CMA CGM announced rate increases and new peak season surcharges that will take effect in the next month or two on several of its trade lanes.
Although the peak season is winding down, the French carrier announced two peak season surcharges, one of which affects the trans-Pacific trade.
It plans to impose a peak season surcharge as of Jan. 1 on cargo from North and Southeast Asia to the U.S. and Canada. The surcharges are $320 per 20-foot container all types, $400 per 40-foot dry container; $450 per 40-foot high cube and reefer container and $510 per 45-foot container of all types.
The other peak season surcharge affects trade between the Far East and West Africa. CMA CGM said it would impose the charge in line with its membership in the Asia / West Africa Trade Agreement. It will impose a peak season surcharge of $200 per 20-foot equivalent unit on that trade from Jan. 10 to Feb. 10.
CMA CGM said it will increase rates on the following trade lanes as of Jan. 1:
From Asia to North Europe, the Mediterranean and Black Sea, the rate increase will be $250 per TEU on all types of containers.
From Asia to the East Coast of South America and the West Coast of South and Central America, the rate will increase by $400 per TEU of all types.
From Asia to Panama and the Caribbean (with the exception of French West Indies and Guyana), the increases will be $280 per 20-foot dry and reefer container and $400 per FEU of all types.
From West Africa to the Far East, the Middle East and India, the increase will be $100 per TEU on all types of containers.
As part of its membership in the Asia / West Africa Trade Agreement, CMA CGM will raise rates from the Far East to West Africa by $50 per TEU of all types.
The French carrier also announced increases in ocean freight rates across its main trades for the second quarter of 2011.
Effective April 1, the increases cover the Asia-Europe and trans-Atlantic services as well as routes to the Mediterranean, the Middle East, Red Sea, North Africa, India/Pakistan and South America.
Rates between North Europe and the U.S. will rise $160 per 20-foot dry container and $220 per 40-foot container or 40-foot high cube.
On eastbound routes from Asia to Europe, the Mediterranean, Adriatic, Black Sea and North Africa, rates will increase $350 for a 20-foot container and $700 for a 40-foot container. Westbound rates to Asia will rise $100 for a 20-foot container and $150 for a 40-foot container.
The Journal of Commerce Online
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