Mediterranean Shipping Co. is adding $240 to $400 per container to its rates from North America to Europe, the carrier's second general rate increase on the trans-Atlantic in a month.
The new export rates from the United States, Canada and Mexico take effect May 1 and include higher charges for containers to the United Kingdom, Scandinavia, the Baltic region and the Western Mediterranean.
The new GRI follows similar increases MSC announced March 10 that are effective April 1 for North American exports to the Western Mediterranean, Northern Europe, the UK and the Baltics.
The May 1 GRI will push rates to the UK up $240 per 20-foot container or $300 per 40-foot container.
Rates to Scandinavia and the Baltics will rise $320 per 20-footer and $400 per 40-foot container. North American export rates to the Western Mediterranean will rise $240 per 20-foot box and $300 per 40-footer.
The Journal of Commerce Online
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