With billions to burn, shipping lines fear nothing in H2 25
‘In the name of share’
During the course of 2012, APL’s Transatlantic service has seen a significant decline in freight rates whilst costs have increased, resulting in an unsustainable financial performance. APL will therefore apply a General Rate Increase (“GRI”) with effect from April 1st 2013.
The GRI will be USD500 ...
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