Evergreen announces further rate restoration on North Europe-USA trade

Evergreen Line is to implement a second rate increase on all trade from North Europe to ports on the Atlantic coast of the USAA, at the rate of $350 per teu and $450 per feu, effective October 1. The company says "it is essential to bring our freight rates back to sustainable and viable levels so that we can continue providing the comprehensive network and quality of liner service that our customers expect". The new rate increases will apply to all cargo and commodities, including reefers and special equipment.