Maersk raises Middle East/India-to-Europe rates

Maersk raises Middle East/India-to-Europe rates    Maersk Line said this week it is raising rates on shipments from the Middle East and Indian Subcontinent to Northern Europe and the Mediterranean.
   The increase, $200 per 20-foot container and $400 per 40-foot container, takes effect Feb. 1.
   “Over the last two months, rates in the Middle East-Europe trade have eroded significantly,” the line said.