CMA CGM will increase rates effective Feb. 1. Rates on dry cargo from India, Pakistan and Sri Lanka to North Europe, Scandinavia, Mediterranean Sea, Baltic, Black Sea, North Africa, Central America and Caribbean, South America will increase $250 per TEU and $500 per 40-foot container.
CMA CGM has also increased rates from Asia to Sri Lanka. Dry cargo rates increased $200 per 20GP; $300 per 40GP; $300 per 40HC; and $350 per 45HC. Reefer cargo rates increased $250 per TEU and $400 per 40-foot container.
Maersk increased rates on Jan. 4, it announced Tuesday. Cargo from Far East Asia to East Coast South America, excluding Pecem (Brazil), Salvador (Brazil), Suape (Brazil), Vitoria (Brazil), and Manaus (Brazil), will be affected. Rates will increase $500 per TEU, $1,000 per 40-foot container, and $1,000 per 45-foot highcube dry. Rates for non-operating reefers will increase by $500.
Members of the Caribbean Shipowners Association will increase their rates effective Feb. 2, the group announced Monday. Rates will increase $50 per TEU; $100 per 40-foot container; $113 for containers more than 40 feet; $67 for vehicles up to 700 cft; $2.40 w/m (40 cft. or 2,000 lbs.) for vehicles more than 700 cft; $2.40 w/m (40 cft or 2,000 lbs.) for breakbulk, LCL; $.06/cft for LCL (1 cft); and $.12/cwt for LCL (100 lbs.).
Contact these individual carriers for more information and applicability.
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now