Asia to US Rate Development (through April 2017)
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Asia to US Rate Development (through April 2017)
Posted on Feb 15
04/27/2017:
Please find below updates to the following items:Update to General Rate Increase 05/01/17 (# 110)Peak Season Surcharge 04/15/17 (# 30-31)General Rate Increase Filed 06/01/17 (# 112)Market conditions allow us to mitigate General Rate Increase 110 as follows:General Rate Increase (GRI) Effective 05/01/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)
To: Ports of Discharge on the West Coast and inland points in California, Oregon and WashingtonUSD 270 per 20′ standard containerUSD 300 per 40′ standard containerUSD 300 per 40′ high-cube containerUSD 380 per 45′ standard containerUSD 6 w/mTo: All inland points via Ports of Discharge on the West Coast except inland points in CA, OR and WAUSD 225 per 20′ standard containerUSD 250 per 40′ standard containerUSD 250 per 40′ high-cube containerUSD 317 per 45′ standard containerUSD 5 w/mTo: Ports of Discharge on the East and Gulf Coast and inland points via said portsUSD 360 per 20′ standard containerUSD 400 per 40′ standard containerUSD 400 per 40′ high-cube containerUSD 506 per 45′ standard containerUSD 8 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.Peak Season Surcharge is further postponed to 05/15/17.Carriers in the trade announced an increase for 06/01/17, we therefore filed the following General Rate Increase (GRI 112) to comply with FMC regulations:General Rate Increase (GRI) Effective 06/01/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen) To: All destinations in the US and Canada USD 900 per 20′ standard containerUSD 1000 per 40′ standard containerUSD 1100 per 40′ high-cube containerUSD 1315 per 45′ standard containerUSD 20 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.These increase levels are pre-filed to comply with FMC regulations.As usual we will monitor the market developments and adjust the pre-filed increases based on the market conditions at the time they are scheduled to become effective.
04/14/2017:Please find below updates to the following items:Update to General Rate Increase 04/15/17 (# 109)Peak Season Surcharge 04/15/17 (# 30-31)General Rate Increase Filed 05/15/17 (# 111)Market conditions allow us to cancel General Rate Increase 109 that would have taken effect on 04/15/17.Peak Season Surcharge is further postponed to 05/01/17.Carrier in the trade announced an increase for 05/15/17, we therefore filed the following General Rate Increase (GRI 111) to comply with FMC regulations:General Rate Increase (GRI) Effective 05/15/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)To: All destinations in the US and Canada USD 900 per 20′ standard containerUSD 1000 per 40′ standard containerUSD 1100 per 40′ high-cube containerUSD 1315 per 45′ standard containerUSD 20 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.These increase levels are pre-filed to comply with FMC regulations.As usual we will monitor the market developments and adjust the pre-filed increases based on the market conditions at the time they are scheduled to become effective.
03/31/2017:Please find below updates to the following items:Update to General Rate Increase 04/01/17 (# 108)Peak Season Surcharge 04/01/17 (# 30-31)General Rate Increase Filed 05/01/17 (# 110)Market conditions allow us to reduce General Rate Increase 108 that takes effect on 04/01/17 as follows:General Rate Increase (GRI 108) Effective 04/01/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)To: All Ports of Discharge on the West Coast and inland points via Ports of Discharge on the West CoastUSD 180 (from USD 720) per 20′ standard containerUSD 200 (from USD 800) per 40′ standard containerUSD 200 (from USD 900) per 40′ high-cube containerUSD 255 (from USD 1015) per 45′ standard containerUSD 4 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.Peak Season Surcharge is further postponed to 04/15/17.In anticipation of further carrier action we are filing the following General Rate Increase (GRI 110):General Rate Increase (GRI) Effective 05/01/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen) To: All destinations in the US and Canada USD 900 per 20′ standard containerUSD 1000 per 40′ standard containerUSD 1100 per 40′ high-cube containerUSD 1315 per 45′ standard containerUSD 20 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.These increase levels are pre-filed to comply with FMC regulations.As usual we will monitor the market developments and adjust the pre-filed increases based on the market conditions at the time they are scheduled to become effective.
03/15/2017:Please find below updates to the following items:Update to General Rate Increase 03/14/17 (# 106)Update to General Rate Increase 03/15/17 (# 107)Peak Season Surcharge 03/15/17 (# 30-31)General Rate Increase Filed 04/15/17 (# 109)Market conditions allow us to cancel General Rate Increase 106 and 107.Peak Season Surcharge is further postponed to 04/01/17.In anticipation of further carrier action we are filing the following General Rate Increase # 109:General Rate Increase (GRI) Effective 04/15/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)To: All destinations in the US and CanadaUSD 720 per 20′ standard containerUSD 800 per 40′ standard containerUSD 900 per 40′ high-cube containerUSD 1015 per 45′ standard containerUSD 16 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.These increase levels are pre-filed to comply with FMC regulations.As usual we will monitor the market developments and adjust the pre-filed increases based on the market conditions at the time they are scheduled to become effective.
