CMA CGM halts all spot rate increases until 1 February

CMA CGM Group has decided to put any further increases in spot freight rates on hold for all services operated under its brands, CMA CGM, CNC, Containerships, Mercosul, ANL and APL.

This measure is effective from 9 September 2021 and will last until 1 February 2022, according to the company’s announcement.

Since the beginning of 2021, container shipping spot freight rates have continued to rise due to port congestion and the major imbalance between demand and maritime container transport...

https://container-news.com/cma-cgm-halts-all-spot-rate-increases-until-1-february/

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