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Maersk Line levies raft of transpacific rate hikes from September 1

   August 11--MAERSK Line, the world's biggest container carrier, has an announced a rate increase on cargo from the Far East to the United States and Canada of US$800 per TEU, $1,000 per FEU, $1,000 per FEU high cube and reefer, and $1,250 more per 45-footer from September 1.

 
  Maersk has also announced a rate increase on cargo from the Middle East bound for the US and Canada of US$400 per TEU, $500 per FEU, $500 per FEU high cube and reefer and $575 per 45-footer from September 1.
 
  Maersk Line will also raise rates United States and Canada to Philippines $250 on reefer cargo (frozen meats) per FEU starting September 1.
 
  Maersk said the increase applies to all contract rates expiring on August 31.
 
(Source:shippingazette)