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2010 November 19   09:54

MSC rate up US$480/TEU to USWC, $640/TEU to EC from Dec 15

Geneva's Mediterranean Shipping Co plans to introduce a general rate increase on all containers transported from Asia to the US west and east coasts from December 15.
The shipping line said it is raising rates "in a response to the recent market rate deterioration and to follow the initial two-year step cost recovery programme".
The hikes for containers from Asia to US east coast ports and to US intermodal points moving through or via US east coast ports are: US$640 per TEU, $800 per FEU and $900 per 40-foot high-cube.
The hikes for containers transported from Asia to US west coast ports and to US intermodal points moving through or via US west coast ports are: $480 per TEU, $600 per FEU and $675 per 40-foot high-cube.

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