ESPMC-WITASS conference to raise rates
The freshly merged ESPMC-WITASS conference said today that it will implement two stages of rate restoration in the southbound trade from Europe to the West Coast of South America and the Caribbean.
Effective from September, the conference will raise rates by 150 euros ($190) per TEU. A second increase to be effective from Dec. 1 will be announced soon.
“The lines trust that customers will appreciate that these measures are necessary to deal with the high level of costs incurred in the operation of services in this trade,” the ESPMC-WITASS said.
Member lines of the conference are: CMA CGM, Compania Sud Americana de Vapores, Hamburg Sud, Hapag-Lloyd and “K” Line.
ESPMC-WITASS conference to raise rates
