Europe to U.S. / Rate Development (Through March 2017)

Posted on Mar 2

3/18/2017:As reported, Spanish dockworkers announced plans for work stoppages in March due to the government’s plans for certain labor reforms (please refer to the articles on our website about this issue). Although the planned strikes were today cancelled by the Spanish dockworkers union carriers implemented port congestion surcharges for shipments from Spain today.To fulfill FMC filing requirements we have therefore filed a Port Congestion Surcharge (R 50/00/00) in our tariff today as follows:From: All Ports in SpainTo: All US PortsUSD 215.00 per 20′ containerUSD 430.00 per 40′ and 40HC containerUSD 430.00 per 45′ containerUSD 9 w/mThis surcharge applies to all rates for dry, reefer, flat rack and open top containers filed in our tariff or agreed to in Negotiated Rate Agreements.This surcharge might not go into effect as filed if the port labor situation in Spain remains calm. It is currently unclear if the government will try to implement other measures that might affect the situation in a negative way.We will update you on our website about the developments.12/30/2016:Carriers in the TAWB trade have advised a General Rate Increase (GRI) effective 02/01/16 for the Trans-Atlantic Westbound lanes that we have filed in our tariff today as follows:From: European and Mediterranean Ports
To: US PortsUSD 400.00 per 20’ container
USD 500.00 per 40’ container
USD 550.00 per 45’ container
USD 10 w/mThis GRI applies to all rates for dry, reefer, flat rack and open top containers filed in our tariff or agreed to in Negotiated Rate Agreements.The final GRI levels will be determined closer to the effective date.
11/01/2016:The General Rate Increase (GRI) effective 11/01/16 for the Trans-Atlantic Westbound lanes is cancelled.
09/30/2016:Carriers in the TAWB trade have advised a General Rate Increase (GRI) effective 11/01/16 for the Trans-Atlantic Westbound lanes that we have filed in our tariff today as follows:From: European and Mediterranean Ports
To: US PortsUSD 200.00 per 20′ containerUSD 400.00 per 40′ containerUSD 450.00 per 45′ containerUSD 8 w/mThis GRI applies to all rates for dry, reefer, flat rack and open top containers filed in our tariff or agreed to in Negotiated Rate Agreements.The final GRI levels will be determined closer to the effective date.
05/31/2016:The current market situation allows us to cancel the General Rate Increase (GRI) effective 06/01/16 for the Trans-Atlantic Westbound trade.However, carriers have advised a General Rate Increase (GRI) effective 07/01/16 for the Trans-Atlantic Westbound lanes that we have filed in our tariff today as follows:From: European and Mediterranean PortsTo: US PortsUSD 400.00 per 20′ container
USD 500.00 per 40′ container
USD 650.00 per 45′ container
USD 10 w/mThis GRI applies to all rates for dry, reefer, flat rack and open top containers filed in our tariff or agreed to in Negotiated Rate Agreements.The final GRI levels will be determined closer to the effective date.05/01/16The current market situation allows us to postpone the General Rate Increase (GRI) effective 04/30/16 for the Trans-Atlantic Westbound trade to 06/01/16.
04/14/16The current market situation allows us to postpone the General Rate Increase (GRI) effective 04/01/16 for the Trans-Atlantic Westbound trade to 04/30/16.
02/24/2016:Due to increased demand carriers in the Trans-Atlantic Westbound trade have announced a General Rate Increase (GRI) effective 04/01/16 which we have filed in our tariff as follows:General Rate IncreaseEffective 04/01/16 rates for cargo from Europe to all ports in the US and Canada will be increased as follows:$ 300/20′
$ 400/40′ and 40 HC
$ 500/45′
$ 8 w/mThis increase applies to rates in our tariff as and in Negotiated Rate Agreements.