News / India-US container GRIs pushed back as demand falters

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Container lines seem to be shelving plans to implement fresh rate increases on the India-US tradelane that has yielded them stronger-than-expected returns over the past two months.

Indeed, CMA CGM has delayed for the third time a peak season surcharge (PSS) it originally planned to implement in August until 1 October.

The French line has also reduced the PSS from the previously advertised $1,500 per container to $1,000, on shipments from the Indian subcontinent, Middle East, Red Sea and Egypt to the ...