Carriers need to cut more capacity for March GRIs to hold
Container freight spot rates on the major trades continued to slide this week, forcing carriers ...
CMA CGM will levy a cancellation fee on European shippers and forwarders that do not deliver their containers for booked services to Indian subcontinent, Middle East Gulf and Red Sea ports.
In remarks that echo some of the problems carriers were having with space on the eastbound trades out of Europe, the French carrier said “no-shows” were preventing it serving other shippers.
“CMA CGM has been facing a large number of shortfalls due to late cancellations preventing us from accepting bookings on behalf of other valued ...
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Comment on this article
Oussy
May 23, 2017 at 3:56 pmFine! But to be fair to both parties (carriers and forwarders/shippers), wouldn’t it be righteous for the carriers to also give back usd 150/TEU to forwarders/shippers for rolled containers at ports of origin?