Cosco to levy US$500/TEU rate hike from Asia to South America April 15

2012 03 22


COSCO Container Lines has announced plans to raise its container shipping freight rates from Asia to South America from April 15.

The increase will be US$500 per TEU and $1,000 FEU, or 40-foot high-cube. The coming increase hike will apply to both dry and refrigerated cargo, a statement said.

Source Shipping Gazette - Daily Shipping News
 

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