The liner carrier CMA CGM said Wednesday it plans to increase rates on the westbound Asia-Europe trade from May 1.
It’s the third time the French line has raised rates in recent months as it and other container lines seek to bring rates on the trade back to higher levels.
The increase is $385 per TEU and has been dubbed an emergency rate restoration. It’s applicable from all Asian origins and all European destinations.
CMA CGM to raise Asia-Europe rates
