CMA CGM raises Europe/Oceania rates

CMA CGM raises Europe/Oceania rates    CMA CGM said Monday it is increasing rates in both directions between Europe and Australia-New Zealand.
   Southbound, from Europe to Australia and New Zealand, rates will rise $300 per TEU, while northbound from Australia and New Zealand to Europe, rates will rise $200 per TEU.
   The rate hikes go into effect Sept. 15.
   On Aug. 15, the French carrier began applying a $175-per-TEU increase on all cargo moving southbound from the U.S. East and Gulf coasts to Australia and New Zealand.