MOL increasing rates June 1

MOL increasing rates June 1    Japanese container line MOL has announced a series of rate hikes and surcharges effective June 1.
   On the transatlantic trade, MOL will increase rates $300 per 20-foot container and $400 per 40-foot container eastbound from U.S. ports to ports in Europe. The increase applies to shipments that originate at inland points and move via U.S. ports.
   On the transpacific trade, the carrier will increase rates from Canada to Asia by $160 per 20-foot container and $200 per 40-foot or 40-foot high-cube container. MOL will increase its origin documentation fee for Canada-to-Asia shipments from $25 to $50.
   From Asia and the Indian Subcontinent, MOL will begin charging a $250-per-TEU peak season surcharge on shipments to a host of ports in Latin America, including Balboa, Manzanillo, Colon Free Zone, Panama City, Barranquilla, Cartagena, Puerto Lim'n, San Jose, Rio Haina, La Guaira, Puerto Cabellom, Puerto Sucre, San Juan, Manaus, and Vila do Conde.