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Maersk to Raise Freight Rates on Major Trades

4/28/2012 9:06:30 AM

Maersk Line plans to implement a series of general rate increases on major trade lanes that will take effect mid-May.

The Danish carrier said it increase rates by $150 per 20-foot and $300 per 40-foot/45-foot high cube container on cargo from Far East Asia to India and Pakistan, starting May 15.

From the U.S. to ports in the Indian Subcontinent, the Middle East and Red Sea region, the carrier will raise its rates by $100 per container, effective May 15. The Subcontinent region includes ports in India, Pakistan and Bangladesh.

Rates on dry cargo from Far East Asia to Central America and the Caribbean will increase by $560 per 20-foot and $800 per 40-foot/high cube container, effective May 15.

From Far East Asia to East Africa, Maersk’s proposed GRI on dry shipments will be $200 per 20-foot container, effective May 16.

Separately, Maersk said it will apply a rate increase of $500 per 20-foot and $1,000 per 40-foot container on trades from Southeast Asia to Australia, starting May 1.

The Journal of Commerce Online

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