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Hapag-Lloyd ups rates US$200/TEU from South America to North America

GERMAN container shipping giant Hapag-Lloyd has announced it will increase rates for all cargo from Brazil, Argentina, Uruguay and Paraguay to Canada, the US Mexico, Central America and Caribbean ports.

The increase, US$200 per TEU and $300 per FEU will take effect May 15 and apply equally to dry and reefer cargo. 
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