News / Transatlantic westbound 'a total disaster', with 'unsustainable' rates

dreamstime_s_9898147
© Alexfiodorov
By

According to CMA CGM, westbound transatlantic ocean rates have now hit “unsustainable levels”.

The French carrier announced a raft of FAK (freight all kinds) increases on Friday, an endeavour to drive rates back up on a route that has become, what one liner executive described to ...

Daily News from £12 / mo  ·  includes Daily News
Subscriber Access

This is a Daily News Story

For uninterrupted access, sign in, subscribe or upgrade to The Daily News. For as little as £12 / month (£100/year), we can get you into the room where the big decisions are made.

Forgot?

Comment on this article

You must be logged in to post a comment.

  • Adrian Pinna

    October 30, 2023 at 8:49 pm

    Well it was bound to happen it was just the timing what goes up must come down

Related Stories

Topics

CMA CGM Ellerman City Liners Rates: the eternal tango Transatlantic Xeneta