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U.S.-South Europe conference raises eastbound rates

U.S.-South Europe conference raises eastbound rates

   The United States South Europe Conference has advised shippers it will increase its eastbound tariff rates effective April 1.

   The new tariff rate increases will be $160 per 20-foot dry container, $200 per 40-foot dry container, $240 per 20-foot temperature controlled container, and $300 per 40-foot temperature controlled container.

   In a statement, USSEC said evident growth in the export trade from the U.S. Atlantic and Gulf coasts to ports in southern Europe “will be sustainable.”

   “However, the need for measures aimed at eastbound tariff rate recovery to sustain the level of service demanded by the trade remains paramount,” the USSEC said.

   The members of USSEC are A.P. Moller-Maersk Sealand, Hapag Lloyd Container Linie and P&O Nedlloyd.