Mediterranean Shipping Co., will increase rates on all southbound cargo from Europe and the Mediterranean to Australia and New Zealand, effective April 1.
CMA CGM announced a peak season surcharge from all Asian ports to all northern European ports. The surcharge will be $250 per 20-foot container, effective Jan. 28.
The European Union and 10 Latin American countries recently signed an agreement regarding banana import tariffs, settling the longest-running series of disputes in the history of the multilateral trading system, dating back 20 years, according to the World Trade Organization.