CMA CGM boosts rates on eastbound TP, other trades

South America

Thursday, February 16, 2012

The liner carrier CMA CGM said Wednesday it will raise rates on the eastbound transpacific in line with recommendations made by the Transpacific Stabilization Agreement, among a host of planned rate hikes over the next three months. The proposed increases on the eastbound transpacific include: From Asia to all U.S. destinations (including intermodal), $240 per 20-foot container, $300 per 40-foot container, $340 per 40-foot high-cube container, $380 per 45-foot containe...

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