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© Oleg Kachura |

Despite a slowing market environment, container lines predominantly active on the India-US tradelane have lined up a renewed general rate increase (GRI).

The first signs have come from CMA CGM and MSC, both have advised customers of a $500 per-teu GRI from end-March.

CMA CGM (India) said Indian container loads to USEC, US Gulf Coast and Canada will attract this rate hike from 24 March.

MSC (India), in a trade notice, noted that the GRI, which it plans to apply from 23 March, ...

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