Several carrier members of the Transpacific Stabilization Agreement Increase Rates
Several of the carriers noted exceptions to this GRI in their tariff rules; additional exceptions are made in tariff rate items and in individual service contracts. APL reduced its May-1st GRI amounts from USD 1300 to USD 750, per FEU for dry cargo, and did not apply the GRIs to cargo from Japan. For reefer cargo, APL postponed the effective date from May 1 to May 15; this will also not apply for cargo from Japan. APL also postponed the effective date from May 1 to May 15 for cargo from West Asia, and the amounts will be USD 400 per FEU. Evergreen reduced its May 1st GRI amounts from USD 1200 to USD 200 per FEU for USWC/G4 cargo and for cargo delivered to other inland via USWC (except G4 States), and to USD 150 per FEU for all other cargo. Evergreen postponed the effective date from May 1 to May 15 for cargo from India, Sri Lanka, Pakistan, and Bangladesh, and the amounts will remain USD 1200 per FEU. COSCO implemented a May 1st GRI of USD 1000 per FEU. Hanjin Shipping cancelled its May 1st GRIs for cargo from Sub-Continent origins. Hapag Lloyd implemented May 1st GRIs of USD 400 per FEU for cargo from Sub-Continent origins. Hyundai postponed the effective date of its GRI from May 1 to May 15 for cargo from Japan and Sub-Continent origins. Maersk implements GRIs of USD 600 per FEU. OOCL cancelled is May 1st GRIs.
Most of the TSA carrier members have filed a new GRI effective June 1, 2016 for USD 600 per FEU with GRI amounts for all other container sizes as per formula. However, COSCO filed GRIs for USD 1000 per FEU. This will be the sixth GRI of the year for the East Asia/USA trade lane. The TSA's fifteen member carriers are: American President Lines, China Shipping Container Lines, CMA CGM, COSCO Container Lines, Evergreen Marine, Hanjin Shipping, Hapag-Lloyd AG, Hyundai Merchant Marine, "K" Line, Maersk Line, Mediterranean Shipping, NYK Line, OOCL, Yang Ming Marine, and Zim Integrated Shipping Services.
The group's web site at www.tsacarriers.org provides additional information, however, each carrier maintains its own tariffs and controls its own pricing, and this website does not provide details of GRIs – those are filed in individual carrier tariffs and service contracts. The TSA Carrier group only issues recommended guidelines to its member carriers. Website addresses for all carriers are listed on www.fmc.gov.