
Trans-Pacific Eastbound Rate Increase Announced
The carriers on the trans-Pacific eastbound trade lane have announced a $400/container General Rate Increase (GRI) effective June 1, 2020. This increase had originally been planned at $500. Simultaneously, carriers have filed a second increase of $1000/container effective June 14, 2020. It is important to understand that filed increases don’t always get implemented. Carriers are … Continued