MSC Hikes US-Asia Rates

10/31/2009 10:28:57 AM

Mediterranean Shipping Co. will increase rates on westbound cargo from the United States to Asia, effective Nov. 16.   For all commodities including exempt but not including reefer cargo, the increase will be $200 per 40-foot equivalent unit and $150 per 20-foot equivalent unit. The same increase applies to cargo whether it is from the U.S. West Coast, originating from intermodal points and moving through or via U.S. West Coast ports, originating from the East Coast or Gulf ports, or from intermodal points and moving through or via U.S. East Coast or Gulf ports.   Under the same conditions, reefer cargo rates will increase $250 per FEU and $190 per TEU.   The Journal of Commerce Online

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