03/09/2017:Current market conditions allow us to postpone the General Rate Increase that was due to become effective 03/05/17 to 03/14/17.
02/28/2017:Please find below updates to the following items:Update to General Rate Increase 03/01/17Update to Peak Season Surcharge 03/01/17General Rate Increase Filed 04/01/17Current market conditions allow us to postpone the General Rate Increase that was due to become effective 03/01/17 to 03/05/17.Peak Season Surcharge is further postponed to 03/15/17.Carriers have announced further increases to become effective 04/01/17, we therefore have filed the following General Rate Increase in our tariff today:General Rate Increase (GRI) Effective 04/01/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)To: All destinations in the US and Canada USD 720 per 20′ standard containerUSD 800 per 40′ standard containerUSD 900 per 40′ high-cube containerUSD 1015 per 45′ standard containerUSD 16 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.These increase levels are pre-filed to comply with FMC regulations.As usual we will monitor the market developments and adjust the pre-filed increases based on the market conditions at the time they are scheduled to become effective.
02/15/2017:Please find below updates to the following items:Update to General Rate Increase 02/15/17General Rate Increase Filed 03/15/17We are pleased to announce that current market conditions allow us to cancel the General Rate Increase filed on 01/13/17 that was due to become effective 02/15/17.Carriers have announced further increases to become effective 03/15/17, we therefore have filed the following General Rate Increase in our tariff today:General Rate Increase (GRI) Effective 03/15/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)To: All destinations in the US and CanadaUSD 720 per 20′ standard containerUSD 800 per 40′ standard containerUSD 900 per 40′ high-cube containerUSD 1015 per 45′ standard containerUSD 16 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.As usual we will adjust the currently scheduled increases based on the market conditions at the time they become effective.
01/31/2017:Please find below updates to the following items:Update to General Rate Increase 02/01/17Update to Peak Season SurchargeGeneral Rate Increase Filed 03/01/17As expected rates came under pressure after the start of Chinese New Year we allows us to update our filing for the General Rate Increase to become effective 02/01/17 as follows:General Rate Increase (GRI) Effective 02/01/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)To: All destinations in the US and CanadaUSD 0 (from USD 480) per 20′ standard containerUSD 0 (from USD 600) per 40′ standard containerUSD 0 (from USD 675) per 40′ high-cube containerUSD 0 (from USD 760) per 45′ standard containerUSD 0 (from USD 12) w/mThe General Rate Increase will be applied on all dry and refrigerated container rates.Peak Season Surcharge is further postponed to 03/01/17.Carriers have announced further increases to become effective 03/01/17, we therefore have filed the following General Rate Increase in our tariff today:General Rate Increase (GRI) Effective 03/01/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)To: All destinations in the US and Canada USD 720 per 20′ standard containerUSD 800 per 40′ standard containerUSD 900 per 40′ high-cube containerUSD 1015 per 45′ standard containerUSD 16 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.As usual we will adjust the currently scheduled increases based on the market conditions at the time they become effective.01/16/2017:Please find below updates to the following items:Update to General Rate Increase 01/15/17Update to Peak Season SurchargeGeneral Rate Increase Filed 02/15/17The approaching Chinese New Year and its impact on vessel utilization, especially to US East Coast ports, impacted rate levels this weekend but not as heavy as initially thought, so we are able to reduce the General Rate Increase levels to become effective 01/15/17 (date of cargo receipt at origin) as follows:General Rate Increase (GRI) Effective 01/15/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)To: Ports of Discharge on the West Coast and inland points in California, Oregon and WashingtonUSD 180 (from USD 480) per 20′ standard containerUSD 200 (from USD 600) per 40′ standard containerUSD 200 (from USD 675 per 40′ high-cube containerUSD 255 (from USD 760) per 45′ standard containerUSD 4 (from USD 12) w/mTo: All inland points via Ports of Discharge on the West Coast except inland points in CA, OR and WAUSD 135 (from USD 480) per 20′ standard containerUSD 150 (from USD 600) per 40′ standard containerUSD 150 (from USD 675 per 40′ high-cube containerUSD 190 (from USD 760) per 45′ standard containerUSD 3 (from USD 12) w/mTo: Ports of Discharge on the East and Gulf Coast and inland points via said portsUSD 450 (from USD 480) per 20′ standard containerUSD 500 (from USD 600) per 40′ standard containerUSD 500 (from USD 675 per 40′ high-cube containerUSD 635 (from USD 760) per 45′ standard containerUSD 10 (from USD 12) w/mThe General Rate Increase will be applied on all dry and refrigerated container rates in this tariff and in Negotiated Rate Agreements.Peak Season Surcharge is further postponed to 02/01/17.Carriers have announced further increases to become effective 02/15/17, we therefore have filed the following General Rate Increase in our tariff today:General Rate Increase (GRI) Effective 02/15/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen)To: All destinations in the US and CanadaUSD 540 per 20′ standard containerUSD 600 per 40′ standard containerUSD 675 per 40′ high-cube containerUSD 760 per 45′ standard containerUSD 12 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates and in Negotiated Rate Agreements.As usual we will adjust the currently scheduled increases based on the market conditions at the time they become effective.
