Photo courtesy of the Port of Los Angeles
Shipping Increase as of April 1st : GRI (General Rate Increase) on your Imports
Importing your shipping containers as of April 1st will be affected by a GRI (General Rate Increase). This increase is based on the demand for containers needed out of the point of origin.
The exact amount of the increase has not yet been established, but generally speaking, general rate increases average around $300 per container. The GRI prices will go back down when demand is low.
In 2013 we had one GRI, but in 2012 we had four – the number of increases per year is hard to predict. What we do know is that booking your shipments early will help you be more prepared for the season and can substantially lower your shipping costs.
If you have any questions or would like to consult with an expert at Steele Logistics about managing your shipments, please contact us.