CMA CGM raising rates on several trades

   CMA CGM said this week it plans to raise rates on a number of trades from April.
   The proposed increases are:
  • From India and Pakistan to North Europe, Mediterranean, Baltic, Black Sea and North Africa ports, $150 per 20-foot container and $300 per 40-foot container for dry or refrigerated cargo from April 2.
  • From North Europe to Canada, $150 per 20-foot container and $200 per 40-foot container for dry or reefer cargo from April 10.
  • From the East and West Med, and Black Sea to the U.S. East and Gulf coasts, $200 per 20-foot container and $300 per 40-foot container for dry or reefer cargo from April 15.
   The line also said it will assess a peak season surcharge of $200 per container from Australia and New Zealand to the Caribbean and South America from April 15 through June 30.