• ITVI.USA
    14,237.430
    109.200
    0.8%
  • OTRI.USA
    21.810
    -0.160
    -0.7%
  • OTVI.USA
    14,212.180
    102.900
    0.7%
  • TLT.USA
    2.800
    -0.010
    -0.4%
  • TSTOPVRPM.ATLPHL
    2.290
    -0.190
    -7.7%
  • TSTOPVRPM.CHIATL
    2.760
    -0.310
    -10.1%
  • TSTOPVRPM.DALLAX
    1.320
    -0.050
    -3.6%
  • TSTOPVRPM.LAXDAL
    2.040
    -0.240
    -10.5%
  • TSTOPVRPM.PHLCHI
    1.870
    -0.030
    -1.6%
  • TSTOPVRPM.LAXSEA
    2.630
    -0.090
    -3.3%
  • WAIT.USA
    127.000
    0.000
    0%
  • ITVI.USA
    14,237.430
    109.200
    0.8%
  • OTRI.USA
    21.810
    -0.160
    -0.7%
  • OTVI.USA
    14,212.180
    102.900
    0.7%
  • TLT.USA
    2.800
    -0.010
    -0.4%
  • TSTOPVRPM.ATLPHL
    2.290
    -0.190
    -7.7%
  • TSTOPVRPM.CHIATL
    2.760
    -0.310
    -10.1%
  • TSTOPVRPM.DALLAX
    1.320
    -0.050
    -3.6%
  • TSTOPVRPM.LAXDAL
    2.040
    -0.240
    -10.5%
  • TSTOPVRPM.PHLCHI
    1.870
    -0.030
    -1.6%
  • TSTOPVRPM.LAXSEA
    2.630
    -0.090
    -3.3%
  • WAIT.USA
    127.000
    0.000
    0%
American Shipper

TRANSATLANTIC CARRIERS ASK $320-PER-TEU RATE INCREASE

TRANSATLANTIC CARRIERS ASK $320-PER-TEU RATE INCREASE

   Shipping lines of the Trans-Atlantic Conference Agreement have notified shippers of their plan to introduce large rate increases in the westbound northern Europe-to-U.S. trade, effective Oct. 1.

   The “general rate increase” amounts to $320 per 20-foot container, $400 per 40 or 45-foot container, or $20 per freight ton.

   The Trans-Atlantic Conference Agreement had warned last month (July) of what it described as the “compelling need for the introduction of a westbound general tariff rate increase programme.”

   “This increase is needed to move towards restoring profitability in the trade to underpin the level of service demanded by customers,” a spokesman for the carrier group said.

   As usual, the rate increase will not apply to shippers’ existing service contracts, but it will be used a negotiation benchmark for future contracts and for cargoes that move under tariff rates.

   The Trans-Atlantic Conference Agreement carriers are Atlantic Container Line, Hapag-Lloyd, Mediterranean Shipping Co., Maersk Sealand, NYK Line, Orient Overseas Container Line and P&O Nedlloyd.