Hanjin Shipping to raise transatlantic rates

Hanjin Shipping to raise transatlantic rates    Hanjin Shipping said it will raise rates for all North American shipments to and from North Europe and the Mediterranean is by $250 per TEU and $350 per 40-foot equivalent unit on Dec. 1.
   “Despite the company's continuous efforts to reduce costs, this rate restoration is inevitable in order to maintain quality service to its customers under the current economic climate,” the Korean carrier said.
   The increase applies to all cargo including that moving in dry, reefer, and special containers.