The word sustainability has been used often to describe the environmentally sensitive and fuel-efficient business programs adopted by ocean carriers and other companies worldwide. In the midst of this unprecedented global economic recession, however, the word sustainability is taking on new meaning.

The ocean carrier industry collectively is projected to lose more than $20 billion in 2009. Rates have fallen in every major trade lane to the point that every carrier can expect to lose money on almost every shipment it accepts. This is the definition of unsustainability. The course must be turned or the industry's ability to serve the needs of shippers worldwide will be called into serious question. In order to do so, Evergreen Line has implemented a series of rate restoration programs in the Transpacific Westbound trades for exempt and non-exempt commodities and Transatlantic Eastbound will also have up coming rate restoration programs. Evergreen will remain committed to rate restoration until such time that container freight rates reach compensatory levels.

Evergreen's rate restoration programs are as follow:
Transpacific Westbound
Effective: August 01, 2009

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Commodity: Metal Scrap
1. From USLAX, USOKL port/port :
Quantum: US$40/20' container
US$50/40' and 40' high-cube container

2. From USEC port/port:
Quantum: US$80/20'container
US$100/40' and 40' high-cube container

3. From All Inland points via either USWC or USEC (IPI):
Quantum: US$80/20' container
US$100/40' and 40' high-cube container

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Commodity : Woodpulp, Lumber and Logs, Kraft Linerboard,
Paperboard, Plywood, Newsprint and Paper products.
From/via USEC ports To F.E.
Quantum: US$80/20' container
US$100/40' and 40' high-cube container
Effective date: August 15, 2009

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Commodity : All dry commodities but excluding following:
Waste Paper, Metal Scraps, Hay, Cotton, Agriculture
Products, Plastic Scrap, Forest Products (Lumber / Woodpulp / Kraft Liner Board)
From: USA to Far East
Quantum : US$80/20' container
US$100/40' and 40' high-cube container
US$100/45' high-cube container

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Commodity : Plastic Scrap (Including Rubber Scrap)
From: USA to Far East
Quantum : US$120/20' container
US$150/40' and 40' high-cube container
US$150/45' high-cube container

Transatlantic Eastbound
Effective: August 01, 2009

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Commodity : All dry and reefer
From/via USWC ports To Europe via Asia
Quantum : US$200/20' container
US$300/40' and 40' high-cube container
Effective: September 01, 2009

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Commodity : All dry and reefer
From/via USEC and Gulf ports To Europe
Quantum : US$200/20' container
US$300/40' and 40' high-cube container