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Transpacific container lines to up freight rates

Rates to be raised in two stages, in an effort to halt losses
Thursday, January 30, 2014 - 06:00

[COPENHAGEN] Container shipping lines have agreed to raise Asia-US freight rates in two stages, by US$300 per 40-foot container (FEU) from March 15 and then by an unknown amount from May 1, in an effort to halt losses, their organisation TSA said.The members of the TSA (Transpacific