P&O NEDLLOYD INCREASES EUROPE/MONTREAL RATES
P&O Nedlloyd said that it will increase westbound freight rates on cargoes moving in its non-conference northern Europe/Montreal service, effective April 1.
The increases will be $200 (U.S.) per 20-foot container and $275 per 40-footer.
“This may be followed by a further general rate increase later in the year,” a spokesman for the carrier said.
P&O Nedlloyd’s move towards higher rates follows the recent announcement by the Northern Europe/Canada conferences of westbound rate rises of $150 per 20-foot container and $250 per 40-foot box, also effective next April.
The Canada Express service of P&O Nedlloyd and partners calls at Rotterdam, Felixstowe and Bremerhaven in Europe and Montreal in Canada.