CMA CGM raising European export rates

   The liner carrier CMA CGM said Monday it plans to raise rates on a number of trades from Europe in the coming weeks.
   The increases are:
  • From North Europe to Red Sea and Persian Gulf ports, $200 per container, effectively immediately.
  • From North Europe to Asia, the Red Sea and Middle East, $100 per TEU from May 1.
  • From North Europe to India and Pakistan, $150 per 20-foot container and $200 per 40-foot container.