Maersk Hikes India-South America Rates

8/19/2011 10:07:34 AM

Maersk Line announced a general rate increase on cargo shipped from the Indian Subcontinent to the east coast of South America.   Effective Sept. 15, the proposed increase will be $200 per 20-foot container and $400 per 40-foot container.   The Danish carrier will also apply a $500 per-TEU increase on shipments moving from Far East Asia to South America’s east coast, starting Sept. 1.   The Journal of Commerce Online

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