APL increases intra-Asia rates
Container shipping line APL said Friday it will raise rates in the intra-Asia trade.
The proposed general rate increase will affect all trade from the Far East to India and Pakistan. The rises will be $100 per 20-foot container and $200 per 40-foot container, effective March 1.
APL said operating conditions in the intra-Asia trade remained highly challenging, with freight rates at unsustainably low levels and that rate increases are essential for APL to sustain its comprehensive service offering in the trade and high level of reliability.
APL increases intra-Asia rates
