Maersk Line, the world’s biggest cargo shipping company, announced general rate increases (GRIs) from the U.S. to Asia starting November 15, 2011.

The Copenhagen-based global containerized division of A.P. Moller – Maersk Group will impose a rate hike of $180 per 20-foot container and $200 for every 40-foot container, high-cube, and 45-foot container, according to an online report from The Journal of Commerce.

The increases cover all westbound cargo shipped from ports in the U.S., Guam, Puerto Rico, and the U.S. Virgin Islands to ports in Asia, including Brunei, Cambodia, China, Hong Kong, Indonesia, Japan, South Korea, Laos, Macau, Malaysia, Mongolia, Philippines, Singapore, Taiwan, Thailand, Timor-Leste and Vietnam.

 

Photo from Maersk

You May Also Like

No spectacular airfreight upswings ahead, says IATA

Global air cargo has cleaved to a modest growth pattern, as data for March shows just a 1.6% rise in volumes, measured in freight…

Look local, PH exporters urged

With the world economy in turmoil, the domestic sector has now become a lucrative market for Philippine-based manufacturers and exporters, according to the Philippine…

Freight forwarding outlook sustains upbeat mood—survey

The airfreight logistics market is experiencing rising optimism, and even the overall sea freight outlook is more upbeat despite showing a decline in confidence…