Asia-North Europe carriers took advantage of the Chinese national holiday this week to announce new headhaul FAK rates, effective from 1 November, which are double the level currently on offer via the spot market.
Hapag-Lloyd led the way on Monday raising its Asia-North Europe 40ft FAK rate to $1,750, followed by CMA CGM on Wednesday upping its FAK rate to $1,800 per 40ft.
Despite these announcements and the lack of activity in …
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