Global shipping carrier CMA CGM has announced a new round of freight rate increases across several Asia–Europe trade lanes, signaling continued upward pressure in the container shipping market. According to the latest carrier notice, the adjustments will take effect from June 15, 2026, covering routes from Asia to the Mediterranean, the Eastern Mediterranean, and Northern Europe.
The carrier plans to raise FAK (Freight All Kinds) rates significantly, with rates reaching USD 6,500 per 20-foot container and USD 9,200 per 40-foot container on selected Mediterranean services. Market sources indicate that spot rates on some Asia–Northern Europe services have already climbed to approximately USD 1,800 per TEU, driving the all-in cost of a 40-foot container shipment to exceed USD 11,000.
In addition to the base rate increases, CMA CGM will introduce a Peak Season Surcharge (PSS) effective July 1, 2026, on cargo moving from Mediterranean countries—including Turkey, Greece, and Egypt—to destinations along the U.S. East Coast and inland locations. The surcharge reflects persistent demand and ongoing capacity constraints affecting global shipping networks.
Under the new surcharge structure, a 20-foot container will incur an additional USD 1,300, while 40-foot and 45-foot containers will face surcharges of up to USD 2,600. Industry analysts note that the latest adjustments represent one of the highest single PSS increases seen in recent years, highlighting continued volatility in international freight markets and increasing transportation costs for global shippers.
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