Major steamship lines are proposing a July 1st General Rate Increase (GRI) for transpacific cargo from the Far East and India to the US and Canada.
There have been some announcements from carriers indicating that the July 1st GRI would be at USD$600-$800; however, there has been no official statement. Should the July rate increase be implemented, carriers anticipate the official rate to be released next week—some of Deringer’s international partners are forecasting the GRI to be around USD$400-$500.
Deringer will continue to report on carriers’ surcharges and upcoming rate increases, and will work to mitigate fees whenever possible. Please send an email to Deringer’s Marketing Department with any questions.