Rate hike for reefer boxes

Geneva – Switzerland: Mediterranean Shipping Co is to impose a US$1,500 per reefer box increase from the beginning of the year for cargo moving from Europe to Asia. A similar charge will cover reefer cargo shipped from Europe to the Middle East.

The move follows Maersk Line’s announcement a few months ago that it planned to raise reefer rates from 1 January. Other major container lines are raising their reefer rates: APL announced a $1,500 global increase from 7 January and members of the westbound Transpacific Stabilisation Agreement pushing up prices on the US-Asia route from yesterday.

MSC’s reefer rate hikes, announced just before Christmas, come after Maersk took the lead in September, when CEO Søren Skou announced a $1,500 increase in base rates for 40ft reefer containers.  Skou said then that: “During the last seven years, our reefer rates have not even covered the rate of inflation.”

WORLD NEWS

New controlled environment construction firm launches

Trabuco Canyon, California, USA: Vince Free has set up Freez Construction, a thermal contracting firm. Freez Construction builds “cold storage thermal envelopes within the controlled environment …

READ THE FULL STORY >

Walmart to spend $1.2bn to upgrade logistics in China

Dongguan, China: Walmart has pledged to spend around $1.2bn to build or upgrade more than 10 distribution centres in China over the next 10-20 years. …

READ THE FULL STORY >

OSHA and GCCA renew partnership

Washington, DC, USA: The Global Cold Chain Alliance and the Occupational Safety & Health Administration have renewed their alliance. “We are excited to continue our …

READ THE FULL STORY >

Ceva Logistics plans move into cold chain

Baar, Switzerland: Swiss company Ceva Logistics is planning to develop “value-added sectors such as cold chain logistics”. The move, revealed when the company presented its …

READ THE FULL STORY >

WHAT’S ON

  • Pharma and Biosciences Conference
    The Cool Chain Association Pharma and Biosciences Conference takes place on 23-24 September 2019 in Paris. Contact: www.caasint.com

Latest Tweets

Thank you for the thank you. twitter.com/purplegator/st…

© 2019 Global Cold Chain News | Terms of use | Privacy Policy
Commercial Transport Publishing Limited, registered in England and Wales, Company No: 6453302. Registered Office: 6 Corunna Court, Corunna Road, Warwick CV34 5HQ