CMA CGM plans surcharge for Chinese New Year

Asia

Tuesday, January 22, 2013

CMA CGM said it would implement a peak season surcharge, effective Jan. 28, in advance of Chinese New Year on Feb. 10. The company said volumes from China boomed ahead of the factories shutting down. The French liner carrier said the peak and associated surcharge should last to the end of February. It added volumes will slow down from mid- February, but utilization will remain high until the end of that month because of some pulled sailings. ...

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