German container carrier Hapag-Lloyd has announced a General Rate Increase (GRI) from Latin America East Coast to North America, Central America and the Caribbean.
The GRI will apply to both dry and reefer containers and will be effective from 5 May until further notice.
Hapag-Lloyd noted the GRI has been set at US$400 per container.
Latin America East Coast includes Brazil, Argentina, Uruguay and Paraguay, while North America includes United States, Canada and Mexico.