SHIPPING FREIGHTS.
WHOLESALE REDUCTION.]
(Australian and N.Z. Cable Association. , *
NEW YORK, Friday
The New York Times' correspondent at Washington states that the United States Shipping Board has announced a wholesale reduction in ocean freight rates from the United States to Eur-i ope.
It is thought that this will enable American shippers to compete with Britain and otheri foreign nations.
The reductions include:—Naked steel, 15 dollars per ton; packed steel, IS dollars; rough measure cargo, 25 dollars; fine measure cargo, 30 dollars. The rates apply per ton of 2240 pounds, or 40 cubic feet, at ship's option. The reduction will bo made effective immediately.
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Bibliographic details
Wairarapa Daily Times, Volume 45, Issue 13753, 4 February 1919, Page 5
Word Count
103SHIPPING FREIGHTS. Wairarapa Daily Times, Volume 45, Issue 13753, 4 February 1919, Page 5
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