GENERAL RATE INCREASE (GRI)
Far East to USA & Canada
Effective Date: July 01, 2020 (Cargo receipt date at origin)
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.
Read MoreMarket Q2 2024 Update #2
Bad weather in Asia, sailing schedules and rates, port and, Ocean Council updates
Read MoreMarket 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.
Read MoreRed 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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