Maersk Line is implementing a new round of general rate increases on various trade lanes that will take effect in May.
The Danish carrier said it will push its rates up by $400 per 20-foot, $500 per 40-foot, $565 per 40-foot high cube and $630 per 45-foot high cube container on cargo from Far East Asia to the U.S. West Coast, starting May 1.
From Far East Asia to the U.S. East Coast, the carrier will apply increases of $560 per 20-foot, $700 per 40-foot, $790 per 40-foot high cube and $885 per 45-foot high cube container, effective May 1.
Rates on dry shipments from the U.S. to Far East Asia will increase by $160 per 20-foot, $200 per 40-foot/high cube and $250 per 45-foot high cube container, effective May 1.
From Far East Asia to Canada, the proposed GRI will be $400 per 20-foot, $500 per 40-foot, $565 per 40-foot high cube and $635 per 45-foot high cube container, effective May 1.
From Far East Asia (excluding Japan) to Europe and the Mediterranean, rates will go up by $400 per 20-foot container, effective May 1.
Cargo from the Middle East and the Indian Subcontinent to North Europe and the Mediterranean will attract a rate increase of $200 per 20-foot and $400 per 40-foot container, starting May 1.
Maersk’s planned increase on trades from Latin America to India will be $1,000 per 20-foot and $2,000 per 40-foot container, starting May 5.
From Canada to Far East Asia, the carrier will seek a rate hike of $160 per 20-foot and $200 per 40-foot/45-foot high cube container, starting May 10.
The Journal of Commerce Online
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