Marianas Express raises box rates
Philippines-based ocean carrier Marianas Express Tuesday announced higher rates throughout its service area, which will take effect Sept. 15.
The firm, which runs primary routes throughout the Asian East Coast, Japan and Australia, is increasing the per-TEU cost by $50. FEU (40-foot equivalent unit) costs will increase $100. The firm cited rising fuel costs and increases in cargo handling costs, charter hires and container repairs.
The 10-year-old firm will also begin charging an additional $100 per TEU of outbound scrap arriving, and $200 to receive a FEU container. The firm cited the expiration of a special recycling rate for the increase.
Marianas Express raises box rates
