U.S. Lines Again Postpones Trans-Pacific Rate Increase

U.S. Lines will postpone the rate increase previously announced for effective date March 1 to April 1, for dry cargo in the trans-Pacific westbound trade from all origins via the U.S. West Coast only to all destinations.

The hike will be $160 per 20-foot container and $200 per 40-foot, 40-foot high-cube and 45-foot high-cube container. The increase does not apply to refrigerated cargo, open tops and flat racks.

Separately, the ocean carrier said that it is implementing rate hikes from Vancouver, British Columbia, to Asian destinations effective March 1 and April 1.

For in-depth analysis & commentary on this topic, become a JOC member