12/30/2016:Please find below updates to the following items:Update to General Rate Increase 01/01/17Update to Peak Season SurchargeGeneral Rate Increase Filed 02/01/17Although the space situation on the TPEB lanes is negatively impacted by the approaching Chinese new year we are able to reduce the General Rate Increase levels initially filed to become effective 01/01/17 (date of cargo receipt at origin) as stated below.Chinese New Year will start on 01/27/17 and last until 02/02/17, but as usual factories will close down before and after these dates to allow workers to travel to their hometowns for the festivities. It is therefore expected that a large push to clear inventories will happen between now and mid-January, followed by an even harder push to move everything ready to ship out prior to the closings, which will most likely result in additional increases in rates on 01/15/17 when the next General Rate Increase is going into effect.We recommend to book any freight as early as possible to increase the chance for freight being accepted and shipped, but need to advise that during the next few weeks freight might not be accepted at the usual routings or might be rolled at origin to later sailings because of an expected large influx of cargo.The General Rate Increase for 01/01/17 is being mitigated as follows:General Rate Increase (GRI) Effective 01/01/17 (date of cargo receipt at origin):From: All Asia (includes Far East) and Indian Sub-Continent Ports of Load To: All ports/destinations in the US and Canada USD 540 (from USD 923) per 20′ standard containerUSD 600 (from USD 1025) per 40′ standard containerUSD 675 (from USD 1155) per 40′ high-cube containerUSD 760 (from USD 2198) per 45′ standard containerUSD 12 (from USD 21) w/mThe General Rate Increase will be applied on all dry and refrigerated container rates.Carriers have announced further increases to become effective 02/01/17, we therefore have filed the following General Rate Increase in our tariff today:General Rate Increase (GRI) Effective 02/01/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen) To: All destinations in the US and CanadaUSD 480 per 20′ standard containerUSD 600 per 40′ standard containerUSD 675 per 40′ high-cube containerUSD 760 per 45′ standard containerUSD 12 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates.As usual we will adjust the currently scheduled increases based on the market conditions at the time they become effective.
12/15/2016:Please find below updates to the following items:Update to General Rate Increase 12/15/16 (postponed from initial filing 12/01/16)Update to Peak Season SurchargeGeneral Rate Increase Filed 01/15/17We are mitigating the General Rate Increase initially filed to become effective 12/01/16 (date of cargo receipt at origin), then postponed to become effective 12/15/16 (date of cargo receipt at origin) as follows:General Rate Increase (GRI) Effective 12/15/16 (date of cargo receipt at origin):From: All Asia (includes Far East) and Indian Sub-Continent Ports of Load To: Ports of Discharge on the West Coast and inland points in California, Oregon and Washington USD 225 (from USD 720) per 20′ standard containerUSD 250 (from USD 800) per 40′ standard containerUSD 250 (from USD 900 per 40′ high-cube containerUSD 315 (from USD 1015) per 45′ standard containerUSD 5 (from USD 16) w/mTo: All inland points via Ports of Discharge on the West Coast except inland points in CA, OR and WAUSD 225 (from USD 720) per 20′ standard containerUSD 250 (from USD 800) per 40′ standard containerUSD 250 (from USD 900 per 40′ high-cube containerUSD 315 (from USD 1015) per 45′ standard containerUSD 5 (from USD 16) w/mTo: Ports of Discharge on the East and Gulf Coast and inland points via said portsUSD 180 (from USD 720) per 20′ standard containerUSD 200 (from USD 800) per 40′ standard containerUSD 200 (from USD 900 per 40′ high-cube containerUSD 255 (from USD 1015) per 45′ standard containerUSD 4 (from USD 16) w/mThe General Rate Increase will be applied on all dry and refrigerated container rates.Peak Season Surcharge is further postponed to 01/15/17.Carriers have announced further rate increases for 01/15/17, we have therefore filed the following General Rate Increase in our tariff today:General Rate Increase (GRI) Effective 01/15/17 (date of cargo receipt at origin):From: Australia/New Zealand, Far East, Indian Sub-Continent, Middle East (Bahrain, Bangladesh, Brunei, Burma, Cambodia, China, India, Indonesia, Iraq, Japan, Jordan, Korea, Kuwait, Hong Kong, Macau, Malaysia, Pakistan, Philippines, Qatar, Saudi Arabia, Singapore, Sri Lanka, Taiwan, Thailand, United Arab Emirates, Vietnam, Yemen) To: All destinations in the US and Canada USD 480 per 20′ standard containerUSD 600 per 40′ standard containerUSD 675 per 40′ high-cube containerUSD 760 per 45′ standard containerUSD 12 w/mThe General Rate Increase will be applied on all dry and refrigerated container rates.As usual we will adjust the currently scheduled increases based on the market conditions at the time they become effective.