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, 2021, including COSCO, Evergreen, HMM Company Limited, Ocean Network Express (ONE), and ZIM. 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 2021 for the East Asia/USA trade lane.
TRANSPACIFIC EASTBOUND (Asia to USA) |
GENERAL RATE INCREASE (GRI)
Effective October 15, 2021, except as noted |
Carrier
|
in USD, per 40ft ctr
|
COSCO (see note 1)
|
1000
|
Evergreen (see note 2)
|
1000 / 2000
|
HMM (see note 3)
|
1000 / 2000
|
ONE
|
1000
|
ZIM
|
1000
|
NOTE 1: COSCO GRIs apply on all cargo moving under service contracts only.
NOTE 2: Evergreen GRIs will be USD 1000 per 40ft dry container for dry cargo, and USD 2000 per reefer container. GRI amounts for all other container sizes are as per formula.
NOTE 3: HMM GRIs will be USD 1000 per 40ft container for cargo to destinations USWC, USEC, US Gulf coast, and USD 2000 per 40ft container for cargo to destinations IPI, MLB, RIPI. GRI amounts for all other container sizes are as per formula.
The GRI effective October 15, 2021 will be quickly followed by another GRI. Carriers who have updated their tariffs to include a General Rate Increases (GRIs) effective November 1, 2021, include COSCO, Evergreen, HMM Company Limited, Ocean Network Express (ONE), and ZIM. 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 2021 for the East Asia/USA trade lane.
TRANSPACIFIC EASTBOUND (Asia to USA) |
GENERAL RATE INCREASE (GRI)
Effective November 1, 2021 |
Carrier
|
in USD, per 40ft ctr
|
COSCO (see note 1)
|
1000
|
Evergreen (see note 2)
|
1000 / 2000
|
HMM (see note 3)
|
1000 / 2000
|
ONE
|
1000
|
ZIM
|
1000
|
NOTE 1: COSCO GRIs apply on all cargo moving under service contracts only.
NOTE 2: Evergreen GRIs will be USD 1000 per 40ft dry container for dry cargo, and USD 2000 per reefer container. GRI amounts for all other container sizes are as per formula.
NOTE 3: HMM GRIs will be USD 1000 per 40ft container for cargo to destinations USWC, USEC, US Gulf coast, and USD 2000 per 40ft container for cargo to destinations IPI, MLB, RIPI. GRI amounts for all other container sizes are as per formula.
|