Hanjin Raises Canada-to-Asia Rates

Hanjin Shipping will raise rates on Canadian exports to Asia effective March 1, the company announced Thursday.

The Korean ocean carrier will hike Canada-to-Asia rates on dry shipments $160 per 20-foot container and $200 per 40-foot container and on reefer shipments $200 per 40-foot container.

Hanjin Shipping also on Thursday posted a loss on its operations in December, the first full month following its de-merger and the formation of a separate holding company (see story).

Contact Thomas L. Gallagher at tgallagher@joc.com.