Cosco to hike Far East-US rate $300/FEU
Source:transportweekly 2014-2-12 10:13:00
Cosco has announced two dates-March 15 and May 1 - to implement a range of rate increases on cargo from the Far East and Indian subcontinent to all US destinations.
(Incorrect dates were given for the increase in an otherwise identical report on Monday. We apologise for any inconvenience our error caused.)
From March 15, rate increases will be US$240 per TEU, $300 per FEU, $338 per 40-foot high cube and $388 per 45-footers.
From May 1, rate increases will be repeated, that is $240 per TEU, $300 per FEU, $338 per 40-foot high cube and $388 per 45-footers, according to Shipping Gazette.