NYK said Monday it will increase freight rates on containers moving in both directions on its trans-Atlantic services as of Oct. 1.

NYK's announcement came hard on the heels of a similar announcement earlier in the day by OOCL.

The NYK increase, which applies to all cargo under NYK Line independent tariffs and service contracts, is $150 per 20-foot equivalent container unit and $300 per 40-foot unit.

Source:JOC