of $900 per 20ft and $1,700 per 40ft for 1 April.
The French carrier’s FAK rates for March are $1,050 per 20ft and $2,000 per 40ft.
Rival carrier Hapag-Lloyd’s new FAK rates on the same tradelane from 1 April are ...
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