MSC hikes transatlantic rates

MSC hikes transatlantic rates
   Mediterranean Shipping Co. said it will implement general rate increases in the transatlantic on Oct. 1.
   MSC said the rate for cargo moving from the United States, Mexico or Canada to Northwest Europe, including the United Kingdom, will increase $200 for 20-foot containers and $300 for 40-foot containers. For cargo moving to Scandinavia or the Baltic, the increase will be $300 for 20-foot containers and $400 for 40-footers.
   MSC also said freight rates for cargo moving from the Northwest Continent to the United States will increase $200 per 20-foot and 40-footers.
   The increase from the Northwest Continent/Baltic region and the Mediterranean to Mexico and Canada (including Canadian cargo moving cross-border) is $100 for 20-foot containers and $200 for 40-footers.
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