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P&O Nedloyd Raises Canadian Box Rates

Maritime Activity Reports, Inc.

November 24, 1999

P&O Nedlloyd will raise rates on its westbound Canada service twice early next year. An increase of $200 per 20 ft container (teu) and $250 per 40 ft container (feu) would be sought from January 1. A second general rate increase of $250 per teu would apply from April 1. heavy interest payments.

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