Additional GRI scheduled – Transpacific Westbound to Asia

November 6, 2009 by Splatty  
Filed under Seafreight

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Anyone else having a hard time trying to stay on top of all of the recent GRI’s?

The Westbound Transpacific Stabilization Agreement (WTSA) carriers have announced an additional general rate increase for all cargo from the U.S. to Asia.  This latest GRI is scheduled to go into effect on December 1.   Keep in mind that this GRI is in addition to the GRI that went into effect on September 1.

Guideline GRI amounts are as follows:

Dry Cargo

(effective December 1, 2009)
$100 per FEU / $80 per TEU via SoCal ports
$150 per FEU / $120 per TEU via other USWC, USEC and intermodal

Refrigerated Cargo

(effective : January 15, 2010)

$250 per FEU / $200 per TEU via USWC
$300 per FEU / $240 per TEU via USEC and intermodal

Talk to your forwarder about mitigating the increase if possible.  From everything I am hearing, mitigation of the GRI will be difficult.

Visit the WTSA website for additional details.

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