Rate Increases on the Far East and Indian Sub-Continent to Europe and Mediterranean Westbound Trades
The overall capacity of Far East to Europe and Mediterranean Westbound Trades has been reduced by 23% in 2009 compared to correspondent period last year whilst Evergreen Line decreased nearly 38%. Following with the traditional peak season, we have seen the volume resumed steady and it brought overbooking to all the westbound trade lanes, therefore Evergreen Line is quite confident with the market environment and is pretty sure that our valuable customers realized such a situation.
In view of above, Evergreen Line decides to implement the GRR plan on the Far East and Indian Sub-Continent to Europe and Mediterranean Westbound Trades as follows,
Service Scope I : From Far East (Including Japan) and Indian Sub-Continent to Mediterranean Westbound Trades
Effective Date : August/15/2009 (on board date)
Quantum : USD 250/Teu
Service Scope II :
From Far East (Including Japan) and Indian Sub-Continent to Europe Westbound Trades
Effective Date : September/01/2009 (on board date)
Quantum : USD 250/Teu
Remarks
The increases apply to all cargo and commodities, including reefers and special equipment.
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