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APL said it plans to hike refrigerated container rates globally by $1,500 on Jan. 7.
"Rates are currently at
unsustainable levels, and we face the challenge of escalating
operational costs, which show no signs of abating," the Singapore-based carrier said.
APL's action follows similar decisions to hike reefer rates by other carriers, including Maersk.
According to a statement from the port authority, all terminals were operating normally on Thursday.
More than 40% of retailers and manufacturers plan to shift volume to East Coast ports on a long-term basis as a result of chronic congestion on the West Coast, according to the findings of a new American Shipper research report.
Shipper group also calls on carriers to quit discussion agreements, conferences.
Bipartisan legislation was introduced Thursday on Capitol Hill to extend TPA to President Obama.
Tampa, Mobile and Houston joined forces to lure container lines.
The Shanghai Shipping Exchange shows spot rates to Europe at low of $399 per TEU.