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From 1 April, Hapag-Lloyd will raise rates for general and reefer containers from Egypt to Latin America, while higher rates will kick in at MSC for cargo going from Australia, the Middle East and the Indian subcontinent to the US as well as from the US to Latin America.

Yesterday’s announcements mark the latest increases in reefer rates and spell further grief for perishables shippers.

Like general 20ft and 40ft ocean containers, reefer units have been in short supply, lagging demand because ...

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