Maersk Line announced a general rate increase on cargo shipped from the Indian Subcontinent to the east coast of South America, the Journal of Commerce reported.
Effective Sept. 15, the proposed increase will be $200 per 20-foot container and $400 per 40-foot container.
The Danish carrier will also apply a $500 per-TEU increase on shipments moving from Far East Asia to South America’s east coast, starting Sept. 1.
“In order to continue offering our broad portfolio of services and high level of reliability, it will be necessary for us to implement such rate increases,” Maersk said.
Effective Sept. 15, the proposed increase will be $200 per 20-foot container and $400 per 40-foot container.
The Danish carrier will also apply a $500 per-TEU increase on shipments moving from Far East Asia to South America’s east coast, starting Sept. 1.
“In order to continue offering our broad portfolio of services and high level of reliability, it will be necessary for us to implement such rate increases,” Maersk said.