Container Lines Propose Additional Transpacific Shipping Rate Increase
FEATURE
An additional Transpacific $400 general rate increase would take effect April 15 and bring this year’s total hike to $1,200.
Container lines on the transpacific trade lanes proposed a $400 per feu general rate increase, according to ifw-net.com, a freight and logistics news service.
Phil Matten, editor of Fastener+Fixing, reported similar increases are being sought for Asia/Europe routes.
Container lines earlier announced a $300 increase plus a $500 to $700 hike at the beginning of May.
An additional Transpacific $400 general rate increase would take effect April 15 and bring this year’s total hike to $1,200.
Container lines on the transpacific trade lanes proposed a $400 per feu general rate increase, according to ifw-net.com, a freight and logistics news service.
Phil Matten, editor of Fastener+Fixing, reported similar increases are being sought for Asia/Europe routes.
Container lines earlier announced a $300 increase plus a $500 to $700 hike at the beginning of May.
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