The three-carrier conference, which comprises Maersk Sealand, Hapag-Lloyd and P&O Nedlloyd, said it expects to implement a westbound tariff general rate increase program in three stages over April-October 2005.
The proposed rate increases, applicable to both dry and reefer containers, are:
* $400 per 20-foot container and $500 per 40- or 45-foot box, effective April 1.
* $160 per 20-foot container and $200 per 40- or 45-foot box, effective July 1.
* A yet-to-be-determined increase, effective Oct. 1
The carrier group cited increased costs in many areas of operation as the background for the rate rises.
Brokerage Compliance Symposium
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The day before F3. Every compliance issue you face - fraud exposure, carrier liability, FMCSA rules, cargo theft, insurance gaps - navigated by attorneys and operators defining best practices in a changing industry.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowThe night before F3. FreightTech100 companies honored. FreightTech 25 and Shipper of Choice winners revealed live. Cocktail reception into dinner and live music - 300 industry leaders in one purpose-built room.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register NowIndustry-defining keynotes, rapid-fire technology demos, and industry leaders networking in experiences across Chattanooga - plus the inaugural F3 Awards Dinner featuring the FreightTech and Shipper of Choice reveals.
The Signal at Chattanooga Choo Choo • Chattanooga, TN Register Now