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CMA CGM launches early container return incentive programme

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CMA CGM launches early container return incentive programme

Fenix Marine Services terminal

CMA CGM is launching an early container return incentive programme at the FMS terminal in Los Angeles and at all its return locations in Chicago, Dallas, Kansas City and Memphis, aiming to accelerate the return of empty containers.

According to the carrier, the scheme which begins on May 16 and continues until July 15, is projected to result in approximately 43,000 dry containers being put back into circulation within four days of pickup.

The programme will deliver US$300 per dry container returned to eligible locations within one to four days in order to help customers offset costs.

Ed Aldridge, president of CMA CGM and APL North America, said: “CMA CGM is committed to doing everything we can to increase the fluidity and velocity of America’s supply chain.

“Our new programme will result in an incentive credit for our importers, improve equipment availability for our exporters and expedite the flow of goods into and out of America’s heartland. It’s truly a win-win for everyone.”

Gene Seroka, executive director of the Port of Los Angeles, said: “With this incentive programme, the CMA CGM Group is facilitating a more robust flow of goods through the Port of Los Angeles and helping US exporters get their product to destinations around the globe more quickly.”

Calculation of incentive credits will be on a weekly basis with a credit memo issued every 14 days to each applicable importer of record (consignee listed on the Bill of Lading).

EDI transaction data will be utilised to assess credit, and therefore no additional documentation is required from customers.

The scheme is the second incentive programme implemented by the French company in the USA, following the early container pickup incentive programme which it initiated at the ports of Los Angeles and Long Beach at the end of 2021.

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