CMA CGM raises Asia-Europe/Med rates Oct. 1

Just eight days after raising the rates on eastbound cargo shipped from North Europe and the Mediterranean to Asia, CMA CGM announced a rate increase in the opposite direction.
The French line said today it will apply new rates on Oct. 1 on all cargo moving westbound from Asia to the Mediterranean and North Europe,
The rate increases will be $250 per 20-foot container on cargo shipped from Asia to North Europe and from Asia to the Mediterranean the Black Sea and the Adriatic.
Maersk Line, Mediterranean Shipping Company and Evergreen also announced this week they will raise rates on cargo to the Mediterranean.