The liner carrier CMA CGM said Wednesday it’s suspending a planned peak season surcharge on the westbound Asia-Europe trade but replacing it with a rate increase from July 1.
The French line was seeking a $350-per-TEU peak season surcharge, as announced May 11. The rate increase to be assessed in lieu of the surcharge is $450 per TEU.
CMA CGM said it might reactivate the peak season fee at a later date. – Eric Johnson
CMA CGM replaces Asia-Europe fee with rate hike
