News / Box lines announce new efforts to hike rates on India-US trades

© Jevgenijs Sulins |

Container lines serving the India-US trade seem to have realised that pushing through hefty general rate increases (GRIs) or peak season surcharges (PSSs) is a hard game, unless cargo volumes tick up in a sustainable way.

Accordingly, major carriers, including Hapag-Lloyd, CMA CGM and Maersk, have reworked their pricing strategies.

An across-the-board $200 per box increase is on the cards for shippers, from the beginning of next month, for India-US bookings, after liners abandoned their rate increases for this month.

“This GRI/GRA adjustment is ...