Up next
Tags

Mediterranean Shipping Company (MSC) announced a general rate increase (GRI) for all cargo on the US-Far East trade from March 2012.

The Swiss carrier said the rate hikes are as follows:

• US West Coast—US$50 per 20-foot equivalent unit (TEU); $100 per 40-foot equivalent unit (FEU)

• From intermodal points moving through/via US West Coast—$100 per TEU; $200 per FEU
• US East Coast and Gulf—$100 per TEU; $150 per FEU

• From intermodal points moving through/via US East Coast or Gulf—$100 per TEU; $200 per FEU

The new rates apply from March 1, MSC said in a statement.

 

Photo by pmarkham

You May Also Like

Malaysia’s Port Klang eyeing third terminal

Port Klang, Malaysia’s busiest port, is considering constructing a third terminal after five or six years to augment the capacity of the two existing…
  • July 3, 2013
  • 1 minute read

SCTEX hurting, not helping, Subic ports — SBMA chief

Instead of bringing in more volume to Subic ports, the Subic-Clark-Tarlac Expressway (SCTEX) north of Manila has inadvertently caused the opposite and is luring…
  • September 1, 2011
  • 1 minute read

Hong Kong air cargo traffic down 17% in January

Cargo throughput at the Hong Kong International Airport declined 17.5 percent to 275,000 tonnes in January this year against January 2011 owing to sluggish…
  • February 20, 2012
  • 1 minute read

APEC leaders unveil plan to create competitive roadmap for services sector

Asia-Pacific Economic Cooperation (APEC) leaders have agreed to develop starting next year a long-term roadmap to boost the competitiveness of the services sector in…
  • November 21, 2015
  • 3 minute read