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Asia-US carriers push for spot rate hikes in overheated pre-Lunar New Year market
2024-01-31 10:29:45BSI News482 Browse
Asia-US carriers push for spot rate hikes in overheated pre-Lunar New Year market

Ocean carriers on the Asia-US trade are making a last-minute push to implement general rate increases (GRIs) before Lunar New Year in a bid to take advantage of seasonal ghtness in an already overheated market compounded by ongoing Red Sea disrupons.GRIs ranging from $600 to $1,000 per FEU are meant to take effect on Feb. 1 or Feb. 15.

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