CMA CGM reviews free time terms
Apr, 12, 2020 Posted by Sylvia SchandertWeek 202016
Due to uncertainties in the US market, CMA CGM America is temporarily revising its free time terms. The measures are valid for all containers unloaded in the US on (or after) March 21. As a result, CMA CGM will not charge standard container detention from March 21, 2020 until April 15, 2020. Detention will be applied again from April 16, 2020.
Detention rates will be assessed in terms of standard levels, starting at level 1 (ie rates at day 1 level). During this period, a fixed daily fee of US$25 per chassis will be assessed for all chassis provided by CMA CGM. The implementation of this change begins immediately. According to CMA CGM, it will review the situation as it progresses and make the necessary changes.
Related Post
-
Trade Regulations
Jul, 23, 2021
0
US-China trade booms, despite tariffs and tension
-
Ports and Terminals
Jan, 03, 2020
0
Rio Grande Port maintenance dredging 98% complete
-
Other Cargo
Nov, 11, 2021
0
Footwear exports continue to rise in October
-
Shipping
Jul, 03, 2024
0
MSC’s market share now at 20% as fleet nears 6 million TEUs