Mediterranean Shipping Co. said Thursday that the general rate increase it plans to implement on eastbound trans-Pacific cargo from Asia to the U.S. and Puerto Rico on Sept. 1 is a second rate increase that follows the GRI it and other carrier members of the Transpacific Stabilization Agreement implemented in early August.
The Sept. 1 GRI follows the TSA’s recommended August GRI of $500 per 40-foot container to the West Coast and $700 to all other destinations.
It also follows the peak-season surcharge that MSC implemented on June 10.
MSC said the Sept. 1 increase is separate from the August GRI, and not a postponement of it.
MSC said the Sept. 1 GRI, which applies to all cargo originating in the Far East and Southeast Asia shipped to the U.S. West Coast and Puerto Rico, will be $400 per 20-foot-equivalent container unit, $500 per 40-foot-equivalent unit, and $550 per 40-foot high-cube container.
The increase in rates on containers shipped to U.S. intermodal points moving through or via U.S. West Coast ports will be $560 per TEU, $700 per FEU and $750 per 40-foot high-cube.
The increase in rates on containers shipped from ports in Asia to U.S. East Coast ports and to U.S. intermodal points moving through or via US East Coast ports will be $560 per TEU, $700 per FEU and $750 per 40-foot high-cube.