Once again the ocean carriers providing services from Asia to North America are planning a new General Rate Increase (GRI). This latest GRI will become effective on April 1, 2021. The rate increase has been filed for all cargo imported from Asia ports of loading, to U.S.A., Canada, and Mexico ports/ramps of discharge.
The proposed increases are as follows:
General Rate Increase – April 1, 2021
USD 900 / 20′
USD 1,000 / 40′
USD 1,125 / 40′ HQ
USD 1,125 / 40′ Reefer
USD 1,266 / 45′
USD 1,600 / 53′
Obviously it is not possible to predict the future market based on the current trade conditions, however we think it’s been quite clear for some time now that we have not seen the last of these General Rate Increase.
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