rnrnThe increase is applicable for UK, Continent, Scandinavian and Mediterranean destinations.
rnrnIn a statement issued today, Shippers quote Council Chairman Ravi Ratnapala said that IPBCC has been clearly informed of the inability of the local export sector to absorb the steep hike given the present state of the economy.
rnrnldblquote However, for good order sake the SLSC committee agreed to grant an increase of US$ 50/20 quote and US$100/40 quote FCL and established a base rate of US$ 500/20 quote and US$ 1000/40 quote , on top of which the increase would be applicable dblquote , the statement said.
rnrnIPBCC has agreed to respond to this counter offer by today, and since the deadline has elapsed Shippers quote Council has decided to formally reject the proposed rate increase.