Ocean carriers are imposing a General Rate Increase (GRI) and Peak Season Surcharge (PSS) on cargo bound to all points in the US and Canada from Far East and Indian origins. The GRI, which was scheduled to take effect on July 1, 2015, for both destinations has been postponed until July 15, 2015, in Canada. In the US, the GRI took effect as scheduled on July 1, 2015. The next anticipated GRI is August 1, 2015; however, ocean carriers will continue to assess market stability to determine an implementation date for subsequent rate increases. Additionally, steamship lines have announced their intention to assess a PSS effective August 15, 2015.

Published GRI levels effective July 1, 2015, for the US, and July 15, 2015, for 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

The published GRI rates are reflected above; however, Deringer has observed US GRI’s fluctuating between $200-400 depending on service/carrier and size.

Published PSS levels effective August 15, 2015
20′ Standard Containers: USD $360
40′ Standard Containers: USD $400
40′ High-Cube Containers: USD $450
45′ Standard Containers: USD $506
LCL: USD $8 per CBM, min USD $8

Deringer will continue monitoring GRI announcements and will work to mitigate additional fees when possible. Please send an email to marketing@anderinger.com with any questions.