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Zim to raise Asia/Europe rates in August

Zim to raise Asia/Europe rates in August

   Container line Zim said Monday it will raise rates from Asia and the Indian Subcontinent to all parts of Europe beginning Aug. 1.

   The $400-per-TEU increase applies to all Mediterranean, Israel, Black Sea and North Europe destinations.

   The line said the increases are needed 'in order to maintain our current levels of service and high reliability.'