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MED/U.S. CONFERENCE INCREASES WESTBOUND RATES

MED/U.S. CONFERENCE INCREASES WESTBOUND RATES

   The United States Southern Europe Conference is the
latest transatlantic carrier group to have announced sharp increases in westbound rates.
   
    Maersk Line, Sea-Land Service and P&O Nedlloyd, the three members
of the conference, will raise rates on Jan. 1 by $240 per 20-foot container and $300 per
40-footer.
    They will hike freight rates again on May 1, but $320 per 20-foot box
and $400 per 40-foot container.