The ocean carriers that provide service from Asia to the United States and Canada have announced and filed a General Rate Increase (GRI) to the levels noted below. The effective GRI will be applied to all containers in-gated at the origin receiving terminal on or...
At this point, the TP trade lane is progressively becoming more challenging for importers. Ships are full, containers are scarce, and ports are suffering with train/rail car shortages. In addition to this, the trucking industry is unable to keep up. Best approach is...
According to Collyer Logistics Group of Companies, high demand in the third quarter on the trades out of China, especially on the trans-Pacific, has overwhelmed terminals and forced carriers since July to hastily reinstate blanked capacity, deploying extra loaders and...
So, what is a General General Rate Increase (GRI)? A General Rate Increase (GRI) is the amount by which ocean carriers increase their base rates across specific trade lanes, generally as a result of increased demand. A GRI must be announced with the Federal Maritime...