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Matson Hikes Rates, Fees

12/1/2009 9:42:51 AM

Matson announced a rate increase for its Hawaii service and for its Guam and Micronesia services. The company is also hiking terminal handling charges. Including both charges the average increase is approximately 7.6 percent, according to Matson’s figures.

 

The freight rates for Hawaii will increase by $120 per westbound container and $60 per eastbound container effective Jan. 3, 2010. Terminal handling charges will go up by $125 per westbound container and $60 per eastbound container, also effective Jan. 3.

 

For the Guam and Micronesia services, freight rates will increase by $120 per container, whether westbound or eastbound. The rate increase also applies to the Commonwealth of the northern Marianas Islands, the Republic of Palau, the Federated States of Micronesia and the Republic of the Marshall Islands. Terminal handling charges for these services on the U.S. West Coast will go up by $125 each for westbound and eastbound containers. Freight and terminal handling increases will go into effect Jan. 31, 2010.

 

The Journal of Commerce Online

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