OOCL Hikes Rates from Northeast Asia to Australia

10/2/2010 9:40:19 AM

OOCL plans to increase freight rates for traffic from Northeast Asia (China, Hong Kong, Taiwan and Korea) to Australia on Oct. 15.   The targeted rate increase is $250 per 20-foot equivalent container unit.   OOCL’s latest increase follows its Oct. 1 increase of $300 per TEU in rates for containers shipped from Southeast Asia (Singapore, Malaysia, Thailand, Indonesia, Vietnam, Cambodia, Philippines, Indian subcontinent and Middle East) to Australia.   The Journal of Commerce Online

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