Matson raises rates on China/Long Beach service
Matson Navigation Co. said Friday it will implement an across-the-board freight rate increase in its China-Long Beach Express of $300 per 40-foot container for cargo moving to the West Coast and $650 per FEU for inland points and mini-landbridge intermodal shipments, effective May 1.
'February marks the first anniversary of Matson's China-Long Beach Express,' said Dave Hoppes, senior vice president, ocean services, in a statement. 'In our first year of operation, Matson has consistently delivered a premium, expedited service from Ningbo and Shanghai to Long Beach. Our 10.2-day transit time from Shanghai has exceeded our own published schedules, and beats our competitors by at least two to three days. In addition, we offer customers next-day cargo availability in Long Beach, further expediting the level of service we provide.'