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DGX - Dependable Global Express
9/16/2015
Rate Changes
Due to the recent increases set
forth by the vessel operators, a General Rate increase (GRI) will apply to all
US Origins for shipments destined to Asia/Far East (excluding South Pacific
islands), as shown below:
|
Origin
|
Destination
|
Increase
Amount
|
Effective
Date
(for
shipments sailing on or after the date listed below)
|
|
All US Origins
|
Asia/Far East (Ports of discharge,
excluding South Pacific Islands)
|
FCL:
$240/20'
$300/40’
LCL:
$6 w/m - $6 min
|
October 4, 2015
|
In support of the GRI above, the
following article is provided for your review:
Westbound
TransPacific lines begin phased US-Asia rate
increases
By: AJOT | SEP 08 2015 AT 5:12 PM | Liner Shipping
Container shipping lines in the U.S. export trade lane to
Asia are recommending phased, across-the-board increases in freight rates,
beginning October 1, 2015. The scheduled action reflects the trade’s recovery
from congestion challenges earlier in the year; a strengthening market heading
into what is typically the trade’s peak season; and an urgent need to halt
damaging rate erosion.
Effective October 1, member carriers in the Transpacific
Stabilization Agreement (TSA)’s Westbound section will be seeking to establish
new target rates in all dry commodity segments that translate into modest
increases in most cases, with higher proportionate increases for the most
depressed rates. TSA-Westbound lines say they expect to follow with similar,
gradual increases in November and December.
“U.S.-Asia
freight rates have fallen to historically low levels since the beginning of
2015 due to a strong dollar and unusually weak emerging market demand,” said
TSA-Westbound executive administrator Brian Conrad. “Current westbound rate
levels in many cases do not fully cover costs. At best, they make only a
nominal contribution to a round-trip sailing, and barely compete for space
aboard ship with empty repositioned containers needed in Asia. Worse, at a time
when westbound equipment is already in short supply, depressed rates encourage
migration of containers to other trades.”
New Zealand Office
We
are pleased to announce Michael Pick (Mike) as our New Zealand Country Manager.
Born in Switzerland, brought
up in Germany, Mike has professional logistics experience on four continents.
Mike is multilingual and brings extensive experience in the logistics
profession with him to DGX.
Please
give Michael a warm welcome into the DGX family.
Should
you have additional questions, please contact your local representative or call
our Corporate office at 1-888-488-4888 or 1-310-669-8888.
Thank
you for your business - we appreciate it!
Sincerely,
Brad Dechter
President