News / Carriers may find it hard to make huge Asia-N Europe rate hikes stick

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Sizeable GRIs by Asia-North Europe ocean carriers will come into force next week – but there are already signs that only a few will be sustained.

Indeed, a straw poll of The Loadstar’s shipper and forwarder contacts reveals the major carriers are only likely to achieve about 50% of their 1 August FAK rate increases. But the same carriers are then offering discounts on the GRIs from the second half of the month.

Meanwhile, Xeneta’s container spot rate component for Asia to ...