News / Asia-Europe carriers take charge, hiking freight rates in peak season run-up

Asia-North Europe ocean carriers are preparing to hike FAK (freight all kinds) rates again on 15 June, against a background of continued space shortages on both headhaul and backhaul routes.

For example, a basket of new FAK rates from Asia to the UK, viewed by The Loadstar this week, range from $2,000 per 40ft quoted by CMA CGM, to $2,500 from K Line.

Most cheaper contract rates are now coming to an end, which gives the container lines added confidence to push through ...