General Rate Increase & Bunker Fuel Surcharge

December 6, 2016
By Danielle Leonard

Cargo ship

Trans-Pacific carriers have announced a General Rate Increase (GRI) and Bunker Adjustment Factor (BAF) effective January 1, 2017. The GRI and BAF will affect all Canadian and U.S. destinations. The following amounts are in USD and apply to all freight originating in North, South, and West Asia.

General Rate Increase

  • Applies to all cargo moving from Transpacific to the U.S. and Canada
  • Effective January 1, 2017
Equip. USD
20 ft $900
40 ft $1000
40 ft HC $1125
45 ft $1265


Bunker Adjustment Factor (BAF)

  • Applies to all cargo moving from the Transpacific via the following:
  • Effective January 1, 2017

Via West Coast

Equip. Current Levels January 1 Levels
20 ft $268 $282
40 ft $297 $313
40 ft HC $334 $352
45 ft $376 $396

 

IPI Via West Coast

Equip. Current Levels January 1 Levels
20 ft $410 $430
40 ft $455 $477
40 ft HC $512 $537
45 ft $576 $604

 

Via East Coast A-W

Equip. Current Levels January 1 Levels
20 ft $473 $494
40 ft $525 $549
40 ft HC $591 $618
45 ft $665 $695

Mohawk Global Logistics will continue to work with carriers to mitigate these charges wherever possible.


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