French ocean carrier CMA CGM said Wednesday that it would increase United States export cargo rates to Asia, the Indian Subcontinent and the Middle East starting March 15.
The carrier, which has been struggling with billions in debt, said the rate increases were part of a continuing effort to "provide its valued customers with a high quality of services."
The U.S. export increases are:
• From the US East, West and Gulf Coast ports to Asia:
+ 150 USD per TEU
+ 200 USD per FEU
• From the US East and Gulf Coast ports to the Middle East:
+ 75 USD per TEU
+ 150 USD per FEU
• From the US East Coast ports to the Indian Subcontinent:
+ 150 USD per TEU
+ 200 USD per TEU
