MSC Adds U.S-South America Rate Hikes

4/15/2010 9:57:47 AM

Mediterranean Shipping Co. will raise prices on U.S.-South America trade lanes next month, taking this year’s rate increases to new markets, the carrier announced Monday.   MSC, the world’s second largest ocean container carrier, said the “rate restoration” will be effective May 20 on business from the United States to the east coast of South America.   The rates will rise $150 per 20-foot container and $250 per 40-foot container.   The Journal of Commerce Online

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