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Asia/West Coast South America carriers increase rates

Asia/West Coast South America carriers increase rates

   Shipping lines of the Asia/West Coast South America Discussion Forum intend to increase freight rates several times in 2004.

   Effective Jan. 1, the carrier group will increase rates by $300 per TEU. On April 1, rates will rise a further $200 per TEU. A peak season surcharge of $200 per TEU will also be charged from July 1 to Nov. 30.