CMA CGM unveils container return incentive programme

To improve supply chain performance, CMA CGM has launched an industry first early container return incentive programme at the FMS terminal in Los Angeles and at its return locations in Dallas, Chicago, Memphis, and Kansas City. The 60-day incentive programme started on 16 May 2022 will continue until July 15 2022. “It will assist in putting back 43,000 dry containers into circulation within four days of pick-up. Clients are expected to receive a $300 credit per dry container returned to eligible locations during calendar days one to four. Followed by a calculation of incentive credits, which will be carried out on a weekly basis with a credit memo issued every 14 days to each applicable importer,” said a company release. Ed Aldridge, President, CMA CGM and APL North America, said, “We are committed to doing everything 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.”