Hanjin Shipping restores rates in Asia - Europe trade

Hanjin Shipping is restoring freight rates of Asia - Europe trade effective September 1st, 2009. 
Hanjin Shipping reveals that this rate restoration is part of the company’s plan to improve the deteriorated profitability caused by the unsustainable rates in the major trades.
The company comments, “In addition to this rate restoration, we are continuously making company-wide efforts to reduce costs so that we can provide our customers with satisfying service.”

(Source: Transport weekly)