Evergreen details rate hike on cargo from Asia
Evergreen said it was implementing a general rate increase on U.S.-bound cargo loaded at ports in South Africa as well as the Far East, except for the India Subcontinent.
The increases, effective Aug. 10 are $400 per TEU, $500 per 40-foot container, $563 per 40-foot high-cube container, and $633 per 45-foot high-cube container.
Evergreen is part of the Transpacific Stabilization Agreement, a discussion agreement of 14 liner companies that said earlier this month they would hike rates $500 per 40-foot container — but there seem to be some differences in what areas of Asia carriers are applying the increases to. For example, COSCO said on July 13 it was making similar increases on Aug. 10, but would include India, Pakistan and Sri Lanka in the GRI.
Evergreen's GRI covers all cargo discharged in the United States, including Puerto Rico.
Evergreen details rate hike on cargo from Asia
