OOCL plans to raise rates on Oct. 1 on its services in both directions on the trans-Atlantic and on its services from the Middle East, South and Southeast Asia to Australia.
The Hong Kong-based liner company said Monday it will impose a general rate increase on all types of containers moving in both directions on the trans-Atlantic trade starting Oct. 1.
By The Numbers: Europe-North America Westbound Container Trade.
The rate increase, which will apply to all cargo shipped between Europe and the U.S., Canada and Mexico, will be $320 per 20-foot container equivalent unit and $400 per 40-foot unit.
At the same time OOCL said it will increase rates by $300 per TEU on containers shipped from Southeast Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines, Indian Subcontinent and Middle East) to Australia.
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