Hamburg Süd announces rate increase
HAMBURG Süd is set to increase the freight rates for its westbound transatlantic traffic, writes Friederike Krieger in Cologne. From April 10, rates on the services from Europe to the American continent will rise by $160 per teu and by $200 per feu. “We have to increase prices because the present rates are not covering our costs,” said spokeswoman Eva Graumann. On March 9, Hamburg Süd said it would reduce its service between ports in the Mediterranean and the east coast of South America, thereby eliminating overcapacity, which brought down prices.
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792
Request a Demo Getting a demo tailored to your needs is the best way to see how our solutions will help you gain an advantage.
Register for our free email digests: