Hapag-Lloyd July 15th increase freight

German Hapag-Lloyd company announced on July 15th, will increase the number of the Far East, South America route to increase freight.

Far east to the east coast of South America routes will increase to $500 per TEU; far east to Mexico, Central America and the west coast of South America routes will increase to $400 per TEU; far east to the Caribbean and Panama routes will rise to $560 per TEU and $800 each big cabinet.

The company will also increase from Asia (including China, Korea, and Hongkong and Taiwan) to the Australian freight, an increase of $300 per TEU, which came into force in August 1st.

Source: Ta Kung Pao