According to a LoadStar article, Asia-North Europe ocean carriers are preparing big increases in FAK rates next month, after squeezing capacity on the route with blanked sailings and a suspended loop.
FAK Rates AdvisoryMaersk has advised its customers that from 1 November, its FAK rates from Shanghai to North European ports would rise to $1,100 per 20ft and $2,000 per 40ft.
CMA CGM intends to hike its Asia to North Europe rates to $1,000 per 20ft and $1,900 per 40ft on the same date.
Most of the...
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