Ocean carriers Maersk Line and CMA CGM issued general rate increases.
Maersk Line will increase rates from Far East Asia (excluding Japan) to North Europe effective Dec. 1. Rates will increase by $1,000 per TEU; and $2,000 per forty-foot container (FEU), 40-foot high cube container and 45-foot high cube container for dry and reefer goods.
The Danish carrier will also increase rates from the United Kingdom and Ireland to Bangladesh effective Dec. 1. Rates will increase by $150 per TEU, FEU, 40-foot high cube container and 45-foot high cube container for dry goods.
CMA CGM will increase rates from all Asian ports to all Middle East Gulf ports on all cargo effective Dec. 1. Rates will increase by $150 per TEU.