MSC to impose GRI on US-Far East lane

Home » Breaking News, Maritime » MSC to impose GRI on US-Far East lane

Posted by Romelda Ascutia on January 23, 2012 0 Comment

Mediterranean Shipping Company (MSC) announced a general rate increase (GRI) for all cargo on the US-Far East trade from March 2012.

The Swiss carrier said the rate hikes are as follows:

• US West Coast—US$50 per 20-foot equivalent unit (TEU); $100 per 40-foot equivalent unit (FEU)

• From intermodal points moving through/via US West Coast—$100 per TEU; $200 per FEU
• US East Coast and Gulf—$100 per TEU; $150 per FEU

• From intermodal points moving through/via US East Coast or Gulf—$100 per TEU; $200 per FEU

The new rates apply from March 1, MSC said in a statement.

Photo by pmarkham

Posts Related to MSC to impose GRI on US-Far East lane

CMA CGM unveils new freight rate hikes for March-May
French ocean carrier CMA CGM continues its rate restoration initiative, announcing its new freight price hikes for the Asia-U.S. and Canada trades. It also disclosed ...
Zim hikes rates in Asia-South America East Coast trade
Zim Integrated Shipping Services will impose a general rate increase (GRI) on the Asia-South America East Coast trade starting July 1, 2011. The planned increase ...
MSC hikes U.S.-Asia rates
Mediterranean Shipping Co. (MSC) announced a rate hike for its United States-Far East service effective November 1, 2011. The Swiss carrier explained that the rate ...
CMA CGM announces rate hikes on several markets
French ocean carrier CMA CGM announced a series of general rate increases (GRIs) on various trade routes as part of its revenue restoration program. The ...
CMA CGM enforces GRIs, surcharges from September
CMA CGM has announced a series of general rate increases (GRIs) and surcharges on several of its routes. Effective September 1, 2011, the new GRI ...