APL said it plans to hike refrigerated container rates globally by $1,500 on Jan. 7.
“Rates are currently at
unsustainable levels, and we face the challenge of escalating
operational costs, which show no signs of abating,” the Singapore-based carrier said.
APL’s action follows similar decisions to hike reefer rates by other carriers, including Maersk.
APL announces global hike in reefer rates
