Maersk NZ says hike in container rates to US ‘won’t be the last’

Thu, 19 Jul 2012

By Hannah Lynch July 19 (BusinessDesk) - Maersk is lifting container rates between New Zealand and the US in the first of what may be a series of price increases as the world's biggest container shipping line seeks a return to profit. The Copenhagen-based company is lifting rates by US$150 per 20-foot container and US$350 per 40-foot container starting on Aug. 15. The level of the rate increase has not been specified. The increases affect rates for dry and reefer shipments from the US to all destinations in Oceania, including New Zealand. "W...

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