Jun.08--Carrier plans to push rates up starting July 1
    Maersk Line plans to apply a series of general rate increases on major trade lanes that will take effect in July.
    The Danish carrier said it will push its rates up by $200 per 20-foot container and $300 per 40-foot/45-foot high cube container on cargo from the Mediterranean to the Indian subcontinent and the Middle East, starting July 1. The subcontinent includes India,  Pakistan, Bangladesh and Sri Lanka.
    From North East Asia to Australia and New Zealand, the carrier will increase rates by $300 per 20-foot container and $600 per 40-foot container, effective July 1.
    Rates on shipments from Canada to Far East Asia will go up by $80 per 20-foot container and $100 per 40-foot/high cube container, effective July 1.
    Maersk will seek a rate hike of $400 per container on trade from the east coast of South America to the Middle East and the Indian subcontinent, starting July 15.
    “In order to continue offering our broad portfolio of services and high level of reliability, it will be necessary for us to implement a number of rate increases/restorations,” the carrier said.

(Source:JOC)