Mediterranean Shipping Co. said it will apply a general rate increase of $291.39 per TEU to shipments originating in all Mediterranean ports to destinations on the East Coast of South America as of Oct. 1.
The carrier said it is “compelled” to apply the rate increase “in view of the current and projected market conditions and increased operating costs.”
The carrier said it is “compelled” to apply the rate increase “in view of the current and projected market conditions and increased operating costs.”