The liner carrier CMA CGM said Wednesday it will raise rates on the eastbound transpacific in line with recommendations made by the Transpacific Stabilization Agreement, among a host of planned rate hikes over the next three months.
The proposed increases on the eastbound transpacific include:
- From Asia to all U.S. destinations (including intermodal), $240 per 20-foot container, $300 per 40-foot container, $340 per 40-foot high-cube container, $380 per 45-foot container, and $480 per 53-foot container from March 15; then $400 per 20-foot container, $500 per 40-foot container, $565 per 40-foot high-cube container, $635 per 45-foot container, and $800 per 53-foot container from May 1.
- From Asia to Canada, $320 per 20-foot container, $400 per 40-foot container, $450 per 40-foot high-cube container, $510 per 45-foot container from March 15; then $560 per 20-foot container, $700 per 40-foot container, $790 per 40-foot high-cube container, $890 per 45-foot container, and $1,120 per 53-foot container from May 1.
In another trade involving North America, the proposed increases are:
- From the United States to Australia and New Zealand, $150 per 20-foot container and $300 per 40-foot container, from April 1.
Other planned increases include:
- From India and the Middle East Gulf to East Africa (Mombasa and Dar Es Salam), $250 per TEU from March 1.
- From Asia to East Africa (Mombasa and Dar Es Salam), $200 per TEU from March 15.
- From Asia to the west coast of South America, Central America West Coast and Mexico, $400 par TEU from March 15.
- From Asia to the Caribbean, $560 per 20-foot container, and $800 per 40-foot or 40-foot high-cube container, from March 15.
- From Asia to the east coast of South America, $600 per TEU from March 15.
- From Northern Europe to the west coast of South America, 150 euros per TEU from March 15.
- From Northern Europe to the Caribbean, east coast of Central America, and the north coast of South America, 150 euros per TEU from March 15.
- From Northern Europe to India and Pakistan, $150 per 20-foot container and $200 per 40-foot container for dry cargo from April 2. — Eric Johnson
