Ocean carriers are proposing a General Rate Increase (GRI) on US/Canada bound cargo from Far East and Indian Origins. In the US/Canada, a previous GRI scheduled to take effect on November 1, 2015, for both destinations, was delayed until November 15, 2015. In addition, major steamship lines have announced their intention to assess an additional GRI effective December 1,2015.
Published GRI levels effective November 15, 2015, and December 1, 2015, for US/Canada
20′ Standard Containers: USD $540
40′ Standard Containers: USD $600
40′ High-Cube Containers: USD $675
45′ Standard Containers: USD $760
LCL: USD $12 per CBM, min USD $12
Deringer has observed previously implemented GRIs fluctuating between $150-$400 depending on service/carrier and container size. Along with our overseas partners, Deringer will try to mitigate the upcoming rate increases; however, the market will ultimately determine carriers’ flexibility. There is potential for rates to be at, or close to, the published GRI levels.
Deringer will continue monitoring GRI announcements and will work to mitigate additional fees when possible. Please send an email to email@example.com with any questions.