Hapag-Lloyd is postpoining by a month the implementation of the general rate increase it planned to apply Oct. 1 on shipments from Canada to destinations in the Indian subcontinent, Journal of Commerce reports. The GRI on dry and refrigerated cargo will now take effect Nov. 1, the German carrier said. The increases will be $140 per 20-foot and $175 per 40-foot dry container, and $220 and $275, respectively, per reefer container.
The subcontinent region includes ports in India, Pakistan, Bangladesh and Sri Lanka. Hapag-Lloyd, one of the largest liner operators to and from India, did not provide any reason why it had postponed the date of the GRI.
The subcontinent region includes ports in India, Pakistan, Bangladesh and Sri Lanka. Hapag-Lloyd, one of the largest liner operators to and from India, did not provide any reason why it had postponed the date of the GRI.