Gemini Cooperation carriers steam ahead of rivals in reliability stakes
Ocean carriers “need a big nudge” to get their global on-time performance (OTP) back to ...
By Mike Wackett
Asia-North Europe container spot rates are under pressure again and there is evidence that carriers are preparing to cut FAK rates as the slack season looms.
CMA CGM this week announced a revision of its FAK (freight all kinds) rates on the route from September 20.
The new rates with a validity of just 10 days are $950 per 20ft and $1,700 per 40ft.
Last month the French carrier announced rates of $1,050 per 20ft and $1,900 per 40ft from September 1.
Although The Loadstar sources continue ...
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