Red Sea crisis forces Maersk to increase capacity over strategy limit
Maersk Line appears to have temporarily abandoned its strategy of maintaining capacity at no more ...
The first round of a $500-per-box general rate increase (GRI) on 29 March for India-US shipments has paid no dividends for ocean carriers, according to industry sources.
Nearly three weeks on, average rates on the largest tradelane for India by value have not only not risen, but some have cooled further.
Sources said major carriers continued to accept bookings out of Nhava Sheva/Mundra at the same contract rates as last month – about $1,600 per teu for the US east and west ...
Comment on this article