TACA RAISES EASTBOUND TRANSATLANTIC RATES

TACA RAISES EASTBOUND TRANSATLANTIC RATES    The Trans-Atlantic Conference Agreement said Friday it will raise eastbound transatlantic rates, effective Sept. 1
   Rates via Atlantic and U.S. Gulf Coast ports will increase by $120 per 20-foot container, $150 per 40-footer, $300 per 40-foot temperature controlled container and $7.50 per freight ton.
   For shipments via U.S. Pacific Coast ports, the increases are $240 per TEU, $300 per FEU, $300 per temperature controlled FEU and $15 per freight ton.
   “A combination of trading conditions has depressed rates to uneconomic levels”    TACA said. The increase is “a measure towards improving rate viability to sustain the quality of service provided.”
   TACA last raised its eastbound tariff rates by $80 per TEU and $100 per 40- and 45-foot container on April 1.
   TACA member lines are Atlantic Container Line, Hapag-Lloyd, Mediterranean Shipping Co., Maersk Sealand, NYK, OOCL, and P&O Nedlloyd.