Far East Westbound cargo (ex. USA) General Rate Increase (GRI) effective March 16th, 2020
Steamship lines are once again challenged to maintain service profitability since freight rates are at levels that are no longer sustainable.
In order to maintain such a service, MSC announced the following General Rate Increases (GRIs)
For all export cargo originating from USA & Puerto Rico to Far East as follows:
for US West Coast, US East Coast (including Gulf) and Puerto Rico cargo to Asia
for IPI cargo from US inland via US West Coast ports and East Coast (excluding Gulf) to Asia
for Inland cargo routed ex Gulf Ports to Asia
Applicable to all service contracts, tariff items and exempt commodities.
Industry updates and weekly newsletter direct to your inbox!