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NASA News
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ATTEMPT
TO REVERSE DECLINE IN FRIEGHT REVENUES In an attempt to reverse recent declines in freight revenues the conference carriers of the United States Australasia Agreement are developing large increases in southbound rates from the United States to Australia and New Zealand. On April 1 conference lines will increase rates by $350 per 20-ft container and $575 per 40-ft container. The conference said that freight revenues have fallen while carrier operating expenses have steadily increased. The cost in fuel, land transportation and labor cost has also increased. The carriers of the U.S./Australasia conference are Australia-New Zealand Direct Line, Columbus Line, CMA CGM, Contship Containerlines, P&O Nedloyd and Wallenius Wilhelmsen. |
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