Shipping Logistics

GRI in July 2020

May 29, 2020

GENERAL RATE INCREASE (GRI)


Far East to USA & Canada
Effective July 01, 2020


Please be advised that a GENERAL RATE INCREASE (GRI) will apply to tariff or service contract rates on all cargo moving from Asia to USA and Canada.

Effective Date: July 01, 2020 (Cargo receipt date at origin)
From: All Asia (includes Far East) Ports of Load
To: All USA and CANADA Ports of Discharge and inland points via said ports


USD 900 per 20' (all types)
USD 1000 per 40' (all types)
USD 1125 per 40'HC (all types)
USD 1125 per 40' (reefer types)
USD 1266 per 45' (all types)
USD 1600 per 53'* (all types)


*Ports of discharge: Long Beach/Los Angeles

News

Featured News at a Glance

View All News

Tariff Memo from CBP

CBP provided an update regarding Exception to the Reciprocal Tariffs for shipments that loaded on vessel prior to April 5th 12:01am EDT and are in transit. The update states that the exemption will only apply to these shipments if the shipment is arriving AND released BEFORE May 27th, 2025 12:01 EDT.

Read More

Market Update Q2 2025: No.17

Today is "Liberation Day" AKA the day all the tariffs go into effect, even though it's a Wednesday, it is an appropriate day for a market update: Attached is the current tariff announcement in terms of amount by country - any country not mentioned is now a 10% increase, but it is an ever-changing landscape, and we don't have information yet on tariff stacking which is the real question for China and a few others

Read More

Market Update Q1 2025: No.16

March 23 and April 1 increases: For most of March, vessels have not been full and import demand/volume has not been strong for various reasons. Not the least of these are the tariff implications, and I'm sure everyone has heard plenty about them at this point.

Read More

Pegasus to Attend 52nd NCBFAA Annual Conference

Join us at NCBFAA Annual Conference 2025 April 6-9

Read More