CMA CGM levies US$1,200 in three rate hikes this month and next
Time：2015-12-10
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"In order to maintain its service quality on CIMEX Lines, CMA CGM Group informs its customers of a Rate Restoration Programme in two successive steps," said the company in a notice to trade.
The second step will come with a rate increase effective from January 7 for all cargo from Asian ports to all Middle East Gulf ports of $150 per TEU.
This came after a December 4 announcement of a $950 per TEU rate increase for cargo from Asia to north Europe will go into effect December 14.