OOCL Raises Rates from China

10/6/2009 10:29:24 AM

Ocean carrier OOCL will increase its rates on all dry and refrigerated cargo from Hong Kong, Macau and South China to New Zealand, effective Nov. 1.   The “restoration” comes as most large carriers boost rates in a bid to overcome steep declines that persisted through the global recession.   The increases will add $300 per 20-foot equivalent unit and $600 per 40-foot equivalent unit or 40-foot high cube.   The Journal of Commerce Online

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