CMA CGM Announcement: Rate Restoration Initiative 4 (RRI04)

CMA CGM is announcing the following Rate Restoration Initiative 4 (RRI04) for cargo from North European & Mediterranean ports to the USA, Canada and Mexico ports and all inland destinations reached via said ports effective July 1st, 2024.

RATE RESTORATION INITIATIVE 4 (RRI04)

Effective July 1st, 2024, unless otherwise specified, a RATE RESTORATION INITIATIVE 4 (RRI04) will apply to tariff or service contract rates for all cargo moving under the scope of this tariff (*).

From/via: All ports of load in North Europe including North France, United Kingdom, Ireland, Scandinavia, Poland, Baltic & North Spain (Bilbao, Gijon)

From/via: Mediterranean ports including Malta, Italy, Spain (Algeciras, Valencia, Barcelona, Sagunto), Adriatic, North Africa, Morocco excluding Egypt

To: USA, Canada & Mexico

USD 350 per 20' (Dry & Reefer)

USD 700 per 40'/40'HC/45' (Dry & Reefer)

(OOG excluded)