TACA reaffirms Oct. 1 rate increases
Ocean carrier members of the Trans-Atlantic Conference Agreement have reconfirmed increases in the conference's tariff general rates effective Oct. 1.
For both westbound and eastbound cargoes, the rate increase is $240 per 20-foot container and $300 per 40-foot container. 'The westbound and eastbound legs have continued to be very strong throughout the summer months, with the challenge of the heaviest demand quarter yet to come,' TACA said in a statement.
TACA's members are Atlantic Container Line, Hapag-Lloyd, Mediterranean Shipping Co., A.P. Moller-Maersk Sealand, Nippon Yusen Kaisha (NYK) Line, Orient Overseas Container Line and P&O Nedlloyd.