Ex-India spot rates and surcharges ease as peak comes to an end

Container lines, sensing a gradual slowdown in Indian westbound volumes, are revisiting their surcharges and penalties, indicating a hot market may be turning decidedly cooler. The liners had been increasingly rolling booking cancellation and container no-show fees into their freight bills in recent months to maximise profitability from booming demand. Now, according to industry sources, Hapag-Lloyd, for one, has revised its cancellation fee drastically for Indian customers to $100 per container, from ... The post Ex-India spot rates and surcharges ease as peak comes to an end appeared first on The Loadstar .