CMA CGM ups Asia-Middle East Gulf rate US$150/TEU on January 8
FRENCH shipping giant CMA CGM will levy a US$150 per TEU rate increase on all cargo bound for Asia-Middle East and Gulf ports from January 8.
The increase, part of a rate restoration programme, comes on top of another increase applicable on January 1, and is implemented to "maintain its service quality on CIMEX Lines", said the company.