Hapag-Lloyd Sets Rate Hikes on Asia-Europe Trade

7/4/2012 10:50:25 AM

Hapag-Lloyd plans to implement a peak-season surcharge and a general rate increase on Asia-Europe trade, as part of a new rate restoration program.   The peak-season surcharge, which will take effect Aug. 1 and remain in force until Sept. 30, will be $350 per 20-foot and $700 per 40-foot equivalent unit.   The general rate increase, starting Aug. 15, will be $250 per TEU and $500 per FEU.   The German ocean carrier said the increase will apply to all kinds of container equipment shipped from East Asia (excluding Japan) to destinations in North Europe.   The Journal of Commerce Online

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