Hapag-Lloyd Plans New India Rate Increases

5/5/2012 8:50:14 AM

Hapag-Lloyd will impose a general rate increase on all cargo from the Indian subcontinent to Southeast and Northeast Asia. Effective May 15, the planned increase will be $100 per 20-foot equivalent unit. Separately, the German container carrier said it will apply a $500 per TEU GRI on all shipments from Japan to the subcontinent, starting June 1. The subcontinent region includes ports in India, Pakistan, Bangladesh and Sri Lanka. The Journal of Commerce Online

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