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Shipping from Asia to Latin America? A GRI is coming up

A General Rate Increase (GRI) from Asia* to the West Coast of Latin America, Mexico, Caribbean*, Central America and Latin America East Coast for cargo transported in 20’ and 40’ Dry containers, including High Cube equipment and 40’ Non-operative reefers is coming up. This GRI is applicable to all containers from April 1, 2024 (to Puerto Rico, Virgin Islands, US from April 19, 2024), and is valid until further notice.

The details for this increase are listed below:

  • 20' Dry Container: USD 700
  • 40' Dry Container: USD 900
  • 40' High Cube Container: USD 900
  • 40’ Non-operative Reefer Container: USD 900

For your reference, the geographical scope of this increase is explained below:

From Asia (excluding Japan), covering the following countries:
China, Macau, South Korea, Thailand, Singapore, Vietnam, Cambodia, Philippines, Indonesia, Myanmar, Malaysia, Laos, Brunei.

To the West Coast of Latin America, Mexico, Caribbean (excluding Puerto Rico, Virgin Islands, US), Central America and East Coast of Latin America covering the following countries:
Mexico, Ecuador, Colombia, Peru, Chile, El Salvador, Nicaragua, Costa Rica, Dominican Republic, Jamaica, Honduras, Guatemala, Panama, Venezuela, Brazil, Argentina, Paraguay, Uruguay.

If you require more information related to Ocean Tariff rates, please visit the tariff section of our website. As an alternative, please contact our customer service team at your location who will guide you based on your individual situation.

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