CMA CGM rate hikes from Canada WC and for Asia-Europe.

French shipping giant CMA CGM will raise rates March 15 from Canada's west coast to the world, and from Asia to North Europe until further notice but not beyond March 31.

In the Asia-Europe case these new FAK rates will apply to all Asian ports including Japan, Southeast Asia and Bangladesh to all Northern European ports including the UK and the full range from Portugal to Finland/Estonia. Thus new Asia-Europe FAK rates will be US$950 per...