ACL hikes rates on North Atlantic

ACL hikes rates on North Atlantic    Atlantic Container Line announced a two-stage general rate increase on its North Atlantic services.
   ACL will implement identical rates increases Dec. 1 and Feb. 1, in the eastbound and westbound direction. On Dec. 1 rates will increase $300 on 20-foot containers and $600 on 40-foot containers. On Feb. 1 the increases will be $250 on 20-foot containers and $350 on 40-foot containers.
   The company said it was increasing rates because the North Atlantic trade “has experienced a significant deterioration in freight levels during the course of 2009. At the same time, cost levels have been impacted by rising fuel prices and the declining dollar resulting in an untenable situation.”