Ocean carrier CMA CGM has announced the implementation of peak season surcharges on various trade lanes. The move comes as the shipping industry continues to grapple with ongoing supply chain challenges and fluctuations in demand.
Effective [start date], the surcharges will apply to specific cargo types and destinations. The company cited increasing operational costs, equipment shortages, and port congestion as the primary reasons for the fee increase.
Industry experts believe that this development could lead to higher shipping costs for exporters and importers, potentially impacting consumer prices.
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