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Cosco to hike Far East-US rate $300/FEU May 1 and again on May 15
COSCO has announced two dates - May 1 and May 15 - to implement a range of rate increases on cargo from the Far East and Indian subcontinent to all US destinations.
From May 1, rate increases will be US$240 per TEU, $300 per FEU, $338 per 40-foot high cube and $388 per 45-footers.
From May 15, rate increases will be repeated, that is $240 per TEU, $300 per FEU, $338 per 40-foot high cube and $388 per 45-footers.
The Far East and Indian subcontinent includes Bangladesh, Brunei, Burma, Cambodia, mainland China, Hong Kong, Macao, Taiwan, India, Indonesia, Japan, Korea, Malaysia, Pakistan, Philippines, Singapore, Sri Lanka, Thailand and Vietnam.
From May 1, rate increases will be US$240 per TEU, $300 per FEU, $338 per 40-foot high cube and $388 per 45-footers.
From May 15, rate increases will be repeated, that is $240 per TEU, $300 per FEU, $338 per 40-foot high cube and $388 per 45-footers.
The Far East and Indian subcontinent includes Bangladesh, Brunei, Burma, Cambodia, mainland China, Hong Kong, Macao, Taiwan, India, Indonesia, Japan, Korea, Malaysia, Pakistan, Philippines, Singapore, Sri Lanka, Thailand and Vietnam.
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