JAPAN's biggest container shipping company MOL will implement a US$750 per TEU rate hike together with increases for reefer as dry FEU of $1,000 from December 1 on all cargo from Asia to the east coast South America.
MOL said its General Rate Restoration is necessary to "sustain the high quality service level", MOL said.
Earlier, MOL announced a US$500 per TEU rate increase from December 1 on all cargo from Asia to Mexico and west coast of South America.
In its notice to trade, the company said: "We would like to express our sincere appreciation for your continued support and understanding."
MOL said its General Rate Restoration is necessary to "sustain the high quality service level", MOL said.
Earlier, MOL announced a US$500 per TEU rate increase from December 1 on all cargo from Asia to Mexico and west coast of South America.
In its notice to trade, the company said: "We would like to express our sincere appreciation for your continued support and understanding."
