- Shippers are bracing for a further broadside of rate increases in June across multiple trades, as ocean carriers beef up profits ahead of the peak season.
- After a period of stability, following hikes of up to 200% in the second half of last year, transpacific carriers are rolling out a raft of new GRIs, effective 1 June.
- For example, Hapag-Lloyd is advising its Asia to North America rates will rise by $1,200 per 40ft.
A Loadstar news article reveals that freight rate ‘contagion’ will bring a...
https://mfame.guru/contagion-phenomenon-2-year-profit-for-ocean-carriers/