EUROPE/CANADA CONFERENCE LINES RAISE RATES
Shipping lines of the Continental Canadian Westbound Freight Conference and the Canadian North Atlantic Westbound Freight Conference plan to increase freight rates from Europe to Canada on Oct. 1.
The proposed “general rate increase” would amount to $100 per 20-foot container and $150 per 40-foot box.
The carriers cited “the continuing strong westbound market from Europe to Canada,” and said that the increases are part of a revenue restoration program.
The Europe/Canada conference lines are Atlantic Container Line, Canada Maritime, Cast, Hapag-Lloyd Container Line and Orient Overseas Container Line.