New applicable CMA CGM Freight All Kinds (FAK) rates(*) as follows as from July 1st, 2020 (date of loading in the origin ports in Asia) and until further notice but not beyond July 14th, 2020:
These new FAK rates will apply as follows:
• Origin Range: From all Asian base ports
• Destination Range: To all Mediterranean base ports (areas mentioned above)
• All outports in Asia and the Mediterranean will be subject to additional surcharges
• Date of application: From July 1st, 2020 (date of loading in the origin ports) and until further notice but not beyond July 14th, 2020
Today the Maritime Administration (MARAD) awarded nearly $580 million to 31 recipient ports in 15 states and territories. These grants are from the agency's Port Infrastructure Development Program (PIDP). Five…
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