ESPMC-WITASS announces northbound rate increases

ESPMC-WITASS announces northbound rate increases Member lines of the ESPMC-WITASS conference Friday announced a planned rate increases for northbound services from the East Coast of South America and the Caribbean to Europe.
   Effective Jan. 15, the increase will be $75 per TEU for dry containerized cargo, and $150 per TEU for refrigerated cargo.
   There will be an additional increase of $75 per TEU of dry cargo, effective April 1.
   In addition, the conference said it would implement a peak season surcharge from Feb. 15 through June 30 of $175 per TEU for both dry and refrigerated cargo.
   The conference announced planned increases from the West Coast of South America
earlier last week.