CMA CGM Announces Major FAK and PSS Increases on Asia–Europe Routes as Freight Costs Climb

Global container carrier CMA CGM has announced a new round of Freight All Kinds (FAK) rate adjustments and Peak Season Surcharges (PSS) for cargo moving from Asia to multiple destinations, effective July 1, 2026. The updated pricing reflects continued pressure on vessel capacity and strong cargo demand across major trade lanes. Industry observers view the move as another signal that freight markets are entering an increasingly active peak-season cycle.

According to the carrier’s latest notice, FAK rates from Asia to Northern Europe will increase to USD 3,700 per TEU and USD 6,300 per FEU, while an additional USD 1,000 per TEU Peak Season Surcharge will also apply. On Asia–Mediterranean services, FAK rates will rise to USD 10,200 per TEU for West Mediterranean destinations, accompanied by a USD 2,800 per TEU PSS. As a result, total transportation costs on certain routes are expected to exceed USD 13,000 per container.

Other regional markets are also affected by the adjustments. FAK rates to East Mediterranean destinations will reach USD 7,700 per TEU, while rates to the Adriatic region and North Africa are scheduled to increase to USD 7,900 and USD 8,500 per TEU respectively. Additional PSS charges will be applied across these trade lanes, further increasing overall shipping expenses for exporters and importers operating between Asia and Europe.

Market analysts note that the latest surcharge announcements reflect persistent imbalances between cargo demand and available shipping capacity. With exporters accelerating shipments ahead of the traditional peak season, freight rates may remain elevated in the coming months. Businesses engaged in international trade are advised to secure space early, closely monitor carrier pricing updates, and optimize supply chain planning to mitigate the impact of rising transportation costs.