OOCL to hike southeast Asia-Australia rate US$200/TEU January 15
Sources of information: Qingdao Jinhan International Logistics
Date Time: 2013-12-26
HONG KONG's Orient Overseas Container Line (OOCL) has announced a US$200 per TEU ($400/FEU) rate increase on dry and reefer cargo shipped from southeast Asia to
"Rates continue to be below the required level to cover basic operating costs or transportation costs in our southeast Asia-Australia services," said the OOCL notice to trade.
The rate applies to cargo shipped from
OOCL said the increase was necessary to "maintain a high standard service level and a comprehensive liner network" and that the charge would apply on top of existing ongoing market rates and will be subject to accessorial surcharges applicable at the time of shipment.
