July 1, 2020 General Rate Increase (GRI)
Effective July 1, 2020, a General Rate Increase (GRI) 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 – July 1, 2020
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′
As we continually state when these increase are announced, it is not possible to predict the future market based on the current trade conditions. Here at ICC, we will continue to monitor and report on the situation as it develops.
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