Macron calls for ‘suspension’ – CMA CGM's $20bn US investment in doubt
CMA CGM’s much-heralded $20bn investment in the US could be in doubt after French president ...
© Woraphon Banchobdi
By Mike Wackett
CMA CGM has announced a $300 increase in FAK rates from Asia to North Europe and the Mediterranean, to $2,000 per 40ft, from 1 June.
Other carriers are rolling out similar hikes as space on the trade gets tighter, following aggressive blanking programmes by all three alliances.
According to eeSea data, carriers have so far announced the withdrawal of 28% of scheduled headhaul sailings this month, representing 37 of 130 advertised voyages.
“Most ships are running full,” a Chinese forwarder told The Loadstar ...
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