Friday, June 27, 2025
Home Most Visited - Newsletter European lines raise rates into and out of North America

European lines raise rates into and out of North America

Container lines have announced they will apply rate increases in the Pacific trades from Asia to the US later in February and again in the coming months.

[s2If is_user_logged_in()]In particular, Hapag-Lloyd will implement the following general rate increase (GRI) in the eastbound trade from East Asia to all US and Canadian destinations as of 15 March. This GRI will apply for all dry, reefer, non-operating reefer, tank, flat rack and open-top containers.

East Asia to North America (USA and Canada)

  • US$960 per all 20′ container types
  • US$1200 per all 40′ container types

On the same date, the German carrier will increase rates for all types of boxes from the US and Canada East to the Arabian Gulf, Red Sea and Indian Subcontinent as follows:

Origin: Halifax, Montreal, New York, Norfolk, Savannah, Charleston, Jacksonville, Miami, Houston and New Orleans

Destination: Arabian Gulf, Red Sea and Indian Subcontinent

  • US$100 per all 20′ container types
  • US$200 per all 40′ container types

In addition, Maersk will push up its rates for cargo moving from the US and Canada to Australia and New Zealand by US$200/20′ equipment and US$400/40′ equipment.

Furthermore, CMA CGM will introduce an empty equipment imbalance surcharge, considering the present reefer equipment situation, from the US West Coast (Seattle and Tacoma) to all destinations worldwide. The surcharge of US$650/reefer container, except shipper owned containers (SOC), will be effective from 1 March.

The French shipping group will also apply a general rate restoration (GRR) from 17 March for cargo moving from the East Coast of South America on SAMWAF service to West Africa, East Africa, South Africa, Indian Ocean, Arabian Gulf and West Coast North of India. The GRR will apply to dry, reefer, out of gauge and breakbulk cargo and will be US$150/20′ and US$150/40′.

Last but not least, CMA CGM will set a new peak season surcharge of US$700/20′ or 40′ dry box from all ports of Pakistan to South America West Coast, Central America (East and West Coasts), Mexico West Coast, the Caribbean, Leeward & Winward (excluding Puerto Rico & Virgin Islands).

[/s2If]

[s2If !is_user_logged_in()]Please login or register to read the rest of the story[/s2If]





Latest Posts

Trump’s icebreaker gambit: US sets course for Arctic power play against Russia

In a move that could reshape Arctic geopolitics and redefine shipping lanes for decades, former US President Donald Trump revealed that he has offered...

Port of Barcelona strengthens position as investment magnet with new agreements

Port of Barcelona Management Board has approved four strategic initiatives to enhance competitiveness, expand logistics capacity, advance sustainability, and modernize facilities. At first, Terminal Investments...

Global bunker prices on downward trend

Global bunker indices tracked by Marine Bunker Exchange (MABUX) fell sharply in the 26th week of the year, driven by expectations that a ceasefire...

Mawani signs privatization contracts for cargo terminals at eight Saudi ports

In a major step toward advancing Saudi Arabia’s logistics infrastructure, the Saudi Ports Authority (Mawani) has signed privatization contracts for multipurpose cargo terminals at...

What Makes a Good Personal Injury Lawyer?

A good personal injury lawyer can be an invaluable ally, guiding you through the legal complexities and fighting for the compensation you deserve after...
error: Content is protected !!