Hanjin Shipping restores rates in Trans-Atlantic trade

Hanjin Shipping is restoring freight rates in the Trans-Atlantic trade effective December 1st, 2009.
The amount of rate increase for all North American shipments to and from North Europe and the Mediterranean is USD 250 per TEU and USD 350 per FEU.
Hanjin Shipping comments that despite the company's continuous efforts to reduce costs, this rate restoration is inevitable in order to maintain quality service to its customers under the current economic climate.

(Source: Transport Weekly)