OOCL to Hike Trans-Atlantic Rates

5/25/2012 10:19:24 AM

OOCL said it will put a general rate increase into effect on cargo moving in both directions on the trans-Atlantic trade as of July 1.   This is the second time OOCL has posted a trans-Atlantic GRI this year. It raised rates April 1 on all westbound cargo moving between Europe, Canada, and the U.S. via Canadian ports.   OOCL’s newest trans-Atlantic rate increases are: $450 per 20-foot-equivalent unit and $600 per 40- and 45-foot-equivalent units for both westbound and eastbound and applicable to dry and reefer cargo on all the routes and services between Europe, Canada and the U.S. via Canadian ports. $400 per TEU and $500 per FEU and 45-foot container for both westbound and eastbound and applicable to dry and reefer cargo on all the routes and service between Europe and the U.S. $200 per TEU and $300 per FEU and 45-foot container for both westbound and eastbound and applicable to dry and reefer cargo on all the routes and services between Europe and Mexico.   The Journal of Commerce Online

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