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CSAV Raises Rates From India, Middle East

1/30/2012 9:23:51 AM

Chilean container carrier CSAV imposed a general rate increase on trades from the Indian Subcontinent and the Middle East to Europe, the Mediterranean, Africa, Latin America and the Caribbean.

The proposed increase, starting Feb. 1, will be $200 per 20-foot equivalent unit.

The move follows a similar increase notice by German ocean carrier Hamburg Sud on same trade routes, also effective Feb. 1.

The Journal of Commerce Online

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