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ACL to Raise Trans-Atlantic Rates

2/23/2010 10:22:45 AM

Atlantic Container Line said it will raise rates on east- and westbound trans-Atlantic cargo, effective April 1.

 

The increases, which are the same for cargo moving in both directions, are $250 per 20-foot container and $400 per 40-footer.

 

The move continues a trend in multiple trade lanes after carriers reduced capacity amid the global trade downturn. Several carriers, including Evergreen Line, OOCL, NYK Line and Mediterranean Shipping, have raised trans-Atlantic rates in recent months.

 

The Journal of Commerce Online

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