Following the announcement by shipping company Herbert Roth on May 1st that they will increase the comprehensive rate increase surcharge (GRI) of $800 and $1000 for 20 ‘and 40’ (including dry containers, refrigerated containers, and special containers) transported from East Asia to the United States and Canada, Maersk, Daffy, and MSC have successively increased their GRI by $540-1250.
Maersk Upgrades Asia to North America GRI and DHC
Maersk has issued a notice to customers that it will raise the comprehensive rate increase surcharge (GRI) of $900- $1250 for all types of containers from Asia Pacific to the United States and Canada starting from April 24th. The specific fee standards are adjusted as follows:
All 20 ‘dry boxes increase by $900;
All 40 ‘dry boxes increase by $1000;
All 40 ‘high cabinets increase by $1000.
All 45 ‘high cabinet dry boxes increase by $1250.
In addition, Maersk is revising and increasing the terminal loading and unloading service – destination (DHC) document handling fees for imported containers from around the world to North America. The new DHC rate will take effect on May 1, 2023.
Da Fei Announces an Increase in GRI
On the same day, DaFei also issued a notice to customers, stating that starting from April 15th, it will increase the comprehensive tariff increase surcharge (GRI) of $540- $1013 for all containers entering the port of heavy containers from Asia Pacific to the United States and Canada. The specific fee standards are adjusted as follows:
TO/via: Ports in the West and Canada
An increase of $540 for all 20 ‘dry and refrigerated containers;
An increase of $600 for all 40 ‘dry and refrigerated containers;
All 40 ‘high cabinets, including refrigerated containers, will increase by $600.
All 45 ‘dry boxes increase by $760.
All 53 ‘dry boxes increase by $960.
TO/via: Ports in the East and Gulf of Mexico, as well as Canada
An increase of $540 for all 20 ‘dry and refrigerated containers;
An increase of $600 for all 40 ‘dry and refrigerated containers;
All 40 ‘high cabinets, including refrigerated containers, will increase by $600.
All 45 ‘dry boxes increase by $760.
TO/via: via ports in the United States and Canada to inland points
An increase of $720 for all 20 ‘dry and refrigerated containers;
An increase of $800 for all 40 ‘dry and refrigerated containers;
All 40 ‘high cabinets, including refrigerated containers, will increase by $800.
All 45 ‘dry boxes increase by $1013.
MSC announces an increase in GRI
MSC has also announced that starting from April 15th, it will raise the comprehensive rate increase surcharge (GRI) for all containers of heavy containers imported to the United States and Canada. The specific fee standards are adjusted as follows:
TO/via: Ports in the West and Canada
An increase of $540 for all 20 ‘containers;
An increase of $600 for all 40 ‘containers;
All 40 ‘high cabinets increase by $600.
TO/via: via ports in the United States and Canada to inland points
An increase of $720 for all 20 ‘containers;
An increase of $800 for all 40 ‘containers;
All 40 ‘high cabinets increase by $800.
In the past few weeks, shipping companies have basically successfully achieved supply-demand balance on trans-Pacific and Eurasian routes, with claims that last week’s export voyages were “close to full load”. Therefore, spot freight rates have slightly increased.
A logistics source told S&P Global’s Platts Container Freight Comment: “Currently, there is insufficient space on ships; the current situation is that ships will be fully loaded before the third week of April, so carriers may try to further increase their freight rates in April.” This time, Herbert, Maersk, Dafei, and MSC have successively increased their GRI, Perhaps other shipping companies will also follow up and announce an increase in GRI in the near future. From this perspective, is the freight rate really about to rise?! Let’s wait and see!
