MEMBER shipping lines of the US Australasia Discussion Agreement has announced a rate increase from the US to Australia and New Zealand of US$125 per TEU on dry and reefer boxes from September 15.

The six container shipping lines said in a report from American Shipper that the decision is not binding and rates increases will be assessed on a voluntary basis by individual lines.

USADA members are CMA CGM, Hamburg Sud, Hapag-Lloyd, Marfret, Maersk Line, and US Lines.
(Source:www.schednet.com)