The liner carrier Mediterranean Shipping Co. said Friday it will raise U.S. export rates to the Far East beginning Nov. 1.
The increases are $100 per 20-foot and $200 per 40-foot dry container, port-to-port, and $150 per 20-foot and $250 per 40-foot dry container for intermodal movements.
For reefer cargo, the increases are $200 per 20-foot and $300 per 40-foot container for port-to-port or intermodal shipments.
“In the coming months, in anticipation that seasonal tonnage will traditionally increase and therefore there will be a tightening in terms of equipment in the market, MSC wishes to ensure that its industry clients have sufficient availability,” the line said in a statement.