date:Jul 29, 2022
After a brief gap that has seen some signs of freight rate softening and corrections, container lines actively operating on India-US trades are looking to capitalize on expected peak season cargo movements. MSC seems to lead that rate push. The Geneva-based liner, which has three weekly connections out of West India for the US East Coast, has significantly jacked up peak season surcharges it had earlier planned to apply from 4 July.
The PSS levy has been increased to US$2,000 per container, eff