Cosco hikes Far East-South America rates US$400/TEU November 1

COSCO Container Lines has announced it will increase rates on all shipments from the Far East to the east coast of South America from November 1.

The increase will be US$400 per TEU and $800 per FEU and 40-foot high-cube, applying to dry and reefer containers.
(Source:www.schednet.com)