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GRI and PSS Update - Asia to U.S.A.
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In order to return rates to sustainable levels to further protect their comprehensive service structure as a backbone of clients supply chain, most of the carriers have decided to implement the following General Rate Increase for dry and reefer containers:

Origins: Asia

Destinations: U.S.A.& Canada - all destinations:

Effective Date: August 10, 2009

GRI amounts: USD 400/20'' Standard

USD 500/40'' Standard

USD 565/40'' High-Cube

USD 635/45'' container.

Above announcements were received pretty much from all ocean carriers serving to this trade lane. As of today, according to latest updates we received from overseas, please note that rates will remain the same till 9th Aug 2009.

All carriers are waiting for to implement the GRI however most probably market leaders of each trade will take the first step and remaining will follow the application.

Therefore there is no further info at this moment about an actual increase however it seems like there will be a mild GRI. We will keep monitoring the market and inform you accordingly.

PSS is NOT officially declared yet. We''ll hear about that possibly from 17th Aug 2009. Ocean carriers are basically testing the volumes in the next fortnight before they come up with any rate plans.

BRILLIANT will negotiate the quantum GRI amounts with the ocean carriers on behalf of its customers and will inform when the actual increase is finalized.

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