COSCO raises EB transpac rates

   COSCO Container Lines said last week it will attempt to raise rates on the eastbound transpacific from Jan. 1 in line with guidelines issued by the Transpacific Stabilization Agreement.
   The China-based line will seek increases of $320 per 20-foot container, $400 per 40-foot container, $450 per 40-foot high-cube container, and $506 per 45-foot container on shipments from all parts of Asia to the United States and Canada.
   The TSA advised its member lines, of which COSCO is one, to seek interim rate increases of $400 per FEU on Jan. 1 to boost rate levels ahead of spring service contract negotiation on the transpacific.