- Peak Season Surcharge Announced for Shipments to US East and Gulf Coasts.
- CMA CGM Implements Rate Increases for Cargo from Guyana and Suriname.
- French Ocean Carrier CMA CGM Adjusts Pricing for US Routes.
CMA CGM, the biggest French ocean carrier, unveiled its new pricing measures for cargo shipment to the United States. The shipping firm announced two separate initiatives-the implementation of peak season surcharge for cargo shipments from India, the Subcontinent, and the Middle East and the launch of a rate restoration initiative for shipments that originated from Guyana and Suriname, reports Container News.
Peak Season Surcharge Announced
The shipper introduces a peak season surcharge for cargo bound for the US East Coast and Gulf Coast. The surcharge will be imposed on cargo shipped from the Indian Subcontinent, Middle East Gulf, Red Sea, and Egypt. It will go into effect 1 February 2025 at $1,000 per unit. It aims to counter the exigency of the peak shipping season and ensure that the service quality is not affected.
Rate Restoration Initiative for Guyana and Suriname
Part of the changes in pricing is that CMA CGM is implementing a rate restoration initiative from Guyana and Suriname into the United States. From 17 January 2025, $350 per TEU and $700 per FEU will be added to rates. This is yet another reflection of the commitment that CMA CGM has for ensuring reliable operations and aligning prices with current market dynamics.
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Source: Container News
