Beginning March 1, CMA CGM adds peak surcharges
CMA CGM has announced peak season surcharges on Northern Europe–U.S., Canada, and Mexico trade lanes, beginning March 1. These surcharges follow a seasonal shipping slowdown after Lunar New Year and may be driven by anticipated shifts in sourcing due to U.S. tariffs on China, Mexico, and Canada. Importers may also be frontloading shipments to avoid potential European tariff threats. Additionally, congestion at European ports could further impact regional logistics. FreightWaves reports that surcharges are $900 per 20-foot dry container and $1,000 per 40-foot, 40-foot-high cube, and 45-foot containers, increasing shipping costs for businesses on these trade routes. (See FreightWaves, “CMA CGM sets peak surcharges for …” By Stuart Chirls, 2/04/2025)