Ocean carriers are proposing a General Rate Increase (GRI) on cargo bound to all points in the US and Canada from Far East and Indian origins. In the US/Canada, a previous GRI which was scheduled to take effect on October 1, 2015, was postponed until October 15, 2015. In addition, steamship lines have announced their intention to assess an additional GRI on November 1, 2015.

Published GRI levels effective October 15, 2015, and November 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 GRI’s fluctuating between $200-$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.

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.