New applicable CMA CGM Freight All Kinds (FAK) rates as follows as from April 1st, 2020 (date of loading in the origin ports) until further notice:
Below are the FAK rates for a sample list of corridors, commodities and container types where the rate increase is effective.
These new FAK rates will apply as follows:
• Origin Range: From North Europe, Baltic States, Scandinavia, West Med, East Med, North Africa, Adriatic, Black Sea
• Destination Range: To all West Africa ports
• Date of application: From April 1st, 2020 (date of loading in the origin ports) until further notice
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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