Several leading carriers serving the Trans Pacific container trades have recently updated their respective tariffs to include new General Rate Increases (GRIs) effective October 15, 2020, including American President Lines (APL), CMA CGM, COSCO, Evergreen, Hapag Lloyd, Hyundai Merchant Marine, Ocean Network Express (ONE), and Yang Ming. See table below for GRI amounts per 40ft container; GRI amounts for all other container sizes are as per formula. The October 15th GRIs will be the twentieth GRI of 2020 for the East Asia/USA trade lane.
TRANSPACIFIC EASTBOUND (Asia to USA) |
GENERAL RATE INCREASE (GRI)
Effective October 15, 2020 |
Carrier
|
in USD, per 40ft ctr
|
APL
|
1000
|
CMA CGM
|
1000
|
COSCO (see note 1)
|
1000
|
Evergreen
|
1000
|
Hapag Lloyd
|
1200
|
Hyundai
|
1000
|
ONE
|
1000
|
Yang Ming
|
1000
|
NOTE 1: COSCO GRIs apply on all cargo moving under service contracts only.
Some carriers updated their tariffs to include new General Rate Increases (GRIs) effective November 1, 2020, including American President Lines (APL), CMA CGM, COSCO, Evergreen, Hapag Lloyd, Hyundai Merchant, Ocean Network Express (ONE), and Yang Ming. See table below for GRI amounts per 40ft container; GRI amounts for all other container sizes are as per formula. The November 1st GRIs will be the twenty-first GRI of 2020 for the East Asia/USA trade lane.
TRANSPACIFIC EASTBOUND (Asia to USA) |
GENERAL RATE INCREASE (GRI)
Effective November 1, 2020 |
Carrier
|
in USD, per 40ft ctr
|
APL
|
1000
|
CMA CGM
|
1000
|
COSCO (see note 1)
|
1000
|
Evergreen
|
1000
|
Hapag Lloyd
|
1200
|
Hyundai
|
1000
|
ONE
|
1000
|
Yang Ming
|
1000
|
NOTE 1: COSCO GRIs apply on all cargo moving under service contracts only.
|