Asia-Europe Ocean Carriers Announce Final Rate Hike Attempt for 2024
Leading ocean carriers operating on the Asia-Europe trade lane, including Hapag-Lloyd and CMA CGM, have jointly declared a final attempt to increase rates on the challenging route in the upcoming year. Hapag-Lloyd has officially raised its FAK (freight all kinds) Asia-North Europe 40ft rate to $3,000, effective January 1, 2024. Despite this effort, the carriers…
