OOCL to Hike Trans-Atlantic Rates on July 1

6/4/2013 8:37:47 AM

OOCL will boost rates on its trans-Atlantic trade, beginning July 1. The increase will be $150 per 20-foot container and $250 per 40-foot and 45-foot container for westbound dry cargo from Europe to the U.S., Canada and Mexico. CMA CGM has also planned North Europe-to-North America and Europe-to-U.S. rate hikes to take effect the same day.  Trans-Atlantic container rates rose significantly in the week of May 30. Furthermore, OOCL will raise rates on its trade from Southeast Asia to Australia, starting July 1. The hike will be $150 per 20-foot-equivalent unit.  The Journal of Commerce

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