|
Effective August 15th, 2012: From Asia to Europe & Mediterranean (including North Africa & Black Sea region) + USD 400 per 20 RF + USD 800 per 40 RH Effective September 15th, 2012: From North Europe (Baltic, Scandinavian, UK/Eire, Continental, Atlantic Spanish and Portuguese ports) to West Coast South America + EUR 300 per 20 + EUR 600 per 40 + EUR 600 per 40 HC CMA CGM announces a Rate Restoration Initiative 07 Aug 2012 As costs of bunker fuel, logistics and M&R continue to rise to record levels and to close the gap between breakeven and market rates, CMA CGM has decided to file a Rate Restoration Initiative (RRI) for reefer containers from the United States to Asia, effective October 1st, 2012. The above Rate Restoration Initiative will be applied as follows: Effective October 1st, 2012: From US to Asia + USD 711 per 20 RF + USD 1000 per 40 RH Expected rate levels for citrus and protein in the upcoming seasons will be as follows: Concerning citrus cargo: From US West Coast to Hong Kong USD 3600 per 40 RH & DTHC From US West Coast to China USD 3900 per 40 RH Concerning protein cargo: From US East Coast to Hong Kong USD 3500 per 40 RH & DTHC From US East Coast to China USD 3800 per 40 RH While CMA CGM appreciates that this is a significant increase, it will enable the Group to maintain the service levels that clients require and allow the Group to continue investing in refrigerated assets. CMA CGM press release |
CMA CGM revenue restoration program