Industry News

GENERAL RATE INCREASE - USA TO AUSTRALIA & NEW ZEALAND EFFECTIVE 15TH OCTOBER 2018

Attachments: With this article are the following attachments

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Please be advised that the Ocean Carriers operating the United States Southbound Direct Services to Australia & New Zealand have announced a General Rate Increase (GRI), effective from the 15th of October 2018 (Cargo Received Date).

Attached is an example of this notification from Hamburg Sud.

According to the notifications received, the GRI Base rate increase will be as below:

Increase Effective - 15th October 2018:

20' Container - USD 100.00

40' Container - USD 200.00

TCF have been communicating with various carriers since the announcement in an effort to have the GRI mitigated. The carriers however, have confirmed that the increases will stand and will remain effective from the 15th October.

As we have done previously, TCF and our overseas partners will be monitoring the market situation closely and continuing our efforts to mitigate the FCL GRI level where we can. 

We appreciate your support and if you have any questions or require further information regarding this matter, please do not hesitate to contact your sales or customer service representative.