CMA CGM lifts Asia–North Europe FAK and signals further July 15 hike

Summary

CMA CGM set new Freight All Kinds (FAK) rates from Asia to North Europe effective July 1 at $3,700 per 20' and $6,300 per 40', and signaled a second increase effective July 15 to $4,100 per 20' and $7,000 per 40'. MSC matched the direction as carriers push rates during the peak season.