Maersk raising rates on Asia backhaul

Maersk raising rates on Asia backhaul Maersk Line said Thursday it will raise rates on services from the United States and Canada to most of Asia, 'a direct result of the high fuel costs as well as the strong export market growth to the Far East resulting in a continuous pressure on equipment and space in key export origin locations,' the carrier said.
   The rate increase, which applies to all cargo under Maersk Line independent tariffs and service contracts as agreed with its customers individually, includes services to Brunei, Cambodia, China, Hong Kong, Indonesia, Japan, South Korea, Laos, Macau, Malaysia, Mongolia, Philippines, Singapore, Taiwan, Thailand, and Vietnam.
   Rates will increase $160 per TEU (dry), $200 per FEU (dry and high cube), and $220 per 45-foot high cube container, and will be effective from Tuesday.