CMA CGM has announced rate restorations on a series of European trade lanes.

       From 1 April, the French carrier will increase rates from northern Europe to the Far East by US$150 per teu and from the US to northern Europe, the Baltic states and Scandinavia by $200 per 20ft container and $300 per 40ft container.

       Other increases include $150 per 20ft container and $250 per 40ft on services from the US to the Mediterranean and $200 per 20ft container and $300 per 40ft on northern Europe to the US east and Gulf coasts