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News / Hapag-Lloyd to impose post-CNY rate hikes as blanked sailings slow the pace of price decline

UASC containers
© Jdanne | Dreamstime.com - Stack of Containers, Harbour of Khor Fakkan, United Arab Emirates
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Hapag-Lloyd today announced a new general rate increase (GRI) of $900 per teu on headhaul westbound Asia-North Europe and Asia-Mediterranean shipments for 1 March.

The line also scheduled a transpacific GRI for 1 March of $540 per teu and $600 per feu.

The announcement coincided with another week of declining ...

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