News / Little hope for Asia-North Europe rate increases ahead of P3 launch in autumn

09/06/2014

Hapag-Lloyd is set to announce a $1,000 per teu general rate increase (GRI) on the Asia-Europe westbound tradelane on July 9, following price hikes totalling more than $2,000 since March that failed to stick.

On Friday, the Shanghai Containerized Freight Index (SCFI) reversed the recent tide ...

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Ricky Forman
June 10, 2014 at 4:13 pm
Makes you wonder what factors affect the successful implementation of GRI’s, is it purely utilisation levels being above 95%, carriers discipline, or necessity to raise rates to stay temporarily afloat?

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