GRI in July 2020

GENERAL RATE INCREASE (GRI)


Far East to USA & Canada
Effective July 01, 2020


Please be advised that a GENERAL RATE INCREASE (GRI) will apply to tariff or service contract rates on all cargo moving from Asia to USA and Canada.

Effective Date: July 01, 2020 (Cargo receipt date at origin)
From: All Asia (includes Far East) Ports of Load
To: All USA and CANADA Ports of Discharge and inland points via said ports


USD 900 per 20' (all types)
USD 1000 per 40' (all types)
USD 1125 per 40'HC (all types)
USD 1125 per 40' (reefer types)
USD 1266 per 45' (all types)
USD 1600 per 53'* (all types)


*Ports of discharge: Long Beach/Los Angeles

News

Featured News at a Glance

Market Update Q2 2024: No.3

Unwelcome news first in terms of rate increases and service disruptions in the far east trade - similar to previous times carriers continue to "right size" the trade and push the supply/demand ratio into one that favors them at least in the short term.

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Market Q2 2024 Update #2

Bad weather in Asia, sailing schedules and rates, port and, Ocean Council updates

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Market Update Q2 2024

The Market: The Red Sea situation, Space and Sailing rates, Baltimore Francis Scott Key Bridge collapse impacts on supply chain and economy.

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Red Sea Update

With the weekend altercations, all the carriers have now re-committed to staying out of the Suez Canal and moving around the horn of Africa.

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