NYK Line plans to boost freight rates on trans-Atlantic cargo moving in both directions as of July 1. Carriers have cut so much capacity from the trade that ships have been running close to full in both directions this spring as demand recovered. NYK will boost rates by $300 per 20-foot-equivalent unit and $500 per FEU. NYK said the GRI will apply to all dry and refrigerated containers to and from ports in the U.S. and Canada, and all locations in Northern Europe. |