Cosco to Implement Asia-Europe Rate Hike, Surcharge

Cosco Container Lines will implement a general rate increase for all shipments from northwestern Europe and the Mediterranean to the Far East and India and Pakistan region, effective March 1. The hike will be $200 per 20-foot container and $400 per 40-foot container.

The carrier also announced an emergency peak-season surcharge for all shipments from Asia to northwestern Europe and the Mediterranean, effective Jan. 30, until further notice. The surcharge will be $225 per 20-foot container.

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