Asia- North America ocean rates are continuing their rise, (as expected by the way), and with no end in sight, (also as expected). Effective June 1, 2021 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 and ramps of discharge. Logisticians and Supply Chain executives will continue to be “financially challenged” when it comes to explaining to corporate management that their original freight budgets, (budgets planned more than 6 months ago), will be way off target.
These same logisticians and Supply Chain executives, must also let management know that price increases to their ultimate consumers may be the only way to offset these continuing increases. That will be a very tough discussion to nave by the way.
The proposed increases are as follows:
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′
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