8/15 Trans-Pacific Carriers Announce GRI

8/15 Trans-Pacific Carriers Announce GRI

Trans-Pacific carriers have announced a General Rate Increase (GRI) effective August 15, 2020. 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 August 15, 2020 Equip.USD20 ft$90040…

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Top-Ten Carrier PIL to Exit Trans-Pacific Marketplace

Top-Ten Carrier PIL to Exit Trans-Pacific Marketplace

Singapore-based carrier Pacific International Lines (PIL) has recently announced plans to withdraw from the Trans-Pacific marketplace. Why They’re Exiting the Market In a February 14 statement, the company cited results from its recent strategic review as the primary driving factors for its decision, emphasizing their desire for a realignment of services and increased optimization of…

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