Ocean carriers are launching a raft of GRI and FAK rate increases next week to take advantage of an expected cargo rush ahead of the early Chinese New Year (CNY) holiday in January.
The lunar festival for the Year of the Rat starts on 25 January, and carriers are already claiming they are see “strong market demand” for space.
Accordingly, they have also started announcing separate peak season surcharges (PSSs) across a …
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Source: The Loadstar