Peter T. Leach, Senior Editor | Aug 01, 2012 2:17PM EDT
Mediterranean Shipping Co. plans to raise freight rates Sept. 1 on all cargo originating in the Far East and Southeast Asia shipped to the U.S. and Puerto Rico.
The new rate increase comes on top of the peak season surcharge that MSC implemented on cargo shipped from Asia to the U.S. and Canada as of June 10.
The Sept. 1 increase in rates on containers shipped port to port from Asia to the U.S. West Coast and Puerto Rico will be $400 per 20-foot-equivalent container unit, $500 per 40-foot equivalent unit, and $550 per 40-foot high-cube container.
The increase in rates on containers shipped to U.S. intermodal points moving through or via U.S. West Coast ports will be $560 per TEU, $700 per FEU and $750 per 40-foot high-cube.
The increase in rates on containers shipped from ports in Asia to U.S. East Coast ports and to U.S. intermodal points moving through or via US East Coast ports will be $560 per TEU, $700 per FEU and $750 per 40-foot high cube.
Contact Peter T. Leach at pleach@joc.com.