CMA CGM to raise transpacific rates

CMA CGM to raise transpacific rates

   CMA CGM said Monday it will seek to raise rates on a host of trades, including the eastbound transpacific, beginning May 1.

   The rate increases are:

   ' From Asia and the Indian Subcontinent to the west coast of North America, $400 per dry 40-foot container.

   ' From Asia and the Indian Subcontinent to the United States and Canada inland point intermodal via West or East coasts ports, $600 per dry 40-foot container.

   ' From North Europe to the Caribbean, Central America and the West Coast of South America, 150 euros per TEU for all container types.

   ' From North Europe to Mexico, $150 per TEU for dry containers.

   ' From all Asia origins to Red Sea, $150 per TEU for all container types.

   ' From New Zealand to Europe (as of May 9), $250 per TEU for all container types

   The French container line said that from June 15 it would also begin assessing a $400-per-dry-40-foot-container peak season surcharge on shipments from Asia and the Indian Subcontinent to U.S. and Canadian West and East coasts ports.