Tuesday, December 7, 2010

Big Three Container Lines Propose Rate Rise from Next Month

(Cargonews Asia)

The world’s top three container lines have announced freight rate increases, according to shipping industry sources.

Maersk has announced rate increases to be effective from January on all container cargo shipments from Asia to Central America and the west coast of South America, reported The Hindu. The rates proposal calls for an increase between US$250 and $300 per TEU. Read more here.