Loading…
Maersk Line, CMA CGM and Hapag-Lloyd announced freight rate increases on multiple container trades, including Far East to Europe and Asia to Africa, with effective dates in October and November. CMA CGM also raised rates by $300 per TEU to Mozambique and Tamatave.
Higher container rates raise the cost of importing feed ingredients and additives on those lanes. Carrier general rate increases often signal stronger demand or tighter capacity.
freightwaves.comFreightWaves StaffDec 12, 2016Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
