Independent journal on economy and transport policy
21:36 GMT+2
FEFC Confirms Rate Hike Attempts at Tokyo Meeting
(Cyber Shipping Guide - Ocean Commerce)
March 4, 1999
At a principals meeting held on Tuesday in Tokyo, the Far Eastern Freight Conference (FEFC) worked up a eastbound rate restoring plan as well as confirming a series of westbound rate increases. Under the plan, freight rates for westbound shipments from Asia to Europe will be further raised on July 1 by $300 per TEU and $600 per FEU in addition to the proposed ...... Read more on Cyber Shipping Guide - Ocean Commerce
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