August 20, 2021

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Ningbo Terminal Operations Return

August 20, 2021 COVID-19 Updates, Global News, Market Updates

The Meidong terminal is expected to steadily ramp-up with more cranes operating from August 25 with full, normal operations starting September 1—following widespread testing of about 50,000 people in and around the terminal, where no new COVID-19 cases were found. According to the JOC, “the Meidong terminal is mainly used by Ocean Alliance members Cosco/OOCL,…

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9/15 Trans-Pacific Carriers Announce Eastbound GRI

August 20, 2021 Market Updates

Trans-Pacific carriers have announced a General Rate Increase (GRI) effective September 15, 2021. This GRI will affect all Canadian and USA destinations. The following amounts are in USD and apply to all freight originating in Asia and the Indian Sub-Continent. General Rate Increase Applies to all U.S. and Canadian portsEffective September 15, 2021 Equip.USD20 ft$180040…

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