CMA CGM hikes rates for Asia, Sri Lanka, Pakistan and India trade

CMA CGM Group plans to implement Rate Restoration Program on CIMEX Lines, the French liner operator said.

The new rates effective from August 15, 2015 are applied to all shipments from all Asian ports to Sri Lanka, Pakistan, India and will be:
USD 100 per 20' - USD 200 per 40'.

Marseille-headquartered CMA CGM was founded in 1978 by Jacques R. Saadé. Today the French company has become the world’s third largest container shipping group and number one in France operating across the world’s oceans. It is also one of the first global shipping operators to have control over the whole logistics chain offering a door-to-door service that integrates both inland waterway transport (River Shuttle Containers) and railways (CMA Rail), as well as port handling facilities and logistics on land.