CMA CGM Increases Shipping Rates from Egypt to the US East Coast and Gulf Coast Starting January 1

CMA CGM has announced an increase in Shipping rates to $1,500 per container for shipments from the Indian subcontinent, the Arabian Gulf, the Red Sea, and Egypt to the U.S. East Coast and the U.S. Gulf. The new rate is set to take effect on January 1st, following a postponement from the previously scheduled date of December 5th.