MOL ups Asia-east coast South America rate US$500/TEU from September

8/16/2013 8:48:39 AM

JAPAN's biggest ocean carrier, MOL, has announced a US$500 per TEU and a $1,000 per FEU rate increase on all cargo moving from Asia to the east coast of South America from September 1. "This general rate restoration action is essential for us to sustain our service levels," said the company statement, adding that Asia included the Indian sub-continent.  Asian Shipper News

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