Dear Clients, As we expected Ocean Carriers are now advertising a General Rate Increase (GRI) on the 15th SEPT. This would be the 4th Increase, over a two month span. It will once again impact freight rates originating in CHINA, HONG KONG, TAIWAN, KOREA into all Australian Ports. Below is a list of the GRI increases either announced or applied to date. 1st AUG - USD150 per 20' / USD300 per 40' + LCL @ USD10 per WM 15th AUG - USD150 per 20' / USD300 per 40' + LCL @ USD10 per WM 1st SEPT - USD150 per 20' / USD300 per 40' + LCL @ USD10 per WM 15th SEPT - USD150 per 20' / USD300 per 40' + LCL @ USD10 per WM As always, Transways will only be adjusting your pricing should the carriers apply the increases. If you would like to discuss the current market conditions further, please reach out to your Transways Key contact.